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In the News: China Deal, Blockchain, CBP Facilities, Switzerland FTA

Thursday, December 06, 2018
Sandler, Travis & Rosenberg Trade Report

White House intensifies confusion on U.S.-China deal

“White House aides have struggled to explain the details of what the two countries actually agreed on. And China has not confirmed that it made most of the concessions that the Trump administration has claimed.”

[Associated Press]

DHS exploring how blockchain can stop counterfeits

“The department is particularly interested in how to use the tech to issue and track the validity of documents related to travel, identity, citizenship, immigration and employment. Officials also intend to explore potential use cases for tracking oil imports and determining the origin of other raw materials.”

[NextGov]

Ports fret over CBP’s demand for new facilities

“‘Many ports already are straining their budgets to build the terminal, road and rail infrastructure needed to address congestion, keep freight flowing and serve the American economy,’ Nagle told the CBP commissioner. ‘The costs of the facilities CBP is requesting are substantial, and ports face the prospect of delaying other critical projects to meet increasing demands from CBP for new facilities.’”

[American Shipper]

Switzerland interested in FTA with U.S.

“‘The understanding has improved qualitatively, but some discussion is still needed to determine whether we can negotiate or not,’ Schneider-Ammann told Swiss public television, SRF.”

[Swissinfo.ch]

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