USDA is increasing the FY 2024 tariff rate quota for raw cane sugar by 125,000 metric tons raw value, it said in a notice released March 6. The increase brings the total FY 2024 TRQ, originally set at the 1,117,195 MTRV minimum mandated by the World Trade Organization, to 1,242,195 MTRV, USDA said. The Office of the U.S. Trade Representative will allocate the increase among supplying countries and customs areas. Raw cane sugar under this quota must be accompanied by a certificate for quota eligibility.
A bipartisan bill has been introduced that would set country-by-country de minimis levels, instruct the administration to reconsider U.S. tariffs "with the focus on the principle of reciprocity" for most favored nation rates, and open a dialogue with Mexico and Canada on allowing Costa Rica and Uruguay to join USMCA.
World Trade Organization members at the body's 13th Ministerial Conference decided to extend the moratorium on e-commerce duties until MC14 or March 31, 2026, whichever comes first, the WTO announced at the conclusion of the ministerial. They also agreed to conduct "period reviews on the E-commerce Work Programme" with the goal of "presenting recommendations for action to the Ministerial Conference."
House Republican conservatives want to end Permanent Normal Trade Relations with China and have introduced a bill that urges the U.S. trade representative to negotiate free trade agreements with Taiwan, the Philippines, Indonesia, Thailand, Malaysia, New Zealand, and the U.K. so that importers can have alternatives to Chinese suppliers at a lower cost.
Allowing large numbers of electric vehicles from Chinese companies assembled in Mexico would be an "extinction event," warned the Alliance for American Manufacturing, a nonprofit co-founded by large domestic manufacturers and the United Steelworkers union.
A group of 12 members of the House Ways and Means Committee has urged the Biden administration to investigate allegations that at least six Chinese fishing companies that supply U.S. markets employ Uyghur forced labor.
The Commerce Department will consider whether to grant Armenia market economy status for antidumping duty purposes, it said in a notice released Feb. 12 beginning a changed circumstances review.
U.S. priorities during the World Trade Organization's upcoming 13th Ministerial Conference should center on extending the moratorium on e-commerce duties and advancing the second wave of talks on curbing harmful fisheries subsidies, witnesses said at a Feb. 7 hearing of the House Ways and Means Subcommittee on Trade.
Japan, which suffered economic coercion from China earlier than any other country, is largely on the same page as the U.S. when it comes to supply chain resilience and restrictions on exports, but the two diverge in their attitudes about China's role in the global economy.
After members of Congress were blindsided by the Office of the U.S. Trade Representative backing away from digital trade advocacy, they are taking no chances in spelling out their desire that the agency push for a continued moratorium on tariffs on digital goods. The World Trade Organization has renewed that moratorium since 1998, but some member countries want to start collecting duties on the sale of streaming movies, software as a service, and more.