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European Council adopts position on new legal framework for trade defense instruments
“The European Parliament is now expected to vote in plenary on the final text of the regulation, thereby completing the legislative procedure in second reading. The formal signature of the regulation is foreseen in Strasbourg in late May. The regulation should be published in the Official Journal shortly thereafter.”
China imposes AD duties on U.S. sorghum
“Imports will incur a 178.6 percent duty, China’s Ministry of Commerce said in a preliminary ruling on Tuesday. … China imported about 4.8 million metric tons of sorghum from the U.S. last year, worth about $957 million, according to customs data. Purchases in the first two months of 2018 were 11 percent lower than a year earlier.”
EU proposes signature and conclusion of FTAs with Japan and Singapore
“The Japan agreement is the biggest bilateral trade partnership ever negotiated by the European Union. … The trade and investment agreements with Singapore are the EU’s first completed bilateral deals with a member of the Association of Southeast Asian Nations.”