“October 2, 2020: The Office of the U.S. Trade Representative announced the opening of two new Section 301 investigations on Vietnam concerning the import and use of timber declared “illegally felled or traded” and Vietnam`s undervaluation of its currency. This is important to many Americans. Fashion companies that the investigation could lead to new U.S. tariffs on imports from Vietnam, which could cover clothing items. All parties may submit their comments on the investigation to USTR by November 12, 2020. [Policy Document] [Trade Policy Remedies] Day 487: November 1, 2019 – U.S. and Chinese negotiators call, agree “in principle” on trade points The two announcements bring immediate relief to Chinese negotiators, who will now be closely following the 2020 U.S. election. During his press conference, Mr.

Trump appeared to give few details, in addition to clarifying that “we are summing up on tariffs” and said that American companies were “not very happy” not to be able to sell to the Chinese smartphone manufacturer. Previously, the U.S. blacklisted the company by listing it on its entity list and banning the sale of high-tech components and software to Huawei. September 26, 2018: In a joint statement, the United States and Japan announced that, following the necessary internal procedures, the two countries will begin negotiations for a U.S.-Japan trade agreement [note: NOT comprehensive bilateral free trade agreement] as well as other key areas, including services, that could lead to early successes. According to the statement, the United States will strive to gain greater access to the Japanese auto market and the Japanese will not go beyond previous commitments to open up their protected agricultural market. [Policy Document] [Trade Agreement] The United States and China have postponed those of the 15th Draft Revision of its Phase 1 trade agreement, scheduled for August 1, 2020, about six months after January 15, 2020, when the agreement was signed by two countries. . .

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