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BC, Ottawa officials applaud decision on US softwood lumber duties
Officials in Ottawa and British Columbia have welcomed a ruling under the North American Free Trade Agreement, saying it found elements of the United States’ calculation of softwood lumber duties are inconsistent with that country’s own law.
Joe Biden and Rishi Sunak seek UK/US trade pact before 2024 elections
Leaked US proposals cover thorny issues including agriculture, but not market access.
South Africa to motivate for AGOA renewal for Africa’s development
South Africa will motivate for the extension and renewal of the US preferential trade framework the African Growth and Opportunity Act (AGOA) for itself and other African countries.
US confirms SA will host AGOA summit despite Russian rift
Despite US threats that it should be moved to another country, South Africa will continue to host a summit between the US and beneficiaries of the African Growth and Opportunity Act (AGOA) in November.
No ’copy-paste’: AGOA must change, says US trade chief
The top US trade official said renewing the nation’s preferential access programme for African products without changes counters the Biden administration’s objectives in global commerce.
How Trump and Biden killed the free-trade consensus
The US has turned sharply against free trade over the past two decades, shifting from an era in which members and presidents of both parties generally embraced one free-trade pact after another.
Britain signs trade accord with Washington state, eyes Florida next
Britain signed a memorandum of understanding on trade with the US state of Washington, and a top official said a similar agreement could be reached soon with Florida.
Mexico must address US’ ’serious concerns’ over energy measures, USTR says
A US trade official stressed Mexico’s need to address "serious concerns" from the United States of its energy measures, which were raised during consultations under a regional trade pact, the US Trade Representative’s office said.
US politicians push for Latin America to be added to CUSMA
A bipartisan duo of US senators is leading a growing push to open up the continent’s “gold standard” trade agreement to include parts of Latin America in order to build a better bulwark against China’s geopolitical might.
United States and Africa: increased engagement regarding trade creating opportunities in the African free trade area
A memorandum of understanding (MoU) was signed in December 2022, between the United States (US) trade representative and the AfCFTA Secretariat at the US-Africa Leaders’ Summit (Summit) in Washington DC.
Preliminary summary comments on the Indo-Pacific Economic Framework (IPEF) Supply Chain text (Pillar 2)
This text deals with the focus of IPEF, which is to reduce supply chain dependence on China and to create alternative networks of supply chains and prevent disruptions.
IPEF agreement on supply chain resilience (Sep 2023)
US and Thailand hold Trade and Investment Framework Agreement joint council meeting
The United States and Thailand met under the US-Thailand Trade and Investment Framework Agreement (TIFA).
The global economy’s real enemy is geopolitics, not protectionism
What was called ‘free trade’ in the West was only a phase of hyper-globalization that didn’t work equally well for all, while recent inward turns can be taken as a rebalancing of priorities.
S. Korea files for cancellation of int’l tribunal’s compensation order in Lone Star case
The South Korean government filed an appeal seeking to cancel an international tribunal’s order to pay compensation to American private equity firm Lone Star Funds with the firm’s sell-off of the now-defunct Korea Exchange Bank.
Biden is turning away from free trade – and that’s a great thing
Trade deals have brought cheaper goods. They’ve also destroyed millions of US jobs and caused US wages to stagnate.
Joint statement of the United States-Mongolia Trade and Investment Council
The United States and Mongolia convened the seventh meeting of the US-Mongolia Trade and Investment Council, established under the US-Mongolia Trade and Investment Framework Agreement.
How the US can enforce an “unenforceable” IPEF
The proposition that the Indo-Pacific Economic Framework for Prosperity will not be enforceable is an illusion.
The US Congress’s role in the IPEF and the possibility of a US “certification” requirement before the IPEF enters into force
Pillar 1 of the Indo-Pacific Economic Framework for Prosperity is entitled “Trade” and is expected to have binding and enforceable trade-related commitments.
Canada says will join as third party in US-Mexico dispute over GM corn imports
Canada will participate as a third party in the dispute settlement proceedings between the US and Mexico regarding genetically modified corn in imported tortillas and dough, citing concerns about Mexico’s stance on the matter.