The USTR plan for renegotiating NAFTA is largely about bringing it in line with trade policies developed since 1994. What’s really new: The U.S. states its goal is to reduce the U.S. trade deficit. Talks are set to open August 16. The first round of talks to revise...
US-India Trade Relations: “Forward Together”
Earlier today, US Trade Representative Michael Froman surveyed recent progress toward liberalizing trade achieved by India and the US in a speech to the Federation of Indian Chambers of Commerce and Industry. Froman is in New Delhi to co-chair with India’s Trade...
Brazilian Spirit
Cachaça is in a class by itself, USTR says (and, please, don’t call it rum) UK distiller Diageo is set to pay $450 million to Ypióca Agroindustrial Limitada to acquire the leading premium cachaça brand, Ypióca, the Financial Times reports. The acquisition, Diageo...
Above the Limit
USTR releases list of imports that may lose duty-free status Last week, the US Trade Representative (USTR) released 2011 data through September that indicates trade in certain imported articles from several countries may exceed Competitive Need Limitations (CNL)...
Chile Lets in US Beef
US Trade Rep reports success in lowering trade barriers Just in time for the second annual issue of the US Trade Representative’s reports on efforts to lower barriers to US exports, Chile agreed to end its ban on US beef and beef products, imposed in 2003 after a US...
Bands of Gold …
… already tie U.S. & India as they sign trade framework U.S. Trade Representative Ron Kirk and Indian Minister of Commerce and Industry Anand Sharma signed a “Framework for Cooperation on Trade and Investment” March 17, and followed up by launching the...