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The Office of the United States Trade Representative (USTR) has issued a Federal Register notice inviting public comments and testimony for its annual report to Congress on Russia’s implementation of its World Trade Organization (WTO) obligations.
A new minority staff report prepared for Sen. Elizabeth Warren (D-Mass.), Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs, and Sen. Jeanne Shaheen (D-N.H.), Ranking Member of the Senate Committee on Foreign Relations, charges that the Trump administration has “immediately stopped taking basic sanctions and export control actions” against Russia, weakening U.S. leverage to achieve a “just peace” in Ukraine.
Brazil has formally initiated dispute settlement proceedings at the World Trade Organization (WTO) against the United States over new tariff measures that Brasília says breach core multilateral trade rules.
Global merchandise trade is now projected to expand by 0.9% in 2025, according to a World Trade Organization update, reversing the 0.2% contraction forecast in April but remaining well below the 2.7% pre-tariff estimate.
The United States will revise a July 31 executive order so that the effective tariff rate on most Japanese goods will be reduced, Japan’s chief negotiator Ryosei Akazawa said Thursday.
The change aligns U.S. implementation with Japan’s interpretation of the July 22 trade agreement and with the method applied to European Union goods.
The Treasury has released the Committee on Foreign Investment in the United States (CFIUS) Annual Report to Congress for calendar year 2024, providing an account of case activity, sector trends, enforcement measures, and policy developments.
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