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Washington, DC - During the ministerial session, held in March, the Ministers held in-depth discussions on Brazil and US respective approaches to trade and investment negotiations, which provided an invaluable opportunity to exchange information and identify points of convergence.
Brazil is the United States’ 12th largest goods trading partner, and two-way goods trade was $59 billion in 2015. The U.S. goods trade surplus with Brazil was $4.3 billion in 2015. Two-way goods and services trade totaled approximately $95 billion in 2015.
Minister Mauro Vieira highlighted the importance of the U.S. market for Brazilian exports, in particular of manufactured goods, which "clearly demonstrate the competitiveness of the Brazilian industry and the integration of value chains between our two countries." Industrial goods answered for over 60% of our 2015 exports to the U.S. – a noted improvement vis-à-vis the 53% reached in 2014. The Minister stressed that "notwithstanding the importance of traditional agriculture exports to the United States – which we certainly like to expand significantly, with more exports of meat, sugar and fruits, for instance – our first three main exports to the US are Machinery, Airplanes, and Iron and Steel products."
“The United States and Brazil have a large and dynamic trade and investment relationship, and we have the potential to do even more together to stimulate economic growth and create more jobs in both our countries,” Ambassador Froman stated.
The next meeting of the Commission will be held in Brasília in 2017.
(Source One no longer available).
Effective January 13 at all U.S. ports of entry, U.S. Customs and Border Protection (CBP) will detain cotton products and tomato products produced in China’s Xinjiang Uyghur Autonomous Region.
CBP issued a Withhold Release Order (WRO) against cotton products and tomato products produced in Xinjiang based on information that reasonably indicates the use of detainee or prison labor and situations of forced labor. The agency identified the following forced labor indicators through the course of its investigation: debt bondage, restriction of movement, isolation, intimidation and threats, withholding of wages, and abusive living and working conditions.
The deployment of the Aluminum Import Monitoring and Analysis (AIM) system scheduled for January 25, 2021 has been delayed until March 29, 2021. The AIM system website consists of an online aluminum import license application platform and public monitoring. This delay means that licenses will not be required for covered aluminum products until the new implementation date.
The U.S. Trade Representative has determined to suspend the tariff action in the Section 301 investigation of France’s Digital Services Tax (DST). The additional tariffs on certain products of France were announced in July 2020 and were scheduled to go into effect on January 6, 2021. The U.S. Trade Representative has decided to suspend the tariffs of the ongoing investigation of similar DSTs adopted or under consideration in ten other jurisdictions. Those investigations have significantly progressed; however, have not yet reached a determination on possible trade actions. A suspension of the tariff action in the France DST investigation will promote a coordinated response in the ongoing DST investigations.