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Top News In வாஷிங்டன் சர்வதேச வர்த்தகம் சங்கம் Today - Breaking & Trending Today

World trade system needs full US participation – WTO official

'A fully functioning multilateral trading system' would not be possible 'without the full and active participation of the United States' ....

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EU, UK envoys see better chance for global tax progress under Biden

2 Min Read
WASHINGTON (Reuters) - The British and EU ambassadors to Washington said on Monday they were encouraged by signs the Biden administration will re-engage in talks on reforming global tax rules for digital companies after discussions stalled under former President Donald Trump.
European Union Ambassador Stavros Lambrinidis told a trade conference he felt “great optimism” that Treasury Secretary Janet Yellen had shown a willingness to return to talks led by the Organization for Economic Cooperation and Development, adding it was “obvious that digital companies have to pay more tax. It’s just the fair . thing to do.”
Britain’s ambassador to the United States, Karen Pierce, said her country had imposed a unilateral digital services tax in theory, but was not collecting it “precisely to encourage the administration to come and negotiate with us and others.” ....

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UPDATE 1-White House says it aims to strengthen ties with Brazil, but will speak out on concerns

USA-TRADE/BRAZIL (UPDATE 1, PIX):UPDATE 1-White House says it aims to strengthen ties with Brazil, but will speak out on concerns ....

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Biden administration aims to closer economic and trade ties with Brazil

Full article
The administration of Biden on Feb. 5 had announced an additional US$ 300,000 in funding from the U.S. Agency for International Development to bolster Brazil’s emergency COVID-19 response
Ambassador Nestor Forster, welcomed Psaki’s comments and said Brazil was “fully on board” to address sustainable development and climate change concerns
The president Joe Biden administration aims to keep strengthening US economic ties and trade with Brazil, White House press secretary Jen Psaki said on Monday during the daily meeting with the media.
Ms Psaki also pointed out that United States is following closely human rights and environment developments in Latin America s leading economy. ....

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Top U.S. House trade lawmaker to focus on enforcing international pacts

By Reuters Staff
2 Min Read
FILE PHOTO: House Ways and Means Committee Chairman Richard Neal discusses his request to IRS Commissioner Charles Rettig for copies of President Donald Trump s tax returns as he talks to reporters at the U.S. Capitol in Washington, U.S., April 4, 2019. REUTERS/Yuri Gripas
WASHINGTON (Reuters) - The top lawmaker on trade matters in the U.S. House of Representatives said on Tuesday that he will focus this year on enforcing U.S. trade agreements and working with the Biden administration to combat China’s use of forced labor in its western Xinjiang region.
House Ways and Means Committee Chairman Richard Neal, speaking on a webcast forum organized by the Washington International Trade Association, said he also was open to negotiating new trade agreements with Britain and the European Union. ....

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