The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced that the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion

in January, revised. U.S. International Trade in Goods and Services Deficit... [...]

This is a guest post from Christian Häberli of the World Trade Institute This is a guest post from Christian Häberli of the World Trade Institute The Great Taboo – Or will

somebody please tell me where I am wrong? [...]

U.S. trade policy is grabbing most of the headlines these days, but EU trade policy has seen some big changes as well. Rafael Leal-Arcas sends the following summary of his

new book on EU Trade Law: [...]

Defendant Placed Packages on Flights from JFK Airport to Beijing at the Direction of Military Officers Assigned to the Chinese Mission to the United Nations Ying Lin pleaded

guilty to acting as an agent of the People’s Republic of China... [...]

This is a key passage from the ITC's USMCA report: Provisions That Reduce Policy Uncertainty for International Data Transfer, Cross-border Services, and Investment Many of

the provisions in USMCA represent commitments to maintaining current regulatory conditions. [...]

Japanese authorities have extradited to the United States two former executives of a Las Vegas, Nevada, investment company in connection with their alleged roles in a $1.5

billion Ponzi scheme. Assistant Attorney General Brian A. Benczkowski of the Justice Department’s... [...]

This seems to be a key part of the ITC's USMCA report (pp. 43, 58): Of the eight USMCA components included in the economy-wide model, provisions that reduce policy uncertainty

about international data flows, cross-border services, and investment, as well as certain automotive rules of origin, have the most significant impact on the estimated [...]

This is from the IP section of the ITC's USMCA report (starts on p. 213): Modeling of Changes to Key IPR Provisions The Commission’s quantitative assessment of the effects

of key IPR changes in USMCA identifies the statistical relationships between trade in certain IPR-intensive manufacturing sectors and increased IPR protections under [...]

This is the ISDS section of the ITC's USMCA report (starts on p. 199, footnotes omitted): Modeling of Changes to Key ISDS Provisions The Commission’s quantitative assessment

of the ISDS provisions sought to identify how the changes in ISDS provisions could affect the U.S. [...]

Here's the headline number from today's ITC report on the impact of USMCA: The Commission’s model estimates that USMCA would raise U.S. real GDP by $68.2 billion (0.35 percent)

and U.S. employment by 176,000 jobs (0.12 percent). The model estimates that USMCA would likely have a positive impact on U.S. [...]