Month: January 2020

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United States Trade Representative

President Trump signs USMCA into law

January 30, 2020

On January 29, 2020, President Trump signed the US-Mexico-Canada Agreement (USMCA) into law. The United States, Mexico, and Canada have reached an agreement to modernize the 25-year-old NAFTA into a 21st century, high-standard agreement. The new United States-Mexico-Canada Agreement (USMCA) will support mutually beneficial trade leading to freer markets, fairer trade, and robust economic growth…

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International Trade Administration

ITA Market Development Cooperator Program is back for 2020

January 22, 2020

Market Development Cooperator Program (MDCP) awards include financial and technical assistance from the International Trade Administration (ITA) to support projects that help U.S. companies to compete in international markets. An MDCP award establishes a partnership between ITA and non-profit industry groups like trade associations and standards-developing organizations. Such groups are particularly effective in reaching small-…

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United States Trade Representative

TRADE AGREEMENT BETWEEN THE US AND CHINA

January 16, 2020

On January 15, 2020, the United States and China signed an historic and enforceable agreement on a Phase One trade deal that requires structural reforms and other changes to China’s economic and trade regime in the areas of intellectual property, technology transfer, agriculture, financial services, and currency and foreign exchange. The Phase One agreement also…

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