Following the G20: Trade as a (re)work in progress

Call it international trade’s (re)work in progress, following the G20 meeting, which produced: [Daily News| July 11, 2017 |Inside US Trade] A united front on overcapacity issues, with an emphasis on steel – and some target deadlines for OECD recommendations on “concrete policy solutions that reduce steel excess capacity.” A flurry of comments from President Trump,…

Details

Media Coverage: Support for Amending US-Korea Trade Deal Interest Group Claims US Performed Better Without It

Originally appears on Global Trade Magazine The Trump administration has made public its intent to seek amendments to the Korea-US Free Trade Agreement. The administration has said that USTR will request a special session under Article 22.2 of the agreement, which will start a 30-day clock requiring both countries’ officials to meet and discuss amendments. In…

Details

Sources: Language on WTO, ‘reciprocal’ trade causes roadblocks in negotiations for G20 communiqué

HAMBURG — Negotiations for a joint statement on trade at the G20 leaders summit are running into similar roadblocks to previous negotiations for communiqués under the Trump presidency, including wording on protectionism and “reciprocal” trade — which the U.S. administration has pushed for in every joint statement with foreign leaders — and whether the World…

Details

U.S. Job Growth Picks Up the Pace, but Wages Lag Behind

Automobile sales may be slowing, e-commerce is putting the squeeze on bricks-and-mortar stores, and overall economic growth is limp. But the labor market has nevertheless managed to charge ahead. [PATRICIA COHEN| July 7, 2017 |The New York Times] Employers added an impressive 222,000 jobs in June, the government reported on Friday. Although the jobless rate ticked up slightly to 4.4…

Details