Find out what the latest trade developments are from - U.S. and Mexico's resolution of GM worker dispute under USMCA to - Commerce ordering antidumping duties on Chinese chassis , we've detailed these and much more for you here.
Trade ministers from the three countries gathered in Washington, D.C. this week to commemorate the one-year anniversary of the United States-Mexico-Canada Agreement’s coming into effect and to discuss its “achievements, challenges, and potential.”
Adding to the list of cross-border tensions, the first-ever trade enforcement action under USMCA escalated to a new level on Tuesday with the filing of a request by the USTR for a Dispute Settlement Panel over claims that Ottawa is still unfairly blocking U.S. producers from accessing the Canadian dairy market.
Importer of Canadian softwood lumber? A big hit is potentially on its way with a proposed increase to countervailing and antidumping rates currently levied against four of Canada’s top producers, in addition to more than doubling the combined “All Others” rate to a whopping 18.32%. Find out all the details and impacts of this potential action.
Find out more about the issues discussed at this week’s inaugural meeting of the Free Trade Commission established by the USMCA in which top trade officials from Canada, Mexico, and the U.S. reviewed the assessments of various committees charged with overseeing implementation of the trade pact and affirmed their commitment to enforcing its provisions in a range of critical areas.
During a Senate hearing Wednesday, USTR Katherine Tai lamented what she said has become a now-familiar pattern in recent years of trade disputes devolving into “fights over the last scraps of an industry that we have lost to a competitor and in particular to the Chinese.”