BALTIMORE -- U.S. Trade Representative Katherine Tai continued to throw cold water on the idea of reviving negotiations for a free-trade agreement with the United Kingdom, saying, "A free trade agreement is a tool. It is a very 20th century tool. It has its place certainly in the toolbox," she said, but said that she wants these U.K.-U.S. economic dialogues to be "maximally responsive" to today's trade challenges. She said she wants to make sure "that we don’t spend years and spend a lot of blood, sweat and tears working on something that isn't going to be relevant to the needs of our people or our economies."
The top trade official in the British government and U.S. Trade Representative Katherine Tai said they want to do even more trade and investment between the two countries, even as a free-trade agreement is not the end goal. Secretary of State for International Trade Anne-Marie Trevelyan had hoped that the Biden administration would continue the free trade negotiations started during the Trump administration, but that has not happened. Marjorie Chorlins, who leads the U.S.-U.K. Business Council at the U.S. Chamber of Commerce, also spoke at the March 21 plenary in Baltimore, saying the business community strongly supports more U.S.-U.K. economic cooperation.
Sen. Mike Braun, R-Ind., and other Republicans asked the administration to use all available tools to help the union that represents dock workers and the port authorities on the West Coast to reach contracts on time this summer. Braun and his colleagues wrote, "We have heard from a number of stakeholders with concerns that a breakdown in negotiations ... will lead to even more disruptions and shipping delays at a time in which our nation’s ports are reporting record backlogs. ... Any delays caused by failed negotiations will have a drastic cost and impact on our nation’s supply chain. This cost will be felt by not only retailers and others that rely on ports for their business, but also by millions of American workers, farmers, and ranchers, who may face short-term shutdowns at their factories or barriers to shipping their products to market.”
Senators and representatives from all over the country wrote to the International Trade Commission asking it to reconsider countervailing duties on phosphate fertilizer from Morocco and asking it to suspend the investigation on urea ammonium nitrate solutions from Trinidad and Tobago.
The Ocean Shipping Reform Act is part of the House China package, and a Senate version is going to have a markup next week. House co-sponsor Dusty Johnson, R-S.D., said the bill's advocates need senators "to be able to punch this into the end zone."
Sen. Tom Cotton, R-Ark., reacting to a report in Inside U.S. Trade that the Office of the U.S. Trade Representative decided not to launch a new Section 301 investigation on China yet, sent a letter March 15 to USTR Katherine Tai asking whether the report is accurate and if so, why. A USTR spokesman didn't respond to a request for comment on the letter. Cotton wrote that the Chinese Communist Party "has shown nothing but malice towards this nation and should be shown no leniency in our response to its economic aggression. For this reason, I am deeply disappointed to learn that USTR is not pursuing an expansive set of Section 301 investigations into China’s anti-competitive and illegal trade practices."
Senate Homeland Security Committee Chairman Gary Peters, D-Mich., and Sen. John Cornyn, R-Texas, have reintroduced a bill, the Securing America’s Ports of Entry Act, that would hire at least 600 additional CBP officers a year until airports, seaports and land ports of entry are fully staffed.
Rep. Ken Buck, R-Colo., introduced a bill March 16 that would give CBP the authority to share information with rights holders when counterfeit goods are imported into the United States. A similar provision passed the Senate in its China package, known as the U.S. Innovation and Competition Act. USICA authorizes CBP to share information on suspected violations of intellectual property rights with “any other party with an interest in the merchandise.” Restrictions on sharing information about counterfeits with trademark holders have been a hurdle to stopping counterfeits, CBP has said (see 2104160033).
A bill that ends Russia's and Belarus's ability to export goods to the U.S. under the same tariff treatment as most of the rest of the world passed the House 424-8. Only Cuba and North Korea are subject to Column 2 tariffs; there is an embargo on imports from North Korea, and the U.S. imports almost nothing from Cuba. House Ways and Means Committee Chairman Richard Neal, D-Mass., said he intends to send this bill and the ban on oil, natural gas and coal imports from Russia, to the Senate at the same time.
Senators on the Finance Committee agreed that deepening trade ties with countries in Asia is important both for geopolitical and economic reasons, but they disagreed during a March 15 hearing on the Indo-Pacific Economic Framework about whether a traditional free-trade agreement is a better approach than the IPEF.