Top U.S. and Chinese negotiators will meet in Washington next month to pick up on talks to try to end the trade war that is weighing heavily on U.S. farmers and manufacturers, according to Xinhua News, a Chinese government-run media outlet.
The Trump administration, seeking to gain support for the U.S.-Mexico-Canada Agreement from apprehensive House Democrats, sent its chief trade advisor to Capitol Hill Wednesday morning to try to sell the pact and address lawmakers’ concerns.
The House of Representatives is awash with new lawmakers. They’ve only been on the job for a few months but could present a formidable obstacle for the Trump administration as it pushes for approval of the U.S.-Mexico-Canada Agreement.
Trade negotiations between the U.S. and China are likely in their final weeks, but that’s no guarantee the trade war between the two countries will end any time soon, U.S. Trade Representative Robert Lighthizer told lawmakers Tuesday.
U.S. and Canadian negotiators have reached an eleventh-hour agreement assuring Canada will be part of the renegotiated North American trade pact that is to be renamed the United States, Mexico, Canada Agreement. As part of the deal, Canada agreed to eliminate its controversial Class 7 dairy pricing program.
U.S. complaints that Europe wasn’t living up to a promise to import American beef were ignored for years, but that’s changed in the months since the Trump administration began considering retaliatory duties on European imports. Now the two sides are talking and it looks like a deal could be in the works.
The sometimes chilly relationship between the U.S. and Canada just dropped a few degrees with a new Canadian complaint to the World Trade Organization that parts of the U.S. system for international trade remedies are unfair.
The World Trade Organization is heading down a new and more trade-friendly path and that will benefit the U.S. ag sector, U.S. Trade Representative Robert Lighthizer declared at the end of the group’s 11th ministerial meeting this week in Buenos Aires.