The Office of the U.S. Trade Representative acknowledged, “the imposition of tariffs on certain Chinese imports has resulted in an overall decline in the availability of needed medical equipment and supplies.”
The Trump administration notified Congress that it will begin bilateral trade agreement talks with the East African country.
“China has continued to embrace a state-led, mercantilist approach to the economy and trade, despite WTO members’ expectations,” the Office of the U.S. Trade Representative said in its annual report to Congress.
Airbus warned that tariff increase on European aircraft would result in “more instability for U.S. airlines that are already suffering from a shortage of aircraft.”
USTR’s Bilateral Evaluation and Dispute Resolution Office will ensure China commits to “Phase One” trade obligations and provide forum for settling disputes involving the bilateral trade pact.
The Office of the U.S. Trade Representative said the trade dispute settlement body has overstepped its function and makes “erroneous interpretations” of World Trade Organization agreements.
The East African country is “an important strategic partner of the United States, and there is enormous potential for us to deepen our economic and commercial ties,” U.S. Trade Representative Robert Lighthizer said.
President Trump tells the nation he kept his campaign promise to renegotiate the 26-year-old trilateral trade agreement with Canada and Mexico.
In return, the South American country wants the U.S. to recognize singani as its national alcoholic beverage in strengthening bilateral trade ties.
A dispute over France’s digital services tax has the Office of the U.S. Trade Representative considering up to 100% tariffs on French champagne and sparkling wine imports.
