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The United States and Vietnam have commenced a second round of trade negotiations in Washington this week, as both sides work to avert the imposition of a punitive 46% tariff that could severely impact Vietnam’s export-driven economy. Meanwhile, Eric Trump is expected in Vietnam later this week for discussions about a potential Trump Tower in Ho Chi Minh City.
Rules & Procedures Technical Advisory Committee will meet June 10 at 9AM
Materials and Equipment Technical Advisory Committee will meet June 5th at 10AM
The U.S. Department of Commerce has issued a formal request for public comment on potential alternatives to its long-used Cohen’s d test in detecting patterns of differential pricing in antidumping investigations. This action follows a recent Federal Circuit ruling that found Commerce’s application of the d-test unreasonable when used on datasets that fail to meet critical statistical assumptions.
A group of House Republicans is demanding detailed records and testimony from Harvard University over what they characterize as troubling connections to sanctioned Chinese and Iranian entities.
President Trump has conceded that he may have bitten off more than his team can chew, by picking simultaneous trade battles with nearly every country on Earth.
“We have, at the same time, 150 countries that want to make a deal, but you’re not able to see that many countries,” he told an audience in the UAE, conceding that it is "not possible to meet the number of people that want to see us”.
China has called on the United States to terminate its Section 232 tariffs on automobiles, steel, and aluminum, and to stop its ongoing national security investigation into imported pharmaceuticals. Speaking at a regular press conference, Ministry of Commerce (MOFCOM) spokesperson He Yongqian denounced the measures as unjustified and harmful to global trade.
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