Washington Trade Daily reports that the Organization for Economic Cooperation and Development (OECD) has recently decided to cancel the next round of technical level talks on steel subsidies and to delay a meeting of senior officials that had been scheduled for early May 2004. According to the article, a U.S. trade official stated that the multilateral talks on curbing government subsidies to the steel sectors and global overcapacity have hit a stalemate, and may need to be moved to another forum to find an agreement. (WTD dated 04/21/04, www.washingtontradedaily.com)
The Office of the U.S. Trade Representative (USTR) and the Commerce Department have both issued notices announcing the results of the April 21, 2004 meeting of the U.S.-China Joint Commission on Commerce and Trade (JCCT) meeting. Highlights of these results include (partial list):
Washington Trade Daily reports that Senate leaders have admitted that they had not made much progress over the Easter break to reduce the list of 80 amendments to the Extraterritorial Income Tax (ETI) repeal bill, which is needed in order to end escalating trade sanctions imposed by the European Union (EU) in March 2004 after the World Trade Organization (WTO) ruled that the tax break amounts to a prohibited export subsidy. (WTD dated 04/21/04, www.washingtontradedaily.com)
On March 4, 2004, the Senate passed its version of H.R. 1047, the "Miscellaneous Trade and Technical Corrections Act of 2003."
The Department of Homeland Security (DHS) has issued a press release announcing a contract with Northrop Grumman to design, implement and operate the Homeland Secure Data Network (HSDN). The HSDN will provide DHS officials with a modern IT infrastructure for securely communicating classified information. According to DHS, when completed, the HSDN will be a private, certified, and accredited network that will fully support the DHS' mission goals. (DHS press release dated 04/12/04, available at http://www.dhs.gov/dhspublic/display?content=3444)
According to The Journal of Commerce, the Natural Resources Defense Council (NRDC) released a report that sharply criticized the 10 largest U.S. seaports for their environmental records, indicating that lawsuits would follow if the ports don't clean up their act. (JoC March 29-April 4, 2002, www.joc.com )
The Office of the U.S. Trade Representative (USTR) has posted to its Web site the draft text of the U.S.-Central America Free Trade Agreement (CAFTA) with the Dominican Republic.
The Office of the U.S. Trade Representative (USTR) has issued a notice stating that the Generalized System of Preferences (GSP) Subcommittee of the Trade Policy Staff Committee (TPSC) is seeking public comments by May 12, 2004 on which products of Bangladesh should no longer be eligible for GSP duty-free treatment if the GSP Subcommittee decides to recommend limiting Bangladesh's GSP benefits.
U.S. Customs and Border Protection (CBP) has issued to the ports and posted to its Web site separate instructions regarding (1) the use of visas to make claims for duty-free treatment under the African Growth and Opportunity Act (AGOA) for qualifying textile and/or apparel articles (textile articles) from Sierra Leone that are entered, or withdrawn from warehouse, for consumption on or after April 5, 2004, and (2) quota reporting for certain apparel articles from Sierra Leone that are subject to the AGOA aggregate tariff preference level (TPL) and its sublimit.
The Office of the U.S. Trade Representative (USTR) has issued a press release announcing that a World Trade Organization (WTO) panel has agreed with the U.S. that Canada's grain distribution system is unfair and violates Canada's WTO obligations. The panel did, however, find against the U.S. with respect to its claims that certain practices of the Canadian Wheat Board (CWB) are unfair. (USTR Press Release 2004-28, dated 04/06/04, available at http://www.ustr.gov/releases/2004/04/04-28.pdf)