Articles Tagged with ''USTR''

The U.S. and China have signed off on a partial, “Phase One,” trade pact that includes a Chinese pledge to buy tens of billions of dollars of U.S. farm commodities, President Donald Trump said Friday.

The Trump administration has reached a tentative trade deal with China, according to news reports that come the same day President Donald Trump tweeted that an agreement was “very close.”

The House is still on track to vote on the U.S.-Mexico-Canada Agreement next week, but several Republican senators are complaining that they won’t have a say in the process like they are meant to under the Trade Promotion Authority (TPA) law.

House Speaker Nancy Pelosi and Democratic leaders gave the green light on Tuesday to a revised U.S.-Mexico-Canada Agreement and, according to House Ways and Means Committee Chairman Richard Neal, a floor vote on the new North American pact could get a floor vote next week.

Two of the highest-level trade officials representing the U.S. and Mexico worked through the day Friday and into the night trying to reach an agreement on the replacement to the North American Free Trade Agreement, but fell short of a deal that both countries could accept.

China is lifting its four-year ban on U.S. poultry, opening the way for hundreds of millions of dollars of U.S. exports and demonstrating a further thaw in U.S.-China trade relations.

House Democrats emerged from negotiations Wednesday with U.S. Trade Representative Robert Lighthizer on the U.S.-Mexico-Canada Agreement with a newfound optimism that an agreement on the pact will soon be within reach.

US-Japan deal signed * ‘New start’ in China talks

House Democrats and the Trump administration have reached an agreement to resolve some of the remaining obstacles to passage of the U.S.-Mexico-Canada Agreement.

Japan agreed Wednesday to cut or eliminate tariffs on $7.2 billion worth of U.S. ag commodities and erect new quotas under a trade deal that U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe signed Wednesday.