The U.S. Customs and Border Protection (CBP) announced Thursday that it is modifying its processes regarding the Notice of Seizure and Intent to Forfeit for administrative forfeitures, with the goal …
A bipartisan group of House and Senate lawmaker introduced legislation yesterday to prevent geographical indications from being used as agricultural trade barriers by creating a list of common names. The bill would amend the Agriculture Trade Act of 1978 to include and define a list of common names for agricultural commodities, food products and terms used in marketing and packaging of products.
The time has come to “take off the golden blindfolds and open our eyes to the risks in China,” the head of the House Select Committee on the Chinese Communist Party declared at an evening hearing May 17. Committee Chairman Rep. Mike Gallagher (R-Wisc) said that while a total economic decoupling from China is not possible, his panel will come up with policy recommendations for a “strategic derisking.”
The U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) released a dashboard that demonstrates the scope of Black Sea grain and oilseed trade.Using pre-war data from FAS’s Production, Supply and Distribution database and Centre d'Etudes Prospectives et d'Informations Internationales, the dashboard demonstrates the impacts Black Sea trade disruption can have on food access in various countries.
In a flurry of activity by the recently established Disruptive Technology Strike Force, the Justice Department has publicized the indictment of individuals in five distinct cases, originating from five separate U.S. Attorney's offices. This marks the first enforcement actions taken by the Strike Force since its inception.
Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), seems to have given little attention to the unresolved significant issues pertinent to developing countries, particularly in the Doha work program, for the upcoming 13th ministerial conference, according to inside sources.
Amid significant opposition, World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala proposed an October meeting of senior officials instead of her earlier suggestion of July, according to our correspondent. "Following feedback from more than 100 delegations, I suggest we hold the Senior Officials Meeting in October," Okonjo-Iweala said at an informal Heads of Delegations gathering. The July 20 meeting of the Trade Negotiations Committee and heads of delegation will be rescheduled if members agree to the October meeting.
The United States, backed by the G7 and other international allies, is ramping up worldwide sanctions and restrictive economic measures to further hinder Russia's warfighting capabilities. Commerce, Treasury and the State Department issued separate and joint actions and rules reaching from icebreakers to rubber, with a primary focus on Russia's extractive and weaponry industries.
Commerce and the Justice Department announced actions against an enterprise to ship aircraft parts to sanctioned carriers in Russia. Assistant Secretary for Export Enforcement, Matthew S. …
World Trade Organization (WTO) members remain divided on the extension of intellectual property flexibility for COVID-19 diagnostics and therapeutics under paragraph eight of the MC12 TRIPS Agreement, reached on June 17 last year, and substantive progress on the moratorium on e-commerce duties continues to elude delegates.
A bipartisan group of House lawmakers have reintroduced legislation that would require the federal government to screen US outbound investments to countries like China and Russia. The National …
The third negotiation round of the Indo-Pacific Economic Framework (IPEF) began last week in Singapore. Participants aim to make significant progress throughout the year. Acting Assistant US Trade …
The World Trade Organization (WTO) General Council convened Monday to discuss various proposals for reforming the organization, a process met with mixed reviews due to the unconventional method …
The leaders of the House Foreign Affairs Committee introduced legislation Tuesday to impose sanctions on activities supporting Iran’s missile and drone program ahead of the October expiration of the United Nations missile ban on Iran.
The chairman of the powerful House Ways and Means Committee called yesterday for a “smart and strategic decoupling from China.” Rep. Jason Smith (R-Mo) opened a committee field hearing in Staten Island with a warning about China’s continued presence in US supply chains, saying that Beijing’s behavior poses a threat to the US economy.
Sens. John Thune (R-SD) and Angus King (I-Maine) are calling on the World Trade Organization so that China is no longer able to designate itself as a developing country, which allows it to receive the same benefits as much poorer nations.
The US Export-Import Bank’s Board of Directors voted yesterday to approve two transactions totaling nearly $600 million in the transportation and energy sectors, subsidizing supplier finance for the Boeing Company and a controls upgrade at an Indonesian oil refinery.
The Commerce Department’s Global Markets unit has failed to develop a comprehensive workforce plan that would help it focus export promotion priorities across its domestic and overseas workforce, according to a new report from the Government Accountability Office. The report, Export Promotion: Commerce Should Improve Workforce Planning and Management of Its Global Markets Unit, released yesterday also notes that vacancies in the human capital office have prevented some foreign service officers from doing their jobs effectively.
Reps. Anna Eshoo (D-Calif) and Blake Moore (R-Utah) are introducing bipartisan legislation designed to bring printed circuit board production back to the United States and strengthen supply chain security with manufacturing subsidies and tax credits for buyers of American-made product.
The Administration, Congress and the US business community remain sharply focused on China, as Beijing takes the first tentative steps towards reopening dialogue with Washington.
