Search Results for keywords:"United States Trade Representative"

Found 3 results
Skip to main content

Search Results: keywords:"United States Trade Representative"

  • Type:Notice
    Citation:86 FR 691
    Reading Time:about 15 minutes

    The Office of the United States Trade Representative has announced the determination of trade surpluses for various countries related to sugar and syrup goods and products. These countries include Chile, Morocco, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, Peru, Colombia, and Panama. The trade surplus levels affect how much of these products can enter the United States duty-free under different trade agreements. For some countries, like Chile and Morocco, their negative trade surpluses mean they do not qualify for duty-free treatment, while others like Guatemala and Colombia have positive surpluses allowing a limited amount to enter tariff-free.

    Simple Explanation

    The United States is deciding how much sugar and syrup from certain countries can come in without extra taxes. Some countries have made more trades with the U.S. lately, so a small amount can come in tax-free, but others haven't, so they can't join in on the free sugar party.

  • Type:Presidential Document
    Citation:90 FR 9837
    Reading Time:about 5 minutes

    The President of the United States issued a memorandum aimed at reducing the country's trade deficit by making international trade relationships fairer and more balanced. This includes assessing and countering unfair practices like tariffs, nontariff barriers, and discriminatory taxes imposed by trading partners. A plan called the "Fair and Reciprocal Plan" will be implemented to address these issues, and agencies like the Secretary of Commerce and the U.S. Trade Representative are instructed to investigate and propose solutions. The memorandum stipulates that any actions taken must comply with existing laws and does not create enforceable rights or benefits for any party.

    Simple Explanation

    The President wants to make trade with other countries fairer by checking if they're being unfair to the U.S., like charging extra taxes on American stuff. He told some important people to come up with a plan to fix this, but he didn't give them step-by-step rules, so they have to figure it out while being careful not to upset other countries too much.

  • Type:Notice
    Citation:86 FR 2479
    Reading Time:about 4 minutes

    The Office of the United States Trade Representative (USTR) has decided to indefinitely suspend additional duties on French products that were set to begin on January 6, 2021, in response to France's Digital Services Tax (DST). This decision comes as investigations into similar taxes in other countries continue, with the aim of allowing more time for discussion and potential resolution. The suspension reflects ongoing consideration of public comments and the advice of advisory committees. The USTR will keep monitoring developments in both the France DST investigation and other related investigations.

    Simple Explanation

    The U.S. decided to pause extra taxes on things from France because France had started a tax on digital services. This gives them more time to talk it over and hopefully work things out.