Trade and Manufacturing Monitor
Get Your Duty-Free Here....The USTR initiates 2017 Annual GSP Review
On August 10 th, the Office of the U.S. Trade Representative (“USTR”) initiated its annual review of a program that extends duty-free treatment to producers in 120 designated developing countries and examines whether…
Senate Democrats Propose a “Better Deal” for American Jobs
Last week, Senate Democrats released their “ Better Deal on Trade and Jobs ” trade policy statement. The seven point platform is aimed at preventing outsourcing of American jobs and increasing American exports. The…
Schumer Urges Trump to Suspend All China-Related Mergers Pending Before CFIUS to Exact Tougher Approach on North Korea
Senate Minority Leader Charles Schumer wants President Trump to take a stand against China for its kids-gloves response to North Korea’s nuclear missile activity by using the Committee on Foreign Investment in the…
Ross Op-Ed Defends U.S. Trade Policy as Response to Unfair Trade Practices of Others – Not Protectionism
In a Wall Street Journal opinion piece, U.S. Secretary of Commerce Wilbur Ross reminds U.S. trading partners with sizeable surpluses that trade flows in not one, but two directions. Pushing back against assessments…
Congress Passes Landmark Russia Sanctions
Last night the U.S. Senate passed sweeping sanctions on Russia, Iran, and North Korea by a vote of 98-2. The Countering America’s Adversaries Through Sanctions Act (the Act) contains important changes to U.S. sectoral…