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What we’re covering this week --

   US and European Union negotiators meet in New York all week hoping to make progress on the TransAtlantic Trade and Investment Partnership, while President Obama is in Germany trying to shore up support for the TransAtlantic Trade and Investment Partnership.

             ●          Monday, the 13th round of negotiations on the TTIP begins in New York City.

             ●          The Atlantic Council sponsors a program on US-India relations with speakers including Sens. John Cornyn and Mark Warner and Indian Ambassador Arun Singh.

             ●          Tuesday, the US Chamber of Commerce holds a two-day China Business Conference.  Deputy US Trade Representative Robert Holleyman and Treasury Undersecretary Nathan Sheets are among the speakers.

             ●          Wednesday, the Commercial Operations Advisory Committee of Customs and Border Protection holds an open meeting.

             ●          The European Institute sponsors a program with the Eurasian Economic Union with speakers including Chair of the Eurasian Economic Commission Tigran Sargsyan and Deputy US Trade Representative Betsy Hafner.

             ●          The full House votes on legislation to create a new process for crafting miscellaneous tariff bills.

             ●          The Senate Foreign Relations Committee holds a hearing on US-China relations.  Deputy Secretary of State Antony Blinken testifies.

             ●          The Senate Judiciary Committee holds a hearing on counterfeits and their impact on consumer health and safety.  Director of US Immigration and Customs Enforcement’s National Intellectual Property Rights Coordination Center Bruce Foucart is among the witnesses.

             ●          Thursday, the House Foreign Affairs Committee holds a hearing on America as a Pacific power, with Deputy Secretary of State Blinken.

             ●          US Trade Representative Michael Froman meets with the Sri Lanka Trade and Investment Framework Council.

             ●          Friday, the University of Maryland sponsors a forum on doing business with India.  Indian Ambassador Arun Singh is among the speakers.

  


 Volume 25, Number 81                                Friday, April 22, 2016

Trade Reports International Group

TPP and Dairy Access

 Forty-seven House lawmakers – including the chair and ranking member of the Ways and Means trade subcommittee – told the Obama Administration yesterday that proper implementation of dairy market access provisions in the TransPacific Partnership will influence whether they support the agreement (WTD, 4/20/16).

 In a letter to US Trade Representative Michael Froman and Agriculture Secretary Tom Vilsack, the members laid out three priority areas for dairy in the TPP –

 ●          ensure that Canada not only implements its TPP commitments on dairy and also does not alter existing avenues for US access to the Canadian market, absent the emergence of legitimate new food safety issues.  Too often, the members wrote, US dairy exports bear the brunt of regulatory actions or interpretation shifts designed to limit US access to the Canadian dairy market.  “We look forward to partnering with you to help ensure that current access to Canada is not undermined, and that dairy access provided under TPP genuinely moves access forward.”;

GIs

 ●          ensure that TPP trading partners, particularly critical markets such as Japan, are not acting in a manner that is out of keeping with the intent of commitments on Geographical Indicators and

             ●          establish procedures to ensure that trading partners are shipping products fully in compliance with the terms of access granted to them.  Further details on how the United States will institute automatic implementation of US safeguards under TPP is another important area requiring greater clarity, the lawmakers said.

 How the Administration deals with the issues “will be an important factor in how we view the overall agreement,” they wrote.

 House Ways and Means Committee chairman Kevin Brady (R-Texas) told reporters on Wednesday that Congressional action on the TPP this year depends on the Administration resolving outstanding issues of concern to members.

 The US Dairy Export Council, National Milk Producers Federation and the International Dairy Foods Association all endorsed the letter.

 Agriculture Secretary Vilsack travels to Japan today – to participate in a G-7 meeting on agriculture – and to Vietnam.  He will discuss TPP implementation in both places.

       



Campaign 2016

The Candidates on Africa

 Representatives for the five remaining Presidential contenders all agreed yesterday that there is bipartisan support for US relations with Africa – but they varied widely on how their candidates view economic ties with the continent (WTD, 4/21/16).

 Views ranged from Democratic frontrunner and former Secretary of State Hillary Clinton who is interested in negotiating bilateral and regional trade agreements with African countries to Republican candidate Texas Sen. Ted Cruz, “who really hasn’t given Africa much thought yet.”

 All five advisors said that if elected President, their candidate would visit Africa during the first term.

             ●          Donald Trump – the Republican frontrunner and business executive wants strong business ties with Africa and wants to promote economic development there, according to his advisor Jeffrey “J.D.” Gordon, a communications and foreign policy expert.  But at the same time, the candidate wants to make sure the United States wins on trade.

 A President Trump would be interested in encouraging more US trade and investment in Africa, but on a “win-win” basis, according to Mr. Gordon.  He will want to know “what’s in it for America”; otherwise, he will not be interested.

             ●          Republican candidate Sen. Cruz does not have an Africa policy because he has too much else on his mind right now, according to advisor Michael Ledeen, a Freedom Scholar at the Foundation for Defense of Democracies.  He predicted that a President Cruz would be “unpredictable” on Africa, but said disease prevention and terrorism would among his top concerns about the region.

 The senator is a big advocate of free trade and will do what he can to encourage it.  He voted in favor of the 10-year reauthorization of the African Growth and Opportunity Act last year, but he strongly opposes the US Export-Import Bank, which does business in Africa, and as President would seek to shut it down.  Mr. Ledeen said American business is very reluctant to invest in Africa largely because of widespread corruption there.

Gov. Kasich

             ●          Republican candidate Ohio Gov. John Kasich believes the United States should be engaged in Africa and promote trade and economic development, said his advisor, Herman Jay Cohen, a former US assistant secretary of state for African affairs.  Africa needs more investment, including from expatriate Africans.

 Gov. Kasich supports AGOA and believes in the importance of foreign aid, Mr. Cohan continued.  The candidate believes African countries need to move away from relying on commodities for their exports and diversify into more manufacturing.  There also needs to be more trade among African countries.  Regional integration is occurring across the continent, but even though tariffs are being cut or eliminated, nontariff barriers make trade between African countries difficult.

             ●          Democratic front-runner and former Secretary of State Hillary Clinton has a strong record of advocacy for Africa, according to advisor Michelle Gavin, also a former US assistant secretary of state for African affairs.  As President, she would work to advance trade and investment with Africa, where she sees tremendous opportunities for US businesses.

 Ms. Clinton strongly supports AGOA, but believes it is time to begin thinking about what should come next.  A President Clinton would think about negotiating bilateral and regional two-way trade agreements in Africa.  She believes there is tremendous US business interest in Africa, but US companies need to build up a track record and a comfort level there.  “You can’t win if you don’t show up,” is Ms. Clinton’s view.

And Sen. Sanders

             ●          Democratic candidate Vermont Sen. Bernie Sanders also has a strong record on supporting Africa, advisor – attorney and community activist – Wala Blegay said.  The senator supports AGOA.  Public health, economic development and human rights in Africa would all be important issues for a President Sanders.

 As a strong supporter of foreign aid, Sen. Sanders believes the Unites States should invest in trade and development in Africa.  But the senator believes more transparency is needed because US assistance has not always gotten to the people who need it most.

 Advisors for the candidates spoke at a forum sponsored by the Africa-America Institute on US policy toward Africa in the next Administration.

       



Ukraine Joins GPA

 Geneva – Ukraine has ratified the World Trade Organization’s revised Agreement on Government Procurement and should be ready to implement it next month, according to the WTO (WTD, 3/30/16).

 Ukraine submitted the country’s instrument of accession to the WTO Secretariat on Monday.

 Kiev applied for GPA accession in early 2011 – less than three years after joining the WTO – and submitted its first coverage offer in March 2014.

 The aim of the GPA is to open up government procurement markets to international competition, make government procurement more transparent and provide legal guarantees of non-discrimination with regard to the products, services or suppliers of any party to the Agreement.

 Membership grants Ukraine and other parties assured access to public procurement markets that have been valued worldwide at as much as $1.7 trillion annually – and whose value will grow over time, according to the WTO.  Accession to the Agreement can also be an important signal of a country’s commitment to good governance.

 In addition to the existence of GPA-compliant national procurement legislation, accession to the GPA requires reaching agreement on the terms of participation by each acceding WTO member.

 Current parties to the GPA number 46 – Armenia, Canada, the European Union (in addition to its 28 members), Hong Kong, Iceland, Israel, Japan, South Korea, Liechtenstein, Montenegro, Aruba, New Zealand, Norway, Singapore,  Switzerland, Taiwan, Taiwan and the United States.

 Moldova’s accession terms to the Agreement was approved by the Committee last September.  Other WTO members that have started the process of accession are Albania, Australia, China, Georgia, Jordan, the Kyrgyz Republic, Oman and Tajikistan.  Another five members – Macedonia, Mongolia, Russia, Saudi Arabia and Seychelles – have provisions regarding GPA accession in their respective protocols of accession to the WTO.

New Zealand

 A delegation of New Zealand business executives and consultants were in Washington this week to find out about negotiating GPA terms with the United States on the one-year anniversary of its accession.  Several executives yesterday remarked about the difficulty of negotiating their terms to comply with the Trade Agreements Act of 1979 which sets down conditions for GPA members to enter the US federal procurement market – primarily by waiving restrictions of the Buy America law.  New Zealand, like other members, also has to conform with technical purchasing requirements established by the General Services Administration.

       



ITC Votes on Korean Phosphor Copper

 The International Trade Commission yesterday unanimously found a reasonable indication that the US industry is materially injured or threatened with material injury due to dumped imports of phosphor copper from South Korea (WTD, 3/10/16).

 The case was brought by Metallurgical Products Company.

 Commerce will continue its antidumping investigation and is expected to issue a preliminary antidumping duty determination by August 16.

 Phosphor copper is principally used as a deoxidizing agent, an alloying additive and a component of brazing alloys.

       



Around the Globe

             ●         As EU-US negotiators prepare for a new round of transatlantic trade talks in New York next week, officials fear TTIP might run into a new brick wall: Public procurement, EurActive reported (WTD, 4/21/16).  The warning came from the European Parliament, where the International Trade Committee was holding a hearing on Wednesday (20 April).

 German MEP Bernd Lange, an SPD lawmaker from the Socialists and Democrats (S&D) group who chairs the committee, said public procurement could turn into a TTIP deal-breaker as negotiators seem stuck in boasting the openness of their own public contracts market.  “There has been something of a ‘beauty contest’ over which country is the ‘most open’ in terms of public procurement in recent years,” said one analyst at the European Centre for International Political Economy (ECIPE), a think tank.

 “And the EU has appointed itself as the fairest in all the land,” he added.  If Europeans estimate that the “de jure” openness of the EU procurement markets is at roughly 85%, against 32% for the US, American officials told EurActiv.com that EU firms have more guaranteed access to public tenders in the US.  Taking the World Trade Organisation Government Procurement Agreement (GPA) as proof, the US said it guarantees access to markets worth approximately $320 billion per year. Meanwhile, the EU covers approximately $333 billion, but only guarantees that US can compete for half of that amount —roughly $158 billion— officials claim.

 A source in the European Commission’s trade directorate told EurActiv that even though some European companies have found a way to comply with the stringent domestic restrictions and win public contracts in the US, they have been obliged to change their supply chains and even establish their production in the US.  The EU would welcome a privileged agreement where “we would get rid of all the strings attached,” said the EU source. “Why can’t we transform the ‘Buy American’ into a ‘Buy Transatlantic?’” he wondered.

 ●        As U.S. and European negotiators prepare to hash out details in the next round of talks on the Transatlantic Trade and Investment Partnership (TTIP) in New York, they must contend with shifting public opinion (see related report this issue).  While the European majority welcomes TTIP, Germans have become more skeptical of the agreement, according to a new Bertelsmann Stiftung survey.

 An increasingly antagonistic German public disapproves of a trans-Atlantic trade pact to a greater extent than it did just two years ago. Less than one in five (17 percent) Germans surveyed consider TTIP to be a good thing, while two years ago more than half (55 percent) of Germans were in favor of the agreement.  In addition to diminishing support for TTIP, backing for increased trade is also on the decline in Germany. Although a majority (56 percent) of Germans is generally open to trade, that figure is a sharp decrease from just two years ago (88 percent).

Campaign 2016

             ●         Donald Trump was riding high on his visit to the Eastern Shore Wednesday, less than 24 hours after pulling off one of the biggest victories so far in his presidential campaign, the Associated Press news service reported.  After swinging through Indianapolis Wednesday afternoon, the Republican presidential front-runner packed the small gym at Stephen Decatur High School here, not far from Ocean City, Maryland, and just south of the Delaware border.

 On Wednesday, however, Trump was squarely focused on the general election. He took credit for inserting immigration to the forefront of the national conversation – the crowd lustily urged him to “build that wall!” throughout his speech – and repeatedly emphasized his devotion to a topic that has given former Secretary of State Hillary Clinton plenty of heartburn in her primary battle against Vermont Sen. Bernie Sanders: free trade.  Harkening back to his grandiose entrance into the presidential race last June, when he descended his golden escalator at Trump Tower in Manhattan, Trump reminded the audience that, besides his headline-grabbing promise to build a wall to keep out immigrants from Mexico, he had also focused early on issues of trade.

 “We’re like the big bully that gets beat up,” he said. “You ever see a big bully that gets beat up? It’s pathetic: That’s us.”  Trump lamented that the U.S. had been repeatedly outmatched in negotiating trade deals with China, Japan and Mexico, and promised to renegotiate trade deals to be more favorable for American workers.  “Our companies are leaving and going other places … [politicians] don’t know how to solve it,” he said.  Trump promises to impose a hefty import tax on companies who ship jobs overseas, a plan he says will force companies to bring jobs back to the U.S., but on some experts believe could launch a trade war with Asia.  “One of two things is going to happen,” Trump vowed. “They’ll leave and pay the tax and we’ll make a fortune, or more likely, they won’t leave at all.”

             ●         Free trade has gotten lots of attention on the presidential campaign trail this year, but a near-majority of American voters say they don’t know or don’t have an opinion about the Trans-Pacific Partnership, President Obama’s sweeping 12-nation trade agreement currently under consideration, according to a Morning Consult poll (see related report in this issue).  Of the over 10,000 registered voters who responded to a March 11-16 Morning Consult survey on trade policy, 29 percent oppose TPP while 26 percent support the deal. But 45 percent say they don’t have an opinion or didn’t know how to respond.

 A total of 72 percent of those surveyed either hadn’t heard of the deal, or had heard “not much” about it. White-collar workers are 8 percentage points more likely to support TPP than blue-collar workers, while blue-collar workers are 5 percentage points more likely to oppose than white-collar workers.

 Despite Republicans’ historic support for major trade agreements like the North American Free Trade Agreement, the poll indicates a shifting landscape in public support for U.S. trade policy, including TPP. Of the surveyed Republican voters, 34 percent oppose TPP, compared to 24 percent who support it. Just under one-third of surveyed Democrats support the agreement, despite their party’s general skepticism of free trade policy. Independent voters more closely mirror Republicans voters, with 22 percent supporting and 30 percent opposing.

             ●          Regulators told Chinese banks on Thursday to finance steel exports to help reduce a supply glut in a move that could worsen trade tensions with Europe and the US, the Associated Press news service reported (WTD, 4/21/16).  Beijing faces pressure from the U.S. and Europe to stop what they complain is a strategy of trying to clear away a backlog of steel by exporting at unfairly low prices. Washington imposed antidumping duties last month on Chinese steel.

 The latest order to finance exports is part of instructions from the Chinese central bank and financial regulators to lenders to support the overhaul of state-owned steel and coal industries.  Beijing is trying to shrink bloated companies, many of them state-owned, in industries including steel, coal, glass, cement and aluminum in which supply exceeds demand. That has led to price-cutting wars and heavy losses.  Last month, Washington announced antidumping tariffs of up to 266 percent on some Chinese steel.

 Chinese bank support to steel and coal companies can include “syndicated loans, export credit and project financing,” according to the order by the central bank and the securities, banking and insurance regulators.  It gave no financial targets but said financing might be extended for shifting operations abroad.

 On Monday in Brussels China Assistant Minister of Trade Zhang Ji said his country is willing to join the discussion on steel overcapacity, but added that part of the problems lies with the big users – “food consuming parties are ill and have bad appetite.”

 The Chinese government takes the issue seriously and has taken effective measures to reduce steel overcapacity.  Specific measures taken by the Chinese government to reduce overcapacity are effective and “we are also committed to actively expand domestic demand for steel products,” he said.

 Chinese steel production capacity mainly satisfies domestic demand.  China not only provides no subsidy to stimulate steel export, but also imposes export tariff on certain kinds of steel products. China also imports a large amount of steel products, offering a huge market for global steel products. In the future, China will continue to have sustained and healthy economic development and there is still much potential for steel demand. China calls on all relevant economies around the globe to make sustained efforts from both supply and demand sides and take comprehensive measures to address steel overcapacity.

 Zhang Ji said in the end that China stand ready to enhance communication, exchange and cooperation with all parties and share experience and practice of reducing overcapacity in the steel sector.

             ●          Canadian Minister of International Trade Chrystia Freeland and European Commissioner for Trade Cecilia Malmström issued a joint statement yesterday saying that their top priority is to sign the Comprehensive Economic and Trade Agreement this year and see it enter into force in 2017 (WTD, 4/18/16).  The agreement is still being translated into French and into the 21 other EU treaty languages.

 “This agreement will make the investment system more transparent, independent and impartial,” they said.  “CETA is one of the most ambitious and progressive trade agreements ever concluded by either Canada or the EU. This gold-standard agreement will benefit both our economies and deepen the already strong trade and investment relationship we share.”

 Speaking to reporters, the minister said she was encouraged by the strong support from European and national parliamentarians with whom she met.

             ●          The European Union may not request Japan to fully reduce tariffs in some key areas for their envisaged economic partnership agreement for free trade, senior EU official Phil Hogan has said in a written interview with Jiji Press.  “The EU is ready to examine a limited number of sensitive areas where Japan may not be required to liberalize fully,” Hogan, the EU’s commissioner for agriculture and rural development, said.

 The interview was carried out before a two-day meeting of agriculture ministers from the Group of Seven major countries, to be held in the central Japan city of Niigata from Saturday, in which Hogan is also set to take part. The EU “certainly wants” the EPA negotiations with Japan to be “concluded as soon as possible,” he said, adding, “So, speed is as important as ambition.”

             ●          The European Union has agreed to start free trade talks with Indonesia, EU Commission President Jean-Claude Juncker said on Thursday, as the growth-hungry bloc presses for improved economic ties with Asian countries, Reuters news service reported from Brussels.  Juncker said he and EU Trade Commissioner Cecilia Malmstrom made progress on Wednesday in discussions with Indonesian President Joko Widodo.

 “We have concluded yesterday… preparatory discussions for a comprehensive economic partnership agreement and that’s good news both for Indonesia and the European Union,” Juncker told a joint news conference on Thursday.  The comprehensive economic partnership (CEPA), envisaged since 2011, would liberalise trade in goods and services and open up investment and procurement markets with the largest economy in the Association of South East Asia Nations (ASEAN).

             ●          Brazil posted a trade deficit of $7.59 billion in the first quarter, the smallest deficit in such a period since 2009, the Central Bank reported Wednesday according to the International Herald Tribune.  The March trade deficit came in at $855 million, down from the deficit of $1.91 billion posted in February.  The South American country had a trade surplus of $4.25 billion in March, while it posted a deficit of $2.9 billion in the services account, a figure that was down 23.1 percent, compared to the same month in 2015.




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On the Web......

 

Agriculture


Export Credits.  Agriculture Department amended GSM 102 allocations.  (available at:  http://www.fas.usda.gov/programs/export-credit-guarantee-program-gsm-102/gsm-102-allocations   )  issued:  4/21/16.


TPP.  Letter from House Agriculture Committee members to Agriculture Secretary Vilsack and US Trade Representative Froman on dairy issues and the TransPacific Partnership.  (available at:  http://www.usdec.org/Documents/2016-04-21%20-%20Letter%20to%20Froman%20and%20Vilsack%20on%20TPP%20Dairy%20Issues.pdf )  issued:  4/21/16.


TTP.  Statement by for US dairy associations on the TransPacific Partnership.  (available at:  http://www.nmpf.org/latest-news/press-releases/apr-2016/members-congress-urge-obama-administration-ensure-trans-pacific )  issued:  4/21/16.



Asia-Pacific


TPP.  Letter from House Agriculture Committee members to Agriculture Secretary Vilsack and US Trade Representative Froman on dairy issues and the TransPacific Partnership.  (available at:  http://www.usdec.org/Documents/2016-04-21%20-%20Letter%20to%20Froman%20and%20Vilsack%20on%20TPP%20Dairy%20Issues.pdf )  issued:  4/21/16.


TTP.  Statement by for US dairy associations on the TransPacific Partnership.  (available at:  http://www.nmpf.org/latest-news/press-releases/apr-2016/members-congress-urge-obama-administration-ensure-trans-pacific )  issued:  4/21/16.


TPP.  Retail Industry Leaders Association article on the environment and the TransPacific Partnership.  (available at:  http://www.huffingtonpost.com/glenn-prickett/leveraging-tpp-to-raise-environmental-standards_b_9729100.html )  issued:  4/21/16.



Canada


European Union.  Joint Canada, European Union statement on the bilateral trade agreement.  (available at:  http://www.international.gc.ca/media/comm/news-communiques/2016/04/21a.aspx?lang=eng )  issued:  4/21/16.


European Union.  European Union statement on the Canada-EU trade agreement.  (available at:  http://trade.ec.europa.eu/doclib/press/index.cfm?id=1483 )  issued:  4/21/16.



China


Steel.  Chinese government statement on steel overcapacity.  (available at:  http://english.mofcom.gov.cn/article/newsrelease/significantnews/201604/20160401299730.shtml and http://english.mofcom.gov.cn/article/newsrelease/significantnews/201604/20160401299733.shtml )  issued:  4/19/16.



Cuba


Export Controls.  Treasury Department frequently asked questions on US trade with Cuba.  (available at:  https://www.treasury.gov/resource-center/sanctions/Programs/Documents/cuba_faqs_new.pdf )  issued:  4/21/16.



Environment


TPP.  Retail Industry Leaders Association article on the environment and the TransPacific Partnership.  (available at:  http://www.huffingtonpost.com/glenn-prickett/leveraging-tpp-to-raise-environmental-standards_b_9729100.html )  issued:  4/21/16.


US Trade.  US Trade Representative’s office statement on the oceans and US trade policy.  (available at:  https://ustr.gov/about-us/policy-offices/press-office/blog/2016/april/earth-week-protecting-our-oceans-through-trade )  issued:  4/21/16.


US Trade.  US Trade Representative’s office statement on US trade and the Convention on International Trade in Endangered Species of Wild Fauna and Flora treaty.  (available at:  https://ustr.gov/about-us/policy-offices/press-office/blog/2016/april/cites-and-trade-agreements-%E2%80%93-partnering-combat )  issued:  4/21/16.


US Trade.  US Trade Representative’s office statement on Earth Week.  (available at:  https://ustr.gov/about-us/policy-offices/press-office/blog/2016/april/earth-day-2016-using-trade-policy-tackle-0 )  issued:  4/21/16.



European Union


Canada.  Joint Canada, European Union statement on the bilateral trade agreement.  (available at:  http://www.international.gc.ca/media/comm/news-communiques/2016/04/21a.aspx?lang=eng )  issued:  4/21/16.


Canada.  European Union statement on the Canada-EU trade agreement.  (available at:  http://trade.ec.europa.eu/doclib/press/index.cfm?id=1483 )  issued:  4/21/16.


TTIP.  Bertelsmann Foundation poll on the TransAtlantic Trade and Investment Partnership.  (available at:  http://www.bfna.org/media_advisory/skepticism-of-ttip-growing-in-the-us-germany )  issued:  4/21/16.


TTIP.  Business Alliance for TTIP statement on the TransAtlantic Trade and Investment Partnership.  (available at:  http://allianceforttip.com )  issued:  4/21/16.


TTIP.  Public Citizen statement on the TransAtlantic Trade and Investment Partnership.  (available at:  http://citizen.org )  issued:  4/21/16.


TTIP.  Article by US Chamber of Commerce President Donohue on the TransAtlantic Trade and Investment Partnership.  (available at:  https://global.handelsblatt.com/edition/414/ressort/opinion/article/renewing-the-trans-atlantic-alliance?68ef )  issued:  4/21/16.



Export Controls


Cuba.  Treasury Department frequently asked questions on US trade with Cuba.  (available at:  https://www.treasury.gov/resource-center/sanctions/Programs/Documents/cuba_faqs_new.pdf )  issued:  4/21/16.


Iran.  Statement by House Speaker Ryan on Iran’s access to the dollar.  (available at:  http://speaker.house.gov )  issued:  4/21/16.



Imports


MTB.  House Majority Leader McCarthy statement on the miscellaneous tariff bill.  (available at:  http://kevinmccarthyforms.house.gov/news/email/show.aspx?ID=3QYQWR4ZDJ4VXWMZWXHHCDDFKU )  issued:  4/21/16.




Iran


Sanctions.  Statement by House Speaker Ryan on Iran’s access to the dollar.  (available at:  http://speaker.house.gov )  issued:  4/21/16.



Middle East


GCC.  US-Gulf Cooperation Council Strategic Partnership communique.  (available at:  https://www.whitehouse.gov/the-press-office/2016/04/21/fact-sheet-implementation-us-gulf-cooperation-council-strategic )  issued:  4/21/16.


GCC.  Second US-Gulf Cooperation Council summit communique.  (available at:  https://www.whitehouse.gov/the-press-office/2016/04/21/united-states-gulf-cooperation-council-second-summit-leaders-communique )  issued:  4/21/16.



Organizations


ECAT.  Emergency Committee for American Trade announcement of trade awards to Rep. Tiberi.  (available at:  http://ecattrade.org )  issued:  4/20/16.



Steel


China.  Chinese government statement on steel overcapacity.  (available at:  http://english.mofcom.gov.cn/article/newsrelease/significantnews/201604/20160401299730.shtml and http://english.mofcom.gov.cn/article/newsrelease/significantnews/201604/20160401299733.shtml )  issued:  4/19/16.


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Straight Talk.

Click the underlined text to hear snippets from WTD’s straight talk. (mp3 files)

  •  Campaign 2016  –  Here’s how Republican Presidential contender Donald Trump is at a loss to explain China’s positive reaction to his sharp criticisms.

 •  Here’s what New Democrat free-trader Rep. Henry Cuellar (Texas) tells WTD in an interview about trade and the upcoming elections.  

•  Here’s an introduction by Woodrow Wilson Center Director Jane Harmon -- a rare species known as “pro-trade Democrats” -- of US Trade Representative Michael Froman on the TransPacific Partnership.

•  Campaign 2016 -- Republican Presidential contender Donald Trump explains his China trade policy to a crowd on Iowa.

•  Campaign 2016 -- Here’s what Republican Presidential contender Donald Trump says about “Made in USA”.

•  Campaign 2016 -- Republican Pr-esidential contender New Jersey Governor Chris Christie says why he’s against the Obama TPP agreement.

•  Here’s why Democratic Presidential contender Hillary Clinton opposes the TransPacific Partnership.

•  A question to and answer from Republican Presidential contender Jeb Bush on the US Export-Import Bank -- and OPIC.

•  Here’s how Nucor steel company CEO John Ferriola describes the Chinese economic monolith.

•  Negotiating in Geneva -- or Can You Hear Me?  --  From chief WTO services negotiator Abdel-Hamid Mamdouh.

•  Here’s how the United States views the future of the Doha Development Round according to Deputy US Trade Representative Michael Punke.

•  Here’s a comment from Senate Foreign Relations Committee Chairman Bob Corker about why he doesn’t want to get into reauthorizing the Overseas Private Investment Corporation -- ala the Ex-Im mess.

•  Here’s a response from World Trade Organization Director General Roberto Azevedo at the Peterson Institute for International Economics on whether the Doha Development Agenda is a vampire.






2016wtdpodcast0429.mp3