USTR Continues Push for 'Free and Fair Trade' at OECD Meeting
The Trump administration continued its push for “free and fair trade” in international fora in a statement (here) released by the Office of the U.S. Trade Representative at the Organization for Economic Cooperation and Development Ministerial Council Meeting in Paris.…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
The statement also seemed to embrace that U.S. trade remedies must be World Trade Organization-consistent. “We acknowledge the right to use World Trade Organization (WTO)-consistent trade remedies to tackle such practices and enforce our rights,” the statement says. “The United States recognizes the importance of international trading systems, including WTO-consistent trade agreements. We also commit to working with other Members to improve the functioning of the WTO, to ensure full and transparent implementation and effective and timely enforcement of the WTO agreements as negotiated and to make the utmost efforts to achieve a successful 11th WTO Ministerial Conference." USTR urged the elimination of "trade-distorting practices such as dumping" and "forced technology transfers" so as to "foster a truly level playing field."