Trump Considering Bilateral Talks to Update NAFTA
President Trump is reportedly considering pursuing individual trade agreements with Canada and Mexico amid dimming prospects for concluding talks on a revamped NAFTA. The NAFTA negotiations have been underway since last summer but have stalled in recent months as Canada and Mexico have refused U.S….
New Legislation Would Require Congressional Approval of Section 232 Tariffs
Legislation introduced June 6 by a bipartisan group of senators would require Congress to approve any import tariffs imposed on national security grounds under Section 232 of the Trade Expansion Act of 1962. The measure reflects growing opposition to President Trump’s decision to levy such…