Even as the U.S. Chamber of Commerce gives a nudge to House members by advertising for the U.S.-Mexico-Canada Agreement in 12 districts, a top official is expressing confidence that the negotiations are on track. Neil Bradley, the chief policy officer, told reporters Oct. 1, "Our conversations with Democrats and Republicans lead us to believe we are close." He added, "We’ve kind of set a deadline we believe that USMCA should be passed before Thanksgiving. We picked that based off where we thought the progress was in the negotiations."

The Japan-South Korea dispute is unlikely to be resolved soon, and some blame should be placed on the U.S., trade experts said during a Center for Strategic and International Studies event on Sept. 30. While former U.S. ambassador to South Korea Kathleen Stephens said the Trump administration's use of export controls to address trade issues might have encouraged Japan and South Korea to take similar steps, former National Security Council staff member Michael Green said U.S. inaction is partly responsible for the escalating tensions.

U.S. exporters say they are increasingly losing market share in China to European and Japanese companies as the trade war drags on, panelists said during a discussion at a Center for Strategic and International Studies event on Sept. 25. Some U.S. companies are also losing out on Chinese license approvals as foreign competitors get to skip the line, one trade lawyer said.

While U.S. authorities have not released any details on U.S. tariff reductions for Japanese imports, even to stakeholders, a press release from Japan's Economy, Ministry and Industry describes the reductions, which will add up to tens of millions of dollars annually.

The U.S. and Japan signed a deal to open Japanese market access to more than $7 billion worth of U.S. agricultural exports, the White House said Sept. 25. The deal -- announced after President Donald Trump and Japan's Prime Minister Shinzo Abe met at the United Nations General Assembly in New York -- is an initial agreement as the two sides continue negotiating a comprehensive trade deal “in the months ahead,” the White House said.

The recently released 2020 incoterms rules (see 1909100056) are easier to use and understand compared to previous versions, one of several significant changes to the International Chamber of Commerce’s latest revisions, said Frank Reynolds, the U.S. delegate for the ICC’s 2020 drafting group. The ICC said the new incoterms edition is “more accessible” and includes “more detailed explanatory notes with enhanced graphics” to clarify the responsibilities of exporters and importers. It also includes an “extensive introduction … that anybody can understand,” Reynolds said in an interview.

The International Chamber of Commerce is urging the World Trade Organization to permanently ban tariffs on “cross-border data flows” as a temporary ban moves closer to expiration, the ICC said in a Sept. 17 report.

U.S. Chamber of Commerce CEO Tom Donohue said he doesn't believe that the Trump administration will declare victory if Chinese buyers return to buying pork, soybeans and corn. "I don't think it will be an agreement of any type until it's a matter of substance," he said.

The U.S. Chamber of Commerce led a letter to U.S. Trade Representative Robert Lighthizer expressing fear that the mini deal nearing completion with Japan will stall momentum for a broader trade negotiation. "We respectfully urge the Administration to hold fast to its commitment to achieve a comprehensive, high-standard trade agreement with Japan and ensure this initial package does not impede momentum toward such a broader accord." The Chamber and 13 trade groups said a comprehensive trade deal should address services, including express delivery, customs administration and trade facilitation, regulatory cooperation, intellectual property and more.

The International Chamber of Commerce released its 2020 incoterms on Sept. 10, saying the newest version is easier to use and includes “explanatory notes with enhanced graphics to illustrate the responsibilities of importers and exporters." The new incoterms also include a more detailed explanation for traders on how to choose the right incoterms for their transactions or “how a sales contract interacts with ancillary contracts," the ICC said.