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Latest content in Saint Albans, VT

While there are likely many outstanding issues that need to be worked out, it appears that the largest points of contention between the two governments center on the issues that are at the core of what American companies want in an agreement

USTR published the fourth round of products excluded from the 25 percent duty on goods subject to tranche 1 of the Section 301 tariffs

Europe has a long way to go if it’s to deliver on the hope sparked by recent economic numbers.

The People’s Daily, the flagship newspaper of China’s Communist Party, said the U.S. should take full responsibility for trade-talk setbacks because it raised tariffs on China’s products, state television reported.

Today in Brexit: May is offering to go back to Brussels and tweak her deal to reflect Labour demands. It might be too little too late.

Economists say retaliatory tariffs from China likely won't have a significant effect on the U.S. economy due to the trade imbalance, but agriculture could take a hit.

Theresa May is promising to reopen Brexit talks with the European Union to try to breathe life back into negotiations with the opposition Labour Party and take the U.K. out of the bloc by the summer.

When Vice President Mike Pence toured the damage in America’s heartland caused by historic flooding, he pledged to work with Republicans and Democrats to ensure farmers and ranchers in Iowa and Nebraska receive the federal funding they need to rebuild. He was right to do so.

President Donald Trump weighed in on the state of trade negotiations with China, saying the U.S. was “right where we want to be” -- namely, on the cusp of taking in massive tariffs from China, a view at odds with his top economic adviser, who conceded Sunday that U.S. companies and consumers would pay the tariff bill.

GOP Senators used a Thursday meeting at the White House to voice their economic and political concerns with Trump’s steel and aluminum tariffs, the ongoing trade conflict with China and new tariffs the president has threatened to impose on auto imports.

The Long Beach Board of Harbor Commissioners approved an updated “Strategic Plan” for the port, laying out key goals and objectives.

Expansion in India’s dominant services sector weakened in April ahead of an election, a private survey showed on Monday, suggesting a delayed recovery to Asia’s third-largest economy.

The White House published its official notice that the Section 301 tariffs on Chinese goods have increased on May 10th from 10 to 25%.

The $9 trillion business of financing global trade needs to go digital, according to southeast Asia’s second-biggest lender.

65% of respondents say they struggle with hiring top talent at their company, a figure that has shown little change over the last four years.

Following a meeting with Republican U.S. senators, President Trump has decided not to go ahead with a proposal to waive Jones Act rules that would have allowed foreign flagged ships to transport natural gas from American ports to Puerto Rico and the U.S. Northeast.

Truck delays at the U.S.-Mexico border have reached up to 24 hours over the past month after roughly 750 Customs and Border Protection agents were reassigned to handle incoming migrants instead of processing incoming goods.

The European Union warned about greater transatlantic political tensions after President Donald Trump decided to let U.S. citizens file lawsuits over property confiscated in Cuba during the 1959 revolution.

The center would help to improve information sharing between supply chain partners including the port, terminal operators and freight companies.

Justin Trudeau’s government is expanding a loan program for farmers and launching a trade mission to Japan and South Korea as Canadian canola exports get caught up in a diplomatic feud with China.

The president made the announcement in a pair of tweets, indicating he is displeased with the timeline of U.S.-China trade negotiations, calling progress slow.

Description
VT PTAC will be hosting a GSA Contracting Workshop on May 9, 2019 in Burlington, Vermont in collaboration with the U.S. General Services Administration (GSA) and the Vermont Agency of Transportation (VTrans). The morning session will discuss federal contracting while the afternoon session will focus on Vermont construction contracting opportunities. Attendees are not required to attend both sessions but are encouraged to. Registration required
SESSION…

One big headline from Friday’s initial report on first-quarter U.S. gross domestic product is the boost growth received from the fallout of President Donald Trump’s trade wars. Yet below the surface are signs of how his disruptive approach to trade is also dampening growth in a way that may be more worrying for the long term.

Japan’s chief trade negotiator Toshimitsu Motegi said any trade deal with the U.S. could require approval from Congress, signaling the Asian nation may be seeking substantial concessions in exchange for opening up its agricultural markets.

President Donald Trump urged Japan to end tariffs on U.S. farm products when he met Prime Minister Shinzo Abe, who appears to have deflected the most damaging U.S. demands on trade weeks before the pair are likely to meet again during two upcoming Trump visits.

Chinese President Xi Jinping hosted some 5,000 delegates from across the globe at the Belt and Road forum in Beijing last week to discuss his signature infrastructure project, which began in 2013 to rebuild ancient trading routes across Eurasia. This year’s gathering eschewed the pageantry of the inaugural summit in 2017, as Beijing tried to address international criticism by toning down its rhetoric and tightening oversight.

India raised the customs duty on wheat to 40 percent from 30 percent, as the country is set for a record rise in output for the third year in a row.

Japanese Prime Minister Shinzo Abe was set to arrive in Washington to meet U.S. President Donald Trump for the first time in six months on Friday, with a looming trade dispute set to overshadow the event.

Last month, White House economic advisor Larry Kudlow told reporters some tariffs may need to remain in place even after a final deal with China. Chinese negotiators and U.S. businesses disagree.

Chinese President Xi Jinping addressed some 40 world leaders at the Belt and Road forum in Beijing, but his speech may have been aimed at a head of state not in the audience: U.S. President Donald Trump.

Tensions between the U.S. and China may linger even as both countries show signs that they’re edging closer to an end to their trade war, according to Singapore Finance Minister Heng Swee Keat.

The World Trade Organization is poised to issue another key ruling in the U.S. trade fight over China’s agricultural trade practices.

Retail sales in the U.S. jumped by the most since September 2017 and first-time filings for unemployment benefits dropped to a fresh 49-year low, as a strong labor market gives American consumers the wherewithal to keep the economy chugging along.

While the International Trade Commission (ITC) report on the United States-Mexico-Canada Agreement (USMCA) demonstrated marginal increases in agricultural exports, the value of USMCA to soybean producers goes beyond the pages released yesterday.

An independent government report on President Donald Trump’s new North American trade deal estimates it will lead to higher car prices for U.S. consumers and a decline in auto sales even as it has a modest positive impact on the broader economy, undercutting one of the White House’s key sales pitches for the agreement.

Senior U.S. and Chinese officials are scheduling more face-to-face trade talks in an effort to reach a deal by early-May that President Donald Trump and his Chinese counterpart Xi Jinping could sign later that month, two people familiar with the plans said.