Trump wants dozens of new trade deals. Can Washington's trade machine handle the load?
“The pause, billed by the administration as a strategic opportunity for bilateral talks, will put pressure on a small cadre of U.S. trade officials to manage what could quickly become a sprawling and uncoordinated negotiation process.”
[Dow Jones]
U.S. reverses course on proposed port fees for Chinese ships
“United States Trade Representative Jamieson Greer at a hearing of the Senate Finance Committee Tuesday told lawmakers that the fees, which are supposed to help jumpstart a revival of U.S. shipbuilding, prompted overwhelming opposition from across the shipping industry.”
[Freightwaves]
China appoints a new trade negotiator during tariff fight with U.S.
“Perhaps more so than his predecessor Wang, Li’s experience at the Commerce Ministry and his participation in negotiating China’s accession to the WTO more than 20 years ago stand him in good stead as China refuses to cave in to U.S. demands.”
[Associated Press]
U.S. threatens retaliation over carbon tax on ocean shipping
“Washington in a statement to IMO members called the carbon tax an economic burden that would drive global inflation, and called for a halt to negotiations by the United Nations agency.”
[Freightwaves]
EU pauses countermeasures against US tariffs to allow space for negotiations
“The Commission has adopted two legal acts on 14 April which, respectively, impose and suspend its countermeasures: The first act imposes the EU countermeasures. The second act suspends all such measures until 14 July 2025.”
[European Commission]
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