President Donald Trump signed into law on Oct. 24 an opioids bills package that includes measures to fight fentanyl trafficking through the mail. The STOP Act, or Synthetics Trafficking and Overdose Prevention Act, is one of the parts of the package (see 1809180040), and it will require advance data from all international mail by 2020 -- designed to help CBP interdict small-scale fentanyl and carfentanil shipments, particularly ones from China.

The chairman of the White House Council of Economic Advisers says trade negotiators have made "a heck of a lot of progress" with Europe, the United Kingdom and Japan, and "all of those agreements are going to look similar" to the rewritten NAFTA. Kevin Hassett was speaking at the Global Services Summit on Oct. 17, as he was interviewed by Laura Lane, UPS president of global public affairs. Technically, none of those trade negotiations have opened, as they are not allowed to until Congress sets priorities. The day before Hassett spoke, the Office of the U.S. Trade Representative notified Congress of its intention to begin negotiations (see 1810160057). Hassett said President Donald Trump told his staff, "Once I get a deal with one country, I bet they're really going to cascade, the deals."

The State Department will file notice of the U.S.'s withdrawal from the Universal Postal Union, the White House said in an Oct. 17 news release. "This will begin a one-year withdrawal process, as set forth in the UPU Constitution," the White House said. "During this period, the Department of State will seek to negotiate bilateral and multilateral agreements that resolve the problems discussed in the Presidential Memorandum. If negotiations are successful, the Administration is prepared to rescind the notice of withdrawal and remain in the UPU." The action follows a recent State Department report on updating the terms of the UPU that said progress has been slow in making requested changes. President Donald Trump agreed with the State Department's "recommendation to adopt self-declared rates for terminal dues as soon as practical, and no later than January 1, 2020," the White House said. The UPU treaty allows for cheaper postal fees on small packages from China and other countries.

The U.S. will not meet with China to talk about trade until he's convinced they're ready to make a deal, President Donald Trump said, speaking with reporters after U.N. Ambassador Nikki Haley announced her resignation on Oct. 9 at the White House. Trump said the U.S. rebuilt China by purchasing so many Chinese goods, and that he wants to put an end to the unbalanced trading relationship. "China wants to make a deal. And I say they’re not ready yet. I just say they’re not ready yet. And we’ve canceled a couple of meetings because I just say they’re not ready to make a deal," he said. "It’s been a one-way street for 25 years. We’ve got to make it a two-way street. We’ve got to benefit also, OK?"

Withdrawing from NAFTA before ratification of the U.S.-Mexico-Canada Agreement would "trigger devastating negative economic consequences," the Koch Brothers' Freedom Partners organization told President Donald Trump in a letter sent Oct. 3. The letter, which commended the administration for reaching an agreement, said USMCA has positive elements on digital trade, e-commerce and finances, but the introduction of wage standards and stricter auto rules of origin "drive up costs for everyone while protecting only a few jobs at the expense of many others." Freedom Partners and Americans for Prosperity asked the administration to immediately drop the steel and aluminum tariffs on Mexico and Canada, and to end the threat of Section 232 tariffs on autos and auto parts.

Previous presidents gave lip service to curbing China's unfair trade practices, but never followed through, National Economic Council Director Larry Kudlow said during a Q&A at the Economic Club of Washington, D.C. "And President Trump is following through. Don't blame Trump, blame the system he inherited." Kudlow, who called Trump a disrupter, acknowledged that he is "more of a doctrinaire free trader" than his boss. But, he said, the China problem can't be left alone. "China has played fast and loose with the rules," Kudlow said Oct. 4. "The World Trade Organization needs reforms to enforce those rules. China is not a developing country anymore."

While an Atlantic Council scholar doesn't expect tariffs on Chinese goods to be lifted in the next six months, he said a resolution next year may be coming. "I don't believe there's any incentive for the administration to back down, certainly before the mid-terms," said Bart Oosterveld, the director of the Atlantic Council Global Business and Economics program. But, he added, he doesn't think the administration is interested in waging a trade war with China through the election in 2020. He also said the Chinese are willing to compromise.

President Donald Trump will appoint some new members to the Advisory Committee for Trade Policy and Negotiations for four-year terms, the White House said in a notice. New members include Robert DeMartini, CEO of New Balance; Charles Rivkin, CEO of the Motion Picture Association of America; and Gary Jones, president of United Automobile Workers. The other appointees are:

President Donald Trump and the president of South Korea signed the revised U.S.-Korea Free Trade Agreement (see 1809040039) during a ceremony on the sidelines of the United Nations meeting in New York Sept. 24. The change from tariffs to quotas on steel that was part of the KORUS renegotiation has already taken effect. No other immediate changes to duties on South Korean goods is expected from the FTA signing. The White House also released a fact sheet on the deal and trade with South Korea.

President Donald Trump is in favor of moving forward with proposed Section 301 tariffs on a broad group of products from China, according to a report from Bloomberg. The proposed tariffs on $200 billion worth of Chinese imports (see 1808010070) could come soon after the comment period on the proposal ends on Sept. 6, the report said. Asked to confirm the report during an interview, Trump called it "not totally wrong."