Mexico border delays weigh on U.S. investment and factories
“‘A lot of the commercial traffic, we’re hearing from businesses, is being impeded,’ he said. ‘This is affecting logistics and supply chains, not just in Texas and the Southwest, but also in the Midwest.’”
U.S. lawmakers urge Trump administration to not end India's trade privileges
“India is the world’s largest beneficiary of GSP, which dates from the 1970s, and ending its participation would not only be the strongest punitive action against the country since Trump took office, but would also open a new front in the global trade war. The elimination of GSP is likely to bring retaliatory tariffs from New Delhi, according to a senior source with direct knowledge of the matter.”
EU releases proposal on new WTO rules for electronic commerce
The EU’s proposal would address forced data localization requirements, permanently ban customs duties on electronic transmissions, and improve market access commitments in telecommunication and computer-related services.
Brazil automakers fret about cheap imports from Mexico
“Brazil and Mexico agreed in March to open trade in light vehicles after years of capping trade volumes between the countries.”