Archive for the ‘United States’ Category

The European Commission is actively pursuing an agreement with the United States regarding steel and aluminum trade, with the goal of ending U.S. import tariffs on these metals by the close of the year. Commission Vice President Vera Jourova made this announcement, underscoring the European Union’s determination to find a resolution.   Negotiations between U.S. […]

A bipartisan group of U.S. lawmakers is urging the Biden administration to raise tariffs on Chinese-made vehicles and explore measures to prevent Chinese firms from exporting vehicles to the United States through Mexico. In a letter addressed to U.S. Trade Representative Katherine Tai, Representative Mike Gallagher, a Republican who chairs a select committee on China, […]

In a bold move to attract foreign investment and defy long-standing U.S. sanctions, Cuba recently hosted a business fair that saw participation from over 800 companies representing more than 60 countries. This event signals Cuba’s determination to engage with the global business community and counteract the economic challenges posed by the U.S. trade embargo and […]

In an effort to strengthen economic ties between the United States and China, U.S. Treasury Secretary Janet Yellen is scheduled to meet with Chinese Vice Premier He Lifeng in San Francisco this week. This meeting aims to foster a budding economic dialogue between the world’s two largest economies in anticipation of a U.S.-hosted summit of […]

In a bipartisan effort to support trade relations between the United States and Africa, Democratic Senator Chris Coons has called for a 16-year extension of a trade program that grants qualifying African nations duty-free access to the U.S. market. Senator Coons, a prominent advocate for U.S.-Africa policy, believes that extending the program is vital for […]

  U.S. Trade Representative Katherine Tai emphasized the need for a “more useful and effective” trade programme with Africa during talks in South Africa over the future of the African Growth and Opportunity Act (AGOA). AGOA, which grants qualifying African countries duty-free access to the U.S. market, is set to expire in September 2025, with […]

Geopolitics, News, United States

November 2, 2023

  In a strategic move, the Biden administration has scheduled the seventh negotiating round for its Indo-Pacific Economic Framework (IPEF) arrangements in San Francisco, just days before a crucial summit of Pacific Rim leaders. The U.S. Trade Representative’s office announced these talks, which will take place from November 5th to 12th, with the objective of […]

In a bid to strengthen agricultural trade ties, a group of U.S. agriculture industry representatives convened in Beijing, marking a significant development amidst ongoing political tensions between the United States and China. This delegation comprises 11 prominent organizations, including the U.S. Soybean Export Council, U.S. Grains Council, and U.S. Wheat Associates. Their visit follows closely […]

U.S. Secretary of State Antony Blinken has highlighted the Biden administration’s intention to not only renew but also improve the African Growth and Opportunity Act (AGOA), a pivotal trade program with Africa. AGOA, initially launched in 2000, offers qualifying African countries duty-free access to the U.S. market, the largest consumer market globally. With its expiration […]

A delegation of U.S. agricultural industry leaders convened in Beijing to engage with their Chinese counterparts, underscoring the importance of agricultural trade between the two nations despite ongoing political tensions. The gathering included representatives from 11 organizations, including the U.S. Soybean Export Council, U.S. Grains Council, and U.S. Wheat Associates, who met in the wake […]

  Three-day event set for November 6-8 at the Omni Providence   PROVIDENCE, R.I. – Rhode Island Commerce, in partnership with the International Trade Council, is set to welcome hundreds of business and economic development leaders from around the world at next week’s 2023 Go Global Awards.   Scheduled for Monday, November 6 – Wednesday, November 8, […]

China, Japan, News, United States

October 30, 2023

In a response to China’s ban on Japanese seafood products following Tokyo’s release of treated water from the Fukushima nuclear plant into the sea, the United States has initiated purchases of Japanese seafood to supply its military stationed in Japan. U.S. Ambassador to Japan Rahm Emanuel unveiled this initiative in a Reuters interview, suggesting that […]

Ireland, News, Trade Policy, United States

October 26, 2023

A U.S. business delegation, dispatched to Northern Ireland by President Joe Biden, has embarked on a mission to uncover the economic potential brought about by the region’s unique post-Brexit trade arrangements. These arrangements, established under the Windsor Framework Agreement, grant Northern Ireland dual access to both the United Kingdom and the European Union goods markets. […]

In a recent development, the U.S. International Trade Commission (ITC) has taken a step that could potentially result in a ban on the import of Apple Watches, as it found that these devices infringe on the patent rights of medical technology firm Masimo. This decision stems from an earlier ruling in January where a judge […]