The Trump administration has laid out a lengthy list of its complaints and demands for changes in the World Trade Organization’s appellate body five months ahead of the WTO’s twelfth ministerial meeting that will be held in Kazakhstan.
The U.K. successfully split from the European Union last week, setting into motion a scramble on both sides of the Atlantic in Washington and Brussels to woo the British into a free-trade agreement as billions of dollars in ag trade hang in the balance.
President Donald Trump on Wednesday signed the implementing language for the U.S.-Mexico-Canada Agreement into law, leaving Canadian ratification as the last hurdle for the pact that would preserve the strong trade ties between the three North American countries.
China has agreed to make significant policy changes to tear down non-tariff barriers to U.S. farm commodities under the trade deal expected to be signed early next year, according to industry sources who were briefed on the pact and government officials with knowledge of the briefing.
Mexico is now protesting a provision tucked into the recently revised U.S. version of the U.S.-Mexico-Canada Agreement that calls for the U.S. to install five new attaches in Mexico to monitor the country’s labor reform efforts.
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.
The Trump administration on Monday moved closer to getting a deal for its renegotiated North American Free Trade Agreement as pressure increases from lawmakers and farm groups for a year-end ratification vote.