The United States initiated consultations at the World Trade Organization over China's export subsidy system, announced U.S. Trade Representative Michael Froman. Consultations are the first step at WTO.
U.S. Trade Representative Michael Froman said "we do not expect to have a final agreement" on the 12-nation Trans-Pacific Partnership trade pact during a meeting of U.S. and Asian leaders in early November, said Kyodo news agency.
The World Trade Organization agreed with U.S. complaints and ruled that India's restrictions on imports of hogs, poultry meat and chicken eggs violate world trade rules.
There is new momentum for the Trans-Pacific Partnership, a trade agreement among a dozen nations, as a result of last week's U.S.-Japan talks, said U.S. Trade Representative Michael Froman. During a Senate Finance hearing, Froman said the talks in Tokyo "identified a path forward on agriculture and autos, two of the most challenging areas."
Eighteen US senators sign letter to USTR Michael Froman saying United States should press Japan to increase market access for US farm exports.