The government of Canada issued the following trade-related notices as of Oct. 4 (note that some may also be given separate headlines):
Exports to China
The U.S. government lacks technical knowledge and a single, leading voice in its approach to technology competition with China, said Adam Segal, the emerging technologies chair at the Council on Foreign Relations. Segal, speaking during an Oct. 4 Brookings Institution panel about the U.S.-China technology relationship, said U.S. industries are concerned that technology policies, such as certain export controls, are being made without a full understanding of their impacts.
Brazil added another 147 items to its list of foreign capital, information technology and telecommunications goods exempt from import tariffs under its Ex-Tarifario regime, according to an Oct. 3 report from the Hong Kong Trade Development Council. Tariffs will be reduced to zero, from 16 percent or 14 percent, the report said, and many of the additional goods “could potentially be imported” from China and Hong Kong. The additions include 136 capital goods and 11 IT and telecom goods and will be exempt from tariffs through Dec. 31, 2021, the HKTDC said. Brazil added 281 products to its Ex-Tarifario regime in August (see 1908120042).
Uncertainty over trade policy and African swine fever continue to overtake agricultural markets, causing “volatility across the industry,” CoBank said in its quarterly U.S. rural economic review, released this month. But there were two bright spots for U.S. exporters, CoBank said: the renewed Chinese purchases of U.S. agricultural products and the initial trade agreement between the U.S. and Japan, which will allow the U.S. ag industry to regain competitiveness in a “key export destination.”
U.S. sanctions on two large shipping companies last month disrupted the tanker market, forcing oil traders to cancel bookings and causing rates to spike as they searched for other ships, according to a September post from Clyde & Co.
Recent editions of Mexico's Diario Oficial list trade-related notices as follows:
Many things about the U.S.-China trade war have not turned out as experts expected, panelists said at the Washington International Trade Association Oct. 2. Chad Bown, a trade economist at the Peterson Institute for International Economics and former White House economist, said that 18 months ago, people would have not expected there to be 15 percent to 30 percent tariffs on more than half of Chinese imports, with nearly all the rest slated for tariffs by December, and yet, the economy is doing OK. "Markets haven't panicked," he said. But Bown said he's not that surprised that the country hasn't seen a massive effect from the trade war, since the tariffs in place the longest were on inputs, and because, compared to the size of the entire economy, "we don't actually trade all that much."
The government of Canada issued the following trade-related notices as of Oct. 2 (note that some may also be given separate headlines):
U.S. companies and trade associations criticized China’s high import tariffs, inconsistent import clearance procedures and restrictive sanitary requirements in comments to the Office of the U.S. Trade Representative ahead of an Oct. 2 hearing on China’s commitment to World Trade Organization obligations.
In the Oct. 2 edition of the Official Journal of the European Union the following trade-related notices were posted: