US to open trade talks with Japan, the EU and the United Kingdom

The Trump administration on Tuesday launched an expedited process for three separate trade agreements with Japan, the European Union and the United Kingdom.

In three letters, US Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerMcConnell Urges GOP Senators to Call Trump on Tariffs, Companies Preparing for the Commercial War MORE informed Congress of its intention to open trade negotiations. Trade in goods and services reaches $ 1.5 trillion.

"Under President TrumpDonald John TrumpAuthor's Keynote Debate in Arizona Senate A major Hollywood arts firm is considering rejecting Saudi investments: the Mattis report said it thought "nothing at all" about the fact that Trump could leave the administration. MOREWe will continue to expand trade and investment in the United States by negotiating trade agreements with Japan, the EU and the UK, "Lighthizer said.

The announcement will allow for the official opening of negotiations after 90 days, but Lighthizer said negotiations with the UK would only begin when Britain finalizes its extrication from the EU. The deadline for the so-called "Brexit" is March 29th.

President Trump's aggressive trade policy has played a central role in his economic agenda.

After abandoning the Trans-Pacific Partnership, a trade agreement negotiated under 12 governments under the Obama administration, Trump decided to impose controversial tariffs on a range of trading partners, including China.

Trump argued that a firm approach would lead to better deals for the United States. Its strategy seemed to bear fruit in October when Canada joined Mexico to agree to update the North American Free Trade Agreement (NAFTA), which Congress must approve.

In July, the President of the European Commission, Jean-Claude Juncker, agreed to freeze exorbitant tariffs between the United States and the European Union and steer it towards new trade negotiations.

But the new tariffs remain in place, a problem that, according to groups of companies, could hinder the strong recent economic growth. Negotiations with China broke down, leaving tariffs on more than $ 200 billion worth of goods.

Tuesday's notices follow a 2015 law governing the TPA (Trade Promotion Authority), which requires the administration to inform Congress before opening new trade negotiations. TPA will also require the administration to publish business objectives for transactions 30 days prior to new negotiations.

"TPA guarantees that Congress and the administration will work hand-in-hand to make the new trade agreements meet the high standards necessary to advance and protect the interests of the United States and ensure continued economic growth," said the President. the Finance Committee of the Senate Senate. Orrin AxOrrin Grant HatchHatch makes fun of Warren about a DNA test showing his own results: "1/1032 T-Rex" Romney defends Trump's policy as "effective", the disputes he has run with the movement " Never Trump "GOP Freaked To Fill Vacancies At The Supreme Court By 2020 MORE (R-Utah).

Democrats also welcomed the news, but said the new agreements should address additional priorities.

"The administration needs to take the time to comprehensively address trade barriers, including using this opportunity to raise the bar in areas such as workers' rights, labor market protection, Environment and digital commerce, in a way that actually benefits workers and businesses in the United States, "said the Senate Finance Committee. Senator Member Ron WydenRonald (Ron) Lee Wyden: A Senate Task Force Chaired by a Press Stop: Hillicon Valley: Facebook Removes Accounts from "Spam" Policy | Revealed Research Shows Google's Difficulties With Freedom of Speech Online | Trump's eulogy for North Korea complicates cyber deterrence | Senators want a Google memo on a money-related privacy issue: the unemployment rate is at its lowest level in 49 years | Authorities face legal hurdles to continue tax burden against Trump | A tax narrative invites to revise the rules of succession MORE, (D-Ore.).