WASHINGTON—The Trump administration is considering changing the way it calculates U.S. trade deficits, a shift that would make the country’s trade gap appear larger than it had in past years, according to people involved in the discussions. [WILLIAM MAULDIN and DEVLIN BARRETT | February 19, 2017 |Wall Street Journal] The leading idea under consideration would exclude from U.S.…
A coalition of CEOs from U.S. industries particularly sensitive to foreign dumping is calling for increased enforcement of trade laws in order to restore the U.S. economy, and want Congress to make both statutory and practice changes to trade enforcement law. [Daily News| February 17, 2017 |Inside US Trade] The Committee to Support U.S. Trade…
Organic grain is flooding into the U.S., depressing prices and drawing complaints from domestic organic farmers who fear their harvests are held to stricter standards than foreign-raised crops. [Jacob Bunge | February 21, 2017 |Wall Street Journal] Turkey, for instance, vaulted ahead to become by far the biggest supplier of organic corn and soybeans to…
Three Democrats are calling on President Trump to support legislation that would direct the Commerce Department to treat currency manipulation as an export subsidy, allowing it to issue countervailing duties in trade remedy cases. [Daily News| February 17, 2017 |Inside US Trade] In a Feb. 17 letter, signed by former Ways & Means ranking Member Sandy…
