Trade union needs comprehensive reform to implement FTAs, ILO Conventions: PM

Prime Minister says the implementation of international labour-related commitments in the new generation of free trade agreements and Conventions of the International Labour Organizations (ILO) requires Viet Nam’s trade union to undertake a comprehensive reform. Read more

U.S. removed tariffs on steel and aluminum for Canada, Mexico, to finalize USMCA

The Trump administration has reached a deal to lift tariffs on steel and aluminum imports from Canada and Mexico, in a move that could put the three nations a step closer to ratifying the USMCA trade deal that would replace NAFTA.  Presidential proclamations were issued May 20, 2019 to remove the tariffs on aluminum,… and steel

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Democrats Try to Smooth USMCA Passage With Labor Proposal

Two top Senate Democrats, including longtime free-trade foe Sherrod Brown, are crafting a labor enforcement proposal that could help ease the way for passage of President Donald Trump’s new North American trade agreement Read more

“If steel and aluminum tariffs on Mexico, Canada aren’t lifted, USMCA is dead,” Senator Chuck Grassley, Chairman, Finance Committee

“As chairman of the Finance Committee, I’m leading the Senate effort . I’ve been involved in the passage of every U.S. free-trade agreement, and it’s never easy. Reorganizing a massive economic relationship affects many constituencies, and that’s inevitably complicated. Read more

CP Foods taps into Vietnam’s TPP access to drive poultry exports

BANGKOK — Thailand’s Charoen Pokphand Foods is boosting investment into Vietnam, marking one of the first big moves to piggyback on Vietnamese access to Trans-Pacific Partnership countries since the pact took effect at the turn of the year. Read more

Like Toyota, Nissan to expand U.S. production to avoid North American tariffs under USMCA

TOKYO — Nissan Motor will start producing engines for a luxury crossover SUV in the U.S. to avoid tariffs under a reworked North American trade agreement (USCMA)  that requires 75% of a car’s parts to be locally sourced Read more

U.S.-Japan trade talks delayed by push for China deal

Agricultural products, including dairy, are expected to be one of the main topics in a Japan-U.S. bilateral trade agreement.

TOKYO — Japan and the U.S. are struggling to lay out a timeline for negotiations toward a bilateral trade agreement as Washington focuses its energies on securing a deal with Beijing. The first meeting will likely not come until at least early May Read more

U.S. Trade Policy Agenda in 2019 – USMCA and China

The USTR Annual Report says a successful 2019 will involve getting USMCA approved by Congress and reaching a deal with China that satisfies U.S. complaints. Japan, the EU, and UK are next in line. Read more

Trump opens door to TPP return

DAVOS, Switzerland — U.S. President Donald Trump on Thursday said he would rejoin the Trans-Pacific Partnership trade deal, which he decided to exit back in January 2017, if “we made a much better deal than we had.”

The 11 remaining TPP members just Tuesday set a date for signing a revised version of the deal. Trump had previously refused to rejoin the trade pact despite repeated calls by Japanese Prime Minister Shinzo Abe, choosing instead to focus on bilateral agreements. But he appears to have changed tack amid pressure from U.S. business leaders. Read more