House Ways and Means Committee member Rep. Jodey Arrington, R-Texas, introduced a bill that would either require the Office of the U.S. Trade Representative to seek a dispute settlement panel over Mexican energy policies, or to make compliance with USMCA in energy a condition of continuing a pact.
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The Coalition for a Prosperous America, whose first CEO joined the Office of Management and Budget as associate director for economic policy (see 2502240005), is calling for replacing USMCA with two bilateral trade agreements. The CPA submitted comments for the USMCA six-year review.
The U.S. is likely to commit to a full renegotiation of USMCA during the trade pact's upcoming sunset review and could even abandon the trilateral agreement in favor of individual ones, according to Miguel Messmacher, former chief economist at the Ministry of Finance of Mexico.
The Office of the U.S. Trade Representative has rescheduled a public hearing on how USMCA has been working to Dec. 3 through Dec. 5. Each day will begin at 9 a.m. at the International Trade Commission's main hearing room. The hearing was originally scheduled for Nov. 17.
NEW YORK -- Although the president's obsession with domestic manufacturing doesn't extend to apparel, there are no signs the administration will adjust tariff policy to make clothing imports more affordable, or even adjust rules of origin to privilege nearshoring, an old Washington hand told the U.S. Fashion Industry Association annual conference audience.
More than 100 House Democrats asked the U.S. trade representative to make significant changes to USMCA as part of its six-year review, arguing that imports from Mexico and Canada are undermining U.S. autoworkers, steelworkers, aerospace workers and farmers.
As the Office of the U.S. Trade Representative considers whether the U.S. wants to continue the USMCA, it will evaluate more than 1,500 comments from farmers, manufacturers, retailers, civic society and broad business interests that operate in all three countries.
House Ways and Means Trade Subcommittee Chairman Adrian Smith, R-Neb., wrote that in order to make sure the "strong trade deals" the president has negotiated with Europe, Malaysia, Japan and others last past 2028, Congress must codify those agreements.
CBP released guidance on Section 232 import duties for medium- and heavy-duty trucks, medium- and heavy-duty truck parts, and buses via an Oct. 29 cargo systems message.