Also banning imports of Russian goods. President Biden announced Friday that the U.S., European Union and G7 countries are moving to revoke Russia’s “most favored nation” trade status…
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Congress Considering Russian Oil Import Ban
Speaker Pelosi said the move would isolate Russia from global economy. Speaker of the House of Representatives Nancy Pelosi said that the chamber is “exploring” legislation that would…
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Trade Representative Publishes Reports of Chinese Noncompliance
WTO agreement for mutual global trade has been ignored. The office of the U.S. Trade Representative published its annual report on China’s compliance with the World Trade Organization’s…
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White House Announces Second U.S.- Africa Summit
First summit was held in 2014. The White House announced this past week that President Joe Biden will host the second U.S.-Africa leaders summit in 2022. The first…
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China Tariffs to Remain in Place
Trade representative looking to open new talks. U.S. Trade Representative Katherine Tai set out the trade approach of President Biden’s administration to the world’s second-largest economy in a…
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Senate Passes China Trade Bill
Bipartisan bill seeks to tackle anti-competitive behavior from China. On Tuesday, the Senate passed a new round of legislation aimed at fighting what it views as anti-competitive trade…
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Container Ship Freed from Suez Canal
Global shipping no longer at a standstill After several days of the Suez Canal being completely blocked, workers were able to dislodge one of the world’s largest vessels…
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Tariffs on China to Remain for Now
An abrupt lift could harm American business. U.S. Trade Representative Katherine Tai said the U.S. will maintain the previous administration’s tariffs on Chinese imports in the near term.…
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U.S. Trade Representative Confirmed by Senate
First nominee of new administration to receive unanimous vote. This week, the U.S. Senate voted 98-0 to confirm President Biden’s nominee for United States Trade Representative. Katherine Tai’s…
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President to Meet With Canada’s Prime Minister
They will focus primarily on the shared goal of ending the COVID-19 pandemic White House Press Secretary Jen Psaki announced on Saturday that President Joe Biden will be…
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