Canada's trade minister, Mary Ng, announced that Canada will launch a USMCA dispute with the U.S. over the continued antidumping and countervailing duties on some Canadian softwood lumber exports.
Angela Ellard, a deputy director-general of the World Trade Organization, called on WTO member governments to deposit instruments of acceptance with the multilateral trade organization to help the recently negotiated fishery subsidies agreement enter into force. Speaking at a virtual Washington International Trade Association event July 28, Ellard laid out the path ahead for the full adoption of the fisheries agreement while reflecting on steps the WTO looks to take on helping countries fully implement the obligations tied into the agreement. The DDG also spoke of a fund provided for in the agreement which will help less developed countries with the notification and transparency elements of the deal.
A World Trade Organization arbitrator determined the methodology Canada can use to set the level of retaliatory measures it can impose on goods imported from the U.S. if the U.S. applies countervailing duties on Canadian goods based on a measure found to be inconsistent with WTO rules. In the July 13 decision, the arbitrator said Canada would set the appropriate level of nullification or impairment in the future "based on the four-variety Armington model," which was recommended by the U.S. and can quantify the trade decline experienced by Canada through a particular use of the U.S.'s adverse facts available measures in CVD proceedings.
Republicans who are in the China package negotiations say that Senate Minority Leader Mitch McConnell's tweet that said that moving even a smaller Build Back Better bill would halt negotiations was not an empty threat. He had said that while Congress was away from Washington, at the beginning of the month (see 2207010039).
The World Trade Organization published the agenda for the July 21 meeting of the Dispute Settlement Body, which includes U.S. status reports on the implementation of recommendations adopted by the DSB on antidumping measures on certain hot-rolled steel products from Japan; antidumping and countervailing measures on large residential washers from South Korea; certain methodologies and their application to antidumping proceedings involving China; and Section 110(5) of the U.S. Copyright Act. A status report also is expected from Indonesia on measures relating to the import of horticultural products, animals and animal products, and from the EU on measures affecting the approval and marketing of biotech products.
Brazil, Argentina and Canada recently announced antidumping duty actions and decisions on certain products from mainland China, the Hong Kong Trade Development Council reported July 6.
Five Republican senators, only one of whom voted for the U.S. Innovation and Competition Act (USICA), are asking that Senate conferees drop the directive to reopen a Section 301 exclusion process, and add a number of trade provisions only found in the House China package. Some House proposals that Sen. Mike Braun, R-Ind., Sen. Dan Sullivan, R-Ala., Sen. Kevin Cramer, R-N.D., and Florida's two senators, Rick Scott and Marco Rubio, both Republicans, want to include:
As senators who support subsidies to build semiconductor chips in the U.S. continue to say the trade title differences are holding up the bill, and that it should drop out, House negotiators say it's not time to give up yet.
The U.K. suspended the collection of antidumping duties on electric bicycles from China made by certain companies, the Department for International Trade announced June 23. Duties will no longer be collected for Jinhua Otmar Technology and Jinhua Seno Technology, the DIT said. The suspension applies to goods imported under commodity codes 87 11 60 10 00 and 87 11 60 90 10.
The World Trade Organization published the agenda for the June 30 meeting of the Dispute Settlement Body, which includes U.S. status reports on the implementation of recommendations adopted by the DSB on antidumping measures on certain hot-rolled steel products from Japan; antidumping and countervailing measures on large residential washers from South Korea; certain methodologies and their application to antidumping proceedings involving China; and Section 110(5) of the U.S. Copyright Act. A status report is also expected from Indonesia on measures relating to the import of horticultural products, animals and animal products, and from the EU on measures affecting the approval and marketing of biotech products.