Twenty-three members of the U.S. Congress penned a letter to President Joe Biden on Monday (March 22), urging him to pursue a formal free trade agreement (FTA) with Taiwan.
Trade talks with the US will seek to build on “well-channeled lines” established during negotiations with the Trump administration while seeking to incorporate new priorities favored by President Joe Biden, the UK envoy to Washington said.
Biden is on the right track in calling for reform. But if the same deregulatory agenda remains in our internationally enforceable trade agreements, Biden’s reforms will come up short, ultimately subverting his agenda and vision.
Newly confirmed US Trade Representative Katherine Tai will speak with her British counterpart, Secretary Liz Truss, next week to further talks on a possible trade agreement.
Like its predecessor, the Biden administration has largely dispensed with the idea of free trade as a goal in and of itself.
Taiwan on January 1, lifted a ban on U.S. pork imports containing a leanness-enhancing additive despite strong public opposition to gain free trade with Washington, oppositions aid Friday.
China stands ready to work with other countries to achieve mutual benefits on the basis of greater mutual opening,” Premier Li Keqiang said.
The US-Kenya free trade talks should not be used as a justification to undermine Kenya’s efforts to regulate the use of single-use plastics, says Greenpeace Africa.
In a statement released after the first telephone conversation with President Joe Biden on Thursday evening, the State House noted that Kenya being the fourth largest trading partner of the US in Africa, Biden had re-affirmed commitment to enhance trade relations.
India has blamed American trade negotiators for the failure to reach an agreement, by constantly changing, and upping, their demands. Recent Indian emphasis on import substitution through a ‘Make in India’ campaign has epitomized the challenges facing the bilateral trade relationship.
Tai called on China to live up to the commitments in its trade pact with the US and wants to accomplish similar goals as her predecessor but in a more process-driven manner.
US trade representative nominee Katherine Tai has said implementing the new free trade agreement between the United States, Canada and Mexico will be a priority.
South Africa’s preferential market access to the U.S. is under review, however, the country is apprehensive about striking a new trade deal with the U.S. and would rather maintain existing relations with the world’s largest economy.
India has called for a “fresh package” for trade talks with the United States and the new Biden administration that will go beyond, this time, the “nitpicking” and the constant shifting of goalposts that had bogged down the last round of discussions with the Trump administration.
Internal USTR communications lay out how the agrochemical industry is “pushing” for the US to fold this issue into the United States-Mexico-Canada Agreement (USMCA).
African countries negotiating free trade agreements with parties from other parts of the world will be required to grant the same preferences or better terms to African Continental Free Trade Area (AfCFTA) member states.
The inaugural Trade and Investment Framework Agreement (TIFA) meeting between the United States of America (USA) and Fiji was held virtually.
If decoupling is not in the cards, the United States must find a way to ensure trade improves the lives of workers – on both sides of the Pacific.
Negotiating FTAs can be a challenge as it involves an element of give and take. Since companies trade and not countries, some benefit while others lose out.
The US was critical in convincing Japan to join the trade pact. Now Tokyo wants to bring Washington back into the fold.