MEXICO CITY – Negotiators have made progress on automotive rules of origin, state-to-state dispute settlement and a review mechanism during the seventh round of North American Free Trade Agreement talks here, though the U.S. continues to refuse to back down from some of its more controversial proposals, according to sources familiar with the negotiations. [ Brett…
Last week President Trump announced new tariffs on steel and aluminum products, and the response couldn’t have been more negative — critics warned of trade wars, recession, global instability. But the blowback is overblown, and seems to constitute reflexive anti-Trump sentiment rather than careful economic reasoning. [Josh Bivens | March 5, 2018 | NY Times]…
Yesterday, President Donald Trump said that he has decided to impose tariffs of 25% on all steel imports and 10% on aluminum imports, promising to sign the measures next week. Trade remedies for steel and aluminum are long overdue. [Robert E. Scott | March 2, 2018 | Marketwatch] Trump promised quick action after announcing investigations of the national-security…
North American Free Trade Agreement negotiators did not make the progress that “many had hoped” would be made in the seventh round of talks, U.S. Trade Representative Robert Lighthizer said on Monday, warning that the three countries were running out of time. [ Dan Dupont | March 5, 2018 | Inside US Trade] Crediting negotiators for…
