Electric vehicle manufacturing and supply chain resilience in semiconductors continued as major topics in the U.S.-Mexico High-Level Economic Dialogue, and pharmaceutical supply chain resilience is now also on the agenda, according to a joint statement after the HLED in Mexico City Sept. 12.
Sen. Bill Cassidy, R-La. believes that a way to preserve the economic benefits of chemical plants and also fight climate change is to impose a carbon border adjustment tax on certain goods.
A trade group that represents firms that import Mexican produce fired back at a Florida delegation that had asked the U.S. trade representative to initiate an investigation against Mexican growers under Section 301 (see 2209090052).
U.S. Trade Representative Katherine Tai frequently talks about the need for a smarter globalization, which she calls Globalization 2.0, which is more resilient and more environmentally sustainable.
India chose not to sign onto the trade pillar in the Indo-Pacific Economic Framework, which focuses on digital trade, trade facilitation, science-based sanitary and phytosanitary rules, trade in environmental goods, and laws to protect labor rights.
All but five of Florida's 27 members of the House of Representatives and both Senators are asking U.S. Trade Representative Katherine Tai to initiate a Section 301 investigation on Mexican exports of fruits and vegetables.
Sen. Marco Rubio, R-Fla., the driving force in the Senate behind the Uyghur Forced Labor Prevention Act (UFLPA), is aware that Xinjiang goods -- even those labeled as coming from the state-owned Xinjiang Production and Construction Corps, which is on the banned entity list -- are entering U.S. commerce.
U. S. Trade Representative Katherine Tai said that when she met with Korea’s Minister for Trade Ahn Dukgeun, he told her his country's concerns about the electric vehicle provisions of the Inflation Reduction Act. "They ... highlighted the importance of meaningful action on clean energy technologies to combat the climate crisis while addressing supply chain and security vulnerabilities," she said in a readout of the Sept. 7 meeting.
Trade facilitation -- or how customs is administered -- and digital trade practices are non-tariff barriers that the Indo-Pacific Economic Framework can tackle, and therefore help U.S. exporters, particularly small businesses. That was the message from a senior official at the Office of the U.S. Trade Representative, which is managing one of the four pillars of the IPEF.
When asked what the U.S. wants from China in economic terms, U.S. Trade Representative Katherine Tai borrowed a metaphor from a former assistant U.S. trade representative responsible for trade negotiations between the U.S. and China. She said that he said the trade relationship with China is like two teams showing up to play football, but one is playing American football, and the other is playing what the rest of the world calls football that the U.S. calls soccer.