1300 Pennsylvania Avenue, NW Suite G-329 Each can reduce U.S. opportunities to export, invent, support jobs, and raise wages and incomes. Technical Barriers to Trade: Technical regulations or conformity assessment procedures that unnecessarily restrict trade or curb the movement of innovative products risk lost opportunities to capitalize on Americas leadership in science and high-tech manufacturing, services, and agriculture. Topics on Which the TPSC Seeks Information To improve data coverage, especially for the latest periods, UNCTAD constructs a set of average prices indexes at the three-digit product classification of the Standard International Trade Classification revision 3 using UNCTAD's Commodity Price Statistics, international and national sources, and UNCTAD secretariat estimates and calculates . Together, these economies account for 99 percent of U.S. goods trade and 87 percent of U.S. services trade. BY Heather Greenfield. Agriculture (China remains a difficult and unpredictable market for U.S. agricultural exporters, largely because of The challenge for the U.S. and the world is how to restore balance and save the global trading system. An estimated 95% of products imported into Hungary no longer require an import permit, however, licenses are still required for arms/military equipment, explosives and pyrotechnic products, wood products . 2241 ), requires ustr annually to publish the nte report, which sets out an inventory of the most significant foreign barriers affecting u.s. exports of goods and services, including agricultural commodities, u.s. intellectual property, u.s. foreign direct investment by u.s. persons, According to Ambassador Tai, "The 2021 NTE report identifies a range of important challenges and priorities to guide the Biden Administration's effort to craft trade policy that reflects America's values and builds back better." For more information on the report, please use the below link: While the U.S. was the first country to produce a national trade estimate, a number of countries do so today. In its annual 2021 National Trade Estimate Report on Foreign Trade Barriers, the US Trade Representative (USTR) said on Wednesday that while the Indian government pursued ongoing economic reform efforts, it also continued to promote programmes like 'Make in India' that favour domestic production over importation. The USTR press release from March 31, 2021 (majority of release copied below) provides an outline of some of the major areas of concern. The NTE Reports many examples of this challenge range from non-transparent European Union chemical regulations to Chinese Information Technology cybersecurity and encryption standards, to Indian and Brazilian testing and certification rules for telecommunications equipment, to technology. The 2021 National Trade Estimate Report on Foreign Trade Barriers (NTE) is the 36th in an annual series that highlights significant foreign barriers to U.S. exports, U.S. foreign direct investment, and U.S. electronic commerce. Within APEC, for example, the United States is engaged in projects on cybersecurity and blockchain to identify key public policy issues, and has projects in development on aerial drones and 3D printing. China is the country with the longest entry in the NTE and has been for many years. To ensure compliance with the statutory mandate for the NTE Report and the Administration's commitment to focus on significant foreign trade barriers, USTR will take into account comments in response to this notice when deciding which significant barriers to include in the NTE Report. On March 31, 2021, the Office of the U.S. Trade Representative (USTR), released the 2021 National Trade Estimate (NTE) Report. Copyright 2022. Services (In 2020, numerous challenges persisted in a number of services sectors. According to the schedule published by the South African Revenue Service, definitive antidumping duties imposed on U.S. imports of soda ash range from 8 percent to 40 percent as follows: Tata Chemicals Partners Inc: 8 percent OCI Chemical Corporation: 21 percent All Others: 40 percent WASHINGTON United States Trade Representative Katherine Tai today released the 2021 National Trade Estimate (NTE) Report, providing a detailed inventory of significant foreign barriers to U.S. exports of goods and services, investment, and electronic commerce. These range from Argentinas imposition of quota limits on imported books in September 2020 to Indias 38.8 percent average tariff on agricultural goods; the anomalous technical standards Saudi Arabia applies to shoes and electronic equipment; Ecuadors mandatory and cumbersome process for allocating import licenses for agriculture products such as meats and dairy products; Indonesian local content requirements across a broad range of sectors; and Russian bans on imported food. This document is a companion piece to the Presidents 2021 Trade Policy Agenda and 2020 Annual Report, published by the Office of the United States Trade Representative (USTR) in March. The 2021 National Trade Estimate Report on Foreign Trade Barriers (NTE) is the 36th in an annual series that highlights significant foreign barriers to U.S. exports, U.S. foreign direct investment, and U.S. electronic commerce. WASHINGTON (April 1) Yesterday, the Office of the United States Trade Representative released its 2021 National Trade Estimate Report on Foreign Trade Barriers (NTE Report), which "highlights significant foreign barriers to U.S. exports, U.S. foreign direct investments, and U.S. electronic commerce." In the USTR's press statement, the new USTR, Ambassador Katherine Tai, stated: "The 2021 NTE . To read the full report from the Office ofthe United States Trade Representative, please clickhere, To view the original press release from theOffice ofthe United States Trade Representative, please click here, Washington International Trade Association (WITA), Ronald Reagan Building and International Trade Center USTR will continue its bilateral and multilateral efforts to address these harmful trade practices. These categories cover government-imposed measures and policies that restrict, prevent, or impede the international exchange of . 155 While estimates vary, we . Summary of H.R.3684 - 117th Congress (2021-2022): Infrastructure Investment and Jobs Act 59. Washington The Office of the U.S. Trade Representative released its annual National Trade Estimates (NTE) report that plays a valuable role in identifying and addressing barriers for internet services and internet-enabled businesses. Each can reduce U.S. opportunities to export, invent, support jobs, and raise wages and incomes. The NTE Reports many examples of this challenge range from non-transparent European Union chemical regulations to Chinese Information Technology cybersecurity and encryption standards, to Indian and Brazilian testing and certification rules for telecommunications equipment, to technology. WASHINGTON United States Trade Representative Katherine Tai today released the 2021 National Trade Estimate (NTE) Report, providing a detailed inventory of significant foreign barriers to U.S. exports of goods and services, investment, and electronic commerce. . Last published date: 2022-08-05 The U.S. Trade Representative's Annual "National Trade Estimate Report on Foreign Trade Barriers for 2021" highlights many of the issues covered in this Country Commercial Guide. Barriers as requested by the Office of the United States Trade Representative. The barriers addressed in that Agreement The United States has for many years raised multiple concerns with Chinas practices which the U.S. views as distorting trade flows and impeding market access to China. USTR 2021 National Trade Estimate Report on Foreign Trade Barriers areas of concern with a focus on China, Washington International Trade Conference, 2022 WITA Event & Series Sponsorship Opportunities, https://ustr.gov/sites/default/files/files/reports/2021/2021NTE.pdf, https://ustr.gov/about-us/policy-offices/press-office/press-releases/2021/march/ambassador-tai-releases-2021-national-trade-estimate-report, 2021 National Trade Estimate (NTE) Report, https://www.bea.gov/news/2021/us-international-trade-goods-and-services-february-2021, https://currentthoughtsontrade.com/2021/03/20/the-u-s-china-phase-1-trade-agreement-under-the-biden-administration/. The 2021 NTE Report identifies a range of important challenges and priorities to guide the Biden Administrations effort to craft trade policy that reflects Americas values and builds back better.. Reg. > USTR - 2021 National Trade Estimate Report on Foreign Trade Barriers USTR - 2021 National Trade Estimate Report on Foreign Trade Barriers Office of the U.S. Trade Representative This document is a companion piece to the President's 2021 Trade Policy Agenda Not a subscriber? 1300 Pennsylvania Avenue, NW Suite G-329 Copyright 2022. The U.S. has a long history of China promising reforms that are either not carried out or are undermined by additional restrictions. The Agreement also includes enforceable commitments requiring China to purchase and import on average at least $40 billion of U.S. agricultural and seafood products per year in 2021 and 2022, representing an average annual increase of at least $16 billion over 2017 levels. USTR will continue its bilateral and multilateral efforts to address these harmful trade practices. Many international financial institutions remain . This is why the Report expresses concern over the apparent disregard for patent protection in certain pricing and reimbursement decisions in Italy (Report, p. 179) and maintains earlier criticism of the EU manufacturing and stockpiling waivers, in effect since 1 July 2019, which introduced exceptions to the Supplementary Protection Certificate, the extended patent protection for active substances of medicines (Report, p. 206; see, Van Bael & Bellis Life Sciences News Alert of 13 June 2019). The post USTR releases 2022 national trade . The list of areas of concern making it into the annual NTE is not exhaustive but illustrative of the challenges to obtaining conditions of fair trade with the worlds most populous nation and second largest economy. The 570-page report examines 65 trading partners and country groups, including the U.S. largest trading partners, all 20 U.S. FTA partners, and other economies and country groupings of interest such as the Arab League, the United Kingdom (included as a separate entity for the first time in this report), and the European Union. section 181 of the trade act of 1974, as amended ( 19 u.s.c. USTR will continue to engage foreign governments on barriers that hamper the ability of U.S. farmers, ranchers and food processors to access markets worldwide. Significant Barriers to U.S. Exports in 65 Trading Partners Detailed. For the 2021 Report, USTR detailed a number of foreign regulations . Reg. 51436 (Sept. 15, 2021): Docket Number USTR-2021-0016 as of February 2021 the latest revised IMF estimate predicts a contraction of only 6 percent in 2020. Together, these economies account for 99 percent of U.S. goods trade and 87 percent of U.S. services trade. While the U.S. and China have engaged bilaterally extensively since Chinas WTO accession and the U.S. has pursued several dozen disputes against Chinese practices that were clearly contrary to WTO obligations of China, little overall progress has been made in resolving the wide array of Chinese government distortions created and maintained over the years. These comments . include joint venture requirements, foreign equity limitations, and various discriminatory regulatory requirements. Washington International Trade Association (WITA). It provides an overview of perceived problems with many trading partners. March 31, 2021. staff to the writing and . WTO requires all signatories to the Agreement on Technical Barriers to Trade (TBT) to establish a National Inquiry Point and Notification Authority to gather and efficiently distribute trade-related regulatory, standards, and conformity assessment information to the WTO Member community. Information on agricultural trade barriers can be found at the following website: Foreign Agricultural . The release of the 2022 NTE Report follows the March 1, 2022 release of the 2022 President's Trade Agenda and 2021 Annual Report. Taken as a whole, the NTE Report highlights significant barriers that present major policy challenges with implications for future U.S. growth opportunities, and the fairness of the global economy. It requires pharmaceutical firms to return to the government a specific percentage of the amount spent by Member States over budgetary limits. Foreign Trade Zones/Free Ports/Trade Facilitation. CCIA is an international, not-for-profit trade association representing a broad cross section of communications and technology firms. China also agreed that it will strive to purchase and import an additional $5 billion of U.S. agricultural and seafood products each year.). washington - united states trade representative katherine tai today released the 2022 national trade estimate report on foreign trade barriers (nte report), providing a comprehensive review of significant foreign barriers to u.s. exports of goods and services, u.s. foreign direct investment, and u.s. electronic commerce in key export markets for BARRIERS. Full report Fact sheet on major developments Fact sheet on 'key barriers to digital trade' Fact sheet on 'reducing technical barriers to trade' Fact sheet on opening markets to U.S. agriculture Previously Posted: The Trump administration's 2017 National Trade Estimate Report on foreign trade barriers For information on existing trade barriers, please see the National Trade Estimate Report on Foreign Trade Barriers published by USTR. What is clear is that U.S. trade relations with China are not balanced and havent been for the entire time of WTO membership for China. Every year for the last 36 years, USTR releases a National Trade Estimate Report on Foreign Trade Barriers. The Report cites the clawback system as a particularly pernicious system from an investment perspective. According to the Report, the lack of transparency and of due process gives rise to uncertainty and unpredictability for investment in these markets and is liable to undermine innovation (Id.). Considering the array of distortions and other problems identified in this years NTE, the focus on China is not surprising. The NTE Report details thousands of individual barriers to specific manufactured goods, farm products, and services. On 25 October 2022, the Belgian Official Journal published two Royal Decrees complementing and implementing the regulatory framework governing in vitro diagnostic medical devices as based on Regulation (EU) 2017/746 of 5 April 2017 on in vitro diagnostic medical devices (the IVDR) and the Belgian Law of 15 June 2022 on in vitro diagnostic medical devices (the Law of 15 June 2022). For information on EU retaliatory tariffs on U.S. goods see the list on the Department of Commerce website. In addition, Chinas Cybersecurity Law and related draft and final implementing measures include mandates to purchase domestic ICT products and services, restrictions on cross-border data flows, and requirements to store and process data locally. Foreign Trade Zones/Free Ports/Trade Facilitation. The statute requires an inventory of the most important foreign barriers affecting U.S. exports of goods and services, including agricultural commodities and U.S. intellectual property; foreign direct investment by U.S. persons, especially if such investment has implications for trade in goods or services; and U.S. electronic commerce. and is expected to rebound in 2021, with estimates ranging between 2.5 and 4.1 percent growth. Published annually since 1985, the NTE Report is a comprehensive review of significant foreign trade barriers affecting U.S. exports of goods and services. Anti-dumping, Anti-subsidy and Safeguards, Preferential Trade Agreements and Investment Protection, Sanctions and Export and Investment Controls, Intellectual Property, Information Technology and e-commerce, Transactions: corporate M&A and finance & projects, Corporate governance, compliance and advisory, Van Bael & Bellis Life Sciences News Alert of 13 June 2019, Belgium Complements and Updates National Regulatory Framework on In Vitro Diagnostic Medical Devices, Council of EU Adopts Three Regulations Crowning European Health Union, European Commission Publishes Work Programme for 2023 and Lists Important Life Sciences Initiatives.
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