All articles tagged with #us trade deals
Originally Published 2 months ago — by Al Jazeera
During the ASEAN summit in Malaysia, President Trump signed trade agreements with several Southeast Asian countries, offering tariff exemptions and commitments to reduce non-tariff barriers, but many questions remain about the enforcement of these deals and future tariffs, especially on semiconductors and transshipments.
Originally Published 2 years ago — by Reuters
33 Democratic lawmakers have written to the US Trade Representative and State Department, urging them to eliminate investor-state dispute settlement provisions from current and future trade deals and to intervene on behalf of Honduras against a US company's nearly $11 billion claim against the country. The lawmakers argue that the ISDS systems in trade deals constitute a "problematic corporate handout" that violates countries' sovereignty and democracy rights. The case could require impoverished Honduras to pay billions of taxpayer dollars to a company that has "weaponized" the dispute settlement provisions.