Women who advocate for businesses in the EU and in the U.S. complained that while the U.S.-EU Trade and Technology Council is better than nothing, it has neglected the "trade" part of its title.
The Senate voted 87-11 to approve a laddered temporary spending bill that will continue government appropriations at last fiscal year's level through Jan. 19 for some agencies and through Feb. 2 for others.
The U.S. Chamber of Commerce and BusinessEurope issued a joint statement ahead of European Commission President Ursula von der Leyen's visit with President Joe Biden, asking them to "definitively reject protectionism," which the groups said is on the rise, due to "misinformed narratives about industrial decline." She will be in Washington Oct. 20.
If the Treasury Department doesn't clarify the due-diligence steps that will be required of dealmakers under the agency’s upcoming outbound investment prohibitions, the Biden administration risks chilling a broad range of U.S ventures in China and incentivizing foreign companies to seek funds elsewhere, law firms and industry associations said in comments to the agency.
India's Directorate-General of Foreign Trade on Sept. 20 delisted 29 chambers of commerce or agencies from the list of agencies allowed to issue certificates of origin for failing to comply with the directive to onboard the DGFT's e-country of origin platform. The certificates of origin issued by these agencies were nonpreferential.
A recently issued paper from the International Chamber of Commerce highlights the “great challenge” facing financial institutions in providing trade finance to businesses, especially those involved in dual-use goods, Stephenson Harwood said in an Aug. 29 client alert.
The U.S. Chamber of Commerce's senior vice president for international policy said that when the trade ministers for the G-20 nations meet in India later this week, they should pledge not to hike tariffs, impose new export restraints or add digital trade barriers.
Lawmakers, business groups and think tanks gave a mixed bag of immediate feedback on the Biden administration’s executive order restricting outbound investments in China, with some applauding the government’s initial, cautious approach, and others expressing frustration that the restrictions don’t go far enough.
Sixteen trade groups, including the U.S. Chamber of Commerce, the National Association of Manufacturers, PhRMA and BIO, asked U.S. Trade Representative Katherine Tai to press Mexico to comply with its USMCA commitments during her trip to Mexico for the Free Trade Commission meeting.
Trade groups representing major exporters -- including the American Chemistry Council, the National Association of Manufacturers, the U.S. Chamber of Commerce and agricultural interests -- are telling the Biden administration that they are disappointed that regulatory barriers to trade are not being addressed in the Indo-Pacific Economic Framework.