Trade and Manufacturing Monitor
China and the United States Inch Closer Towards Trade Deal – Tariff Reductions May Follow
China and the United States continue to move towards finalizing a “phase one” trade deal. Speaking to the Economic Club of New York, President Trump stated that the United States is “close” to a deal and that it “could…
WTO Authorizes China to Impose $3.6 Billion in Trade Sanctions Against the U.S.
On November 1, 2019, the World Trade Organization (WTO) authorized China to suspend $3.579 billion in trade concessions to the United States, roughly half the $7 billion amount China had requested. The Arbitrator’s…
Transatlantic Trade Sensitivities Come to the Fore with Regulatory Divergence on Pesticides
More than a quarter of pesticides used by U.S. farmers are banned in the European Union. Atrazine which the U.S. Environmental Protection Agency estimates to be the most widely used herbicide in the U.S., for instance,…
WTO Determines Indian Export Subsidies Are Prohibited, Must Be Withdrawn Within Six Months
On October 31, 2019, the World Trade Organization (WTO) ruled in favor of the United States in determining that Government of India provides prohibited export subsidies to Indian producers and exporters. The WTO…
President Trump Suspends Preferential Trade Treatment for Thailand
On Friday, October 25 th, the Office of the U.S. Trade Representative (USTR) announced that the United States will be suspending certain benefits for imports from Thailand under the United States’ Generalized System…