Representatives from the Office of the U.S. Trade Representative and the Commerce Department presented draft negotiating text on trade facilitation, agriculture, services, domestic regulation, and transparency and good regulatory practices in the trade pillar, as well as text on supply chains, during negotiations for the Indo-Pacific Economic Framework in Brisbane, Australia, Dec. 10-15.
The Office of the U.S. Trade Representative is seeking comments by Jan. 30 that identify policies or practices that would put a country on the intellectual property watch list, it said in a Federal Register notice. It is not planning a public hearing, so commenters will be asked to respond to written questions from administration officials.
Ambassador Maria Pagan, who leads the U.S. delegation at the World Trade Organization, defended the U.S. during the two-day session in Geneva that began Dec. 14. All countries in the WTO must answer questions about their policies every few years.
A proposal by the U.S. to the EU on how to structure trade preferences for clean, fairly traded steel and aluminum says that members of a global climate club would agree that when they exported steel or aluminum to other member countries, if their plants were at or below the importer's plant emission standards, they would enter with no tariffs, but if their plants were above the standards, they would have to pay a carbon tax.
A U.S. readout of a trade meeting with Bangladesh said that Bangladesh would like to return to the Generalized System of Preferences benefits program -- which has been expired for two years. Bangladesh was cut from the program in 2013, after the disastrous Rana Plaza apparel factory collapse that killed more than 1,000 workers. In the last year it participated, Bangladesh exported almost $35 million worth of goods covered by GSP; it was not in the top 20 countries, as the bulk of Bangladesh's exports to the U.S. are textiles, apparel and footwear, none of which are covered by GSP.
U.S. Trade Representative Katherine Tai and her EU counterpart Valdis Dombrovskis reviewed their civil aircraft working group's ongoing analysis "related to Chinese non-market policies and practices in the sector, such as industrial planning and targeting, discriminatory and anti-competitive activities of State- or Party- controlled entities, State-directed purchases, financial support, and forced technology transfer policies. They also exchanged views on the long-term risks to their market-oriented sectors from China’s state-directed industrial dominance goals." Tariffs on European goods and tariffs on U.S. exports related to the Airbus-Boeing subsidy dispute were lifted in June 2021, but the U.S. said its tariffs were paused for five years as the two sides try to work out a permanent agreement on subsidies and on protecting their industries from Chinese competition that they say is a result of oversubsidization and other trade abuses.
At a press conference at the end of the first day of the EU-U.S. Trade and Technology Council, U.S. Trade Representative Katherine Tai said that the U.S. and EU are "on track" to reach an agreement on preferencing trade in fairly traded clean steel and aluminum by next November. The two sides gave themselves that deadline when the U.S. said it was moving from tariffs on EU steel to a tariff-rate quota approach.
At the first U.S.-EU Trade and Labor Dialogue, U.S. Trade Representative Katherine Tai, Deputy Undersecretary of Labor for International Affairs Thea Lee and European Commission Executive Vice President Valdis Dombrovskis talked about leveraging trade tools between the United States and the European Union to eliminate forced labor in the global economy," according to a USTR readout of the Dec. 5 meeting.
U.S. Trade Representative Katherine Tai, at a Dec. 2 Atlantic Council event on trade with Africa, said members of Congress should really dig into the long-standing African Growth and Opportunity Act preference program, in preparation for its reauthorization in 2025.
A readout of a Dec. 1 meeting between U.S. Trade Representative Katherine Tai and Mexican Economy Secretary Raquel Buenrostro, a new appointee, said Tai "reiterated the importance" of Mexico imposing a ban on the import of goods made with forced labor. Tai also said it's urgent consultations over what the U.S. sees as discriminatory investment policies in Mexico's energy sector make "meaningful progress."