News
Print PDF

In the News: China Talks, Trade War Impact, Japan Deal, Digital Services Tax

Thursday, November 21, 2019
Sandler, Travis & Rosenberg Trade Report

U.S.-China trade talks run into disagreements on a number of issues

“The U.S. is trying to secure stronger concessions from China to regulate intellectual property protections and to stop the practice of forced technology transfer in exchange for rolling back some of the tariffs, CNBC’s Kayla Tausche reported, citing people familiar with the matter. The two sides are at a stalemate even though the U.S. and China said they had an agreement in principle less than a month ago.”

[CNBC]

U.S. exports may never recover from the trade war with China

“More than 30 states stretching from Florida to Alaska suffered double-digit drops in merchandise exports to China through September of this year.”

[Straits Times]

Japan’s lower house approves trade deal with U.S.

“The ruling Liberal Democratic Party and coalition partner Komeito are aiming to ratify the trade deal before end of the current Diet session on Dec. 9. That would allow them to accommodate Washington’s push for it to enter into force on Jan. 1.”

[Japan Times]

U.S. trade groups raise alarm over Canadian digital services tax

“The groups said the tax would undermine U.S. investment in Canada’s technology market and threaten Canada’s compliance with commitments under the World Trade Organization, the North American Free Trade Agreement (NAFTA), and the United-States-Mexico-Canada Agreement (USMCA).”

[Reuters]

To get news like this in your inbox daily, subscribe to the Sandler, Travis & Rosenberg Trade Report.

Customs & International Headlines