Trade and Manufacturing Monitor
China Requests $2.4 Billion in Relief After WTO Ruling Against United States
Late last week, China filed a request with the World Trade Organization (WTO) Dispute Settlement Body (DSB) for authorization to “suspend concessions and related obligations” in the amount of $2.4 billion as recourse…
BIS tightens Cuba restrictions, lowers de minimis threshold to 10 percent
Today, the U.S. Bureau of Industry and Security (BIS) amended the Export Administration Regulations (EAR) to further tighten restrictions on Cuba. The changes, which are effective immediately, are part of a broader…
Developing Country Status Up for Debate at WTO
At the WTO General Council’s meeting this week in Geneva, the debate over developing country rights at the WTO came to a head. The United States has recently been especially outspoken in its criticism of developing…
Deal Done. Summit Ahead.
The crowd of journalists, functionaries, trade association reps, and political junkies hovering in Brussels for fresh Brexit news grew over the course of the last week following what appeared to be a positive meeting…
“Phase One” Agreement Between the United States and China Reached
On Friday, October 11, 2019, President Trump announced that a “phase one” agreement had been reached with China. Most notably, the U.S. agreed to suspend its plan to increase tariffs from 25% to 30% on $250 billion in…