Update: USTR Drops Threat of Using Section 301 on Vietnam

July 24, 2021

The Office of the U.S. Trade Representative (USTR) issued a formal determination in its Vietnam Currency Section 301 investigation reflecting an agreement reached earlier between the Treasury Department and its counterpart in Vietnam. The agreement addresses concerns that Vietnam was devaluing its currency to give its businesses an unfair price advantage in international trade. As …

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AAEI Urges the Senate to Consider CBP Nominee Chris Magnus

August 11, 2021

AAEI is calling on the Senate Finance Committee to move forward with the confirmation process of Tucson Police Chief Chris Magnus for U.S. Customs and Border Protection (CBP) Commissioner. The U.S. economy stands stronger with a properly confirmed leader at CBP, which is assigned to ensure the safety, prosperity, and economic security of international trade …

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U.S., China Sign Phase 1 Trade Deal

January 15, 2020

President Trump and China’s Vice Premier Liu He signed the Phase 1 trade deal which includes provisions on intellectual property, financial services, and large purchases of agriculture products. AAEI announced that while it is pleased that the agreement is signed, its leaders will be scrutinizing the text to assess the impact of the agreement on …

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Bill Banning Imports from China’s Xinjiang Headed to President

December 16, 2021

The U.S. Senate passed legislation that would ban imports from China’s Xinjiang Uyghur Autonomous Region due to the presumption that forced labor was involved in the supply chain. It passed both chambers this week without objection and President Biden is expected to sign it. The bill includes a “rebuttable presumption” that all goods from Xinjiang …

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