Trade Policy statements

Ship carrying cargo containers with city skyline in background (AP Images)
Ship carrying cargo containers with city skyline in background (AP Images)

Key Documents on U.S. policy on Trade

On the Transatlantic Trade and Investment Partnership (TTIP):

Latest U.S. Policy News on Trade

August 02, 2019
Remarks by President Trump at Signing of a U.S.-EU Trade Agreement (whitehouse.gov)
“Today, we’re signing a breakthrough agreement that will make it easier to export American beef into the European Union. We’ve been under negotiation for quite a while. And our beef farmers, we didn’t think were being treated fair, but the European Union stepped up and we appreciate it. And we have great representatives here with us today.”

July 11, 2019
2019 Investment Climate Statements Released
Investment Climate Statements help U.S. companies make informed business decisions by providing the latest assessment of conditions in foreign markets on openness to foreign investment, legal regimes and transparency, industrial policies, protection of real and intellectual property rights, state-owned enterprises, responsible business conduct, corruption, and political and security environments.

June 13, 2019
By diversifying fuel types, countries build security
How does a nation safeguard its energy security? Diversify. If a single energy source fails, the lights won’t go out as long as there are multiple sources to count o

May 20, 2019
Department of Commerce Issues Limited Exemptions on Huawei Products (Commerce.Gov)
Today, the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce announced that it would issue a Temporary General License (TGL) amending the Export Administration Regulations (EAR) to authorize specific, limited engagement in transactions involving the export, reexport, and transfer of items – subject to the EAR – to Huawei Technologies Co. Ltd. and its sixty-eight non-U.S. affiliates, which were added to the Bureau’s Entity List on May 16, 2019. This license will be effective on May 20, 2019 and lasts 90 days.

December 17, 2018
Statement of the United States by Ambassador Dennis Shea at the 14th WTO Trade Policy Review of the United States of America (USTR.gov)

September 11, 2018
U.S. and UK ‘reaffirm shared ambition to boost trade relationship’ (gov.uk)
Statement from UK Trade Policy Minister George Hollingbery and Deputy US Trade Representative Jeffrey Gerrish following meeting in London.
Deputy U.S. Trade Representative Jeffrey Gerrish said:   “It was a pleasure meeting with Minister George Hollingbery today at the UK’s Department for International Trade. We had a productive meeting, discussing a range of U.S.-UK trade issues.
“The U.S.-UK trade and investment relationship is already substantial. We have two-way trade in goods and services of over $230 billion annually, with each of us being the other’s largest single supplier of services and a top supplier of goods. We are also both each other’s largest source of foreign investment with nearly $1.3 trillion invested in each other’s economies.
“Of course, we hope to further deepen and expand this beneficial relationship – both now and following Brexit.”

August 23, 2018
What is blockchain and why should workers care? (ShareAmerica)
Coca-Cola wants to get a better look at sugar. In 2016, a labor rights group called Know The Chain released a report on the “Big 10” food and beverage companies, of which Coca-Cola is among the biggest. It found that none met international labor standards in their supply chains, and sugarcane was one of the worst-regulated commodities measured.
In response, Coca-Cola has partnered with the U.S. Department of State to test blockchain technology on its sugarcane supply chain to improve supplier transparency and accountability.

July 25, 2018
Remarks by President Trump and President Juncker of the European Commission in Joint Press Statements
“The United States and the European Union together count for more than 830 million citizens and more than 50 percent of the global GDP. In other words, together, we’re more than 50 percent of trade. If we team up, we can make our planet a better, more secure, and more prosperous place.
Already today, the United States and the European Union have a $1 trillion bilateral trade relationship — the largest economic relationship anywhere in the world. We want to further strengthen this trade relationship to the benefit of all American and European citizens.
This is why we agreed today, first of all, to work together toward zero tariffs, zero non-tariff barriers, and zero subsidies on non-auto industrial goods”.

June 27, 2018
Statement from the President Regarding Investment Restrictions (whitehouse.gov)
“To further ensure a robust defense of American technology and intellectual property, I have also directed the Secretary of Commerce to lead an examination of issues related to the transfer and export of critical technologies. Through this review, we will assess our Nation’s export controls and make any modifications that may be needed to strengthen them to defend our national security and technological leadership. Additionally, I have directed the Secretary of State, the Secretary of the Treasury, the Secretary of Defense, and the United States Trade Representative to engage with our allies and partners to support their efforts to combat harmful technology transfer and intellectual property theft.”

June 25, 2018
Donald Trump Will Protect American Farmers from China’s Trade Retaliation (Whitehouse.gov)
To stop China’s predatory attacks on America’s innovation base, President Trump is instituting a program of tariffs and is considering investment restrictions and strengthened export controls. These tariffs will help pressure the Chinese to stop engaging in unfair practices and fully open up its markets to U.S. products, including U.S. technologies. The correct response from China would be to stop stealing from Americans and give American products a level playing field to compete in China, not to retaliate and reinforce its own position.

June 18, 2018
Statement from the President Regarding Trade with China (Whitehouse.gov)
“On Friday, I announced plans for tariffs on $50 billion worth of imports from China. These tariffs are being imposed to encourage China to change the unfair practices identified in the Section 301 action with respect to technology and innovation. They also serve as an initial step toward bringing balance to our trade relationship with China.
However and unfortunately, China has determined that it will raise tariffs on $50 billion worth of United States exports. China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property and technology. Rather than altering those practices, it is now threatening United States companies, workers, and farmers who have done nothing wrong.”

March 22, 2018
President Donald J. Trump is Standing Up for American Innovation (Whitehouse.gov)
President Trump is taking action to address Chinese policies and practices that are harming American innovation.

11 May 2017
Senate confirms new United States Trade Representative (Senate.gov)   The U.S. Senate has confirmed Robert Lighthizer, of Florida, to be United States Trade Representative, with the rank of Ambassador Extraordinary and Plenipotentiary. Mr Lighthizer forms part of the Executive Office of the President.