U.S. Trade Representative Katherine Tai and Indian Commerce Minister Piyush Goyal did not announce any breakthroughs after their Jan. 11 meeting, but their joint statement pointed to some trade irritants that might be resolved in the future.
In the first formal round of negotiations with Taiwan, the U.S. will present texts it would like to see adopted on good regulatory practices, trade facilitation and other areas, but not on lowering tariffs for U.S. exports, as that is beyond the scope of the 21st Century Trade Initiative.
Ahead of a meeting of the "Three Amigos" -- the presidents of the U.S. and Mexico and the prime minister of Canada -- Jan. 9-10, business groups that advocate for North American integration said during a Jan. 6 webinar that they're hoping to see more evidence of nearshoring and using North American resources to diversify away from China.
Assistant U.S. Trade Representative Terry McCartin, along with other U.S. officials, will travel to Taipei for in-person negotiations for the U.S.-Taiwan Initiative on 21st-Century Trade, which has similar objectives to the Indo-Pacific Economic Framework. The negotiations are scheduled for Jan. 14-17.
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On the last day of the current Congress, retiring Sen. Rob Portman, R-Ohio, introduced a bill that would ask the Commerce Department and the Office of the U.S. Trade Representative to analyze the economic integration between the U.S. and China in priority sectors, and the U.S. government's views of how that integration should change over the next five to 19 years.
Two lawmakers asked the Biden administration this week to begin negotiations on trade deals with Ecuador and Uruguay. Trade agreements with both countries would “capitalize on the bipartisan momentum and success” of USMCA, said Sens. Bob Menendez, D-N.J., and Rob Portman, R-Ohio.
The Office of the U.S. Trade Representative this week announced the hiring of two new officials.
USDA and the Office of the U.S. Trade Representative are accepting applications for new members to sit on agricultural trade advisory committees, the agencies said this week. Applications are being accepted for six Agricultural Technical Advisory Committees -- covering animals, fruits and vegetables, grains and more -- as well as the Agricultural Policy Advisory Committee, which advises the administration on the implementation and enforcement of trade agreements and trade policy. Members serve four-year terms without compensation. Applications are due by 5 p.m. Jan.31.