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Issue 4, 2001 (26 February)
 Feature Article

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Short Supply Offers Hong Kong Yarn & Textile Makers Additional Access to US Market

Under the terms of the US preferential trade programs for Caribbean Basin countries and sub-Saharan African countries, fabric and yarn manufacturers from non-beneficiary countries inlcuding those from Hong Kong may gain additional access opportunities in the US market. Both the Caribbean Basin Trade ... (full story)


 Congressional/Executive Activities

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EAA Encounters Early Opposition in Senate

On 14 February 2001 the Senate Banking Committee held yet another hearing on legislation (S 149), authored by Senator Michael Enzi (Republican-Wyoming), which would effectively eliminate export controls on most technology products. With these hearings, ... (full story)

 

Gramm Proposes US Customs Funding Expansion

Senate Banking Chairman Phil Gramm (Republican-Texas) has introduced the Drug Free Borders Act of 2001 (S 92), a bill to authorise appropriations for the US Customs Service for fiscal years 2002 and 2003. This legislation would add US$ 7.4 billion to ... (full story)

 

Senate Finance Committee Trade Agenda Takes Shape

Senate Finance Chairman Charles Grassley (Republican-Iowa) is in the process of shaping his committee's trade agenda. According to a senior-level congressional staff member, the panel's trade priorities will include the Free Trade Area of the Americas ... (full story)

 

Baucus Introduces Bill to Create Congressional Trade Office

Senator Max Baucus (Democrat-Montana), the ranking member of the Senate Finance Committee, has introduced a bill to create a Congressional Trade Office (S 274). Baucus introduced a similar bill in the 106th Congress. The measure is designed to assist ... (full story)

 

House Leadership Pushes Bush to Move Quickly on Fast Track

On 13 February 2001 House Majority Leader Richard Armey (Republican-Texas) encouraged the administration of President George W. Bush to move quickly on extending presidential fast-track trade negotiating authority, while counselling business leaders against ... (full story)

 

Crane Says China NTR Vote May Be Required Again in 2001

Congress granted China permanent normal trade relations (PNTR) status last year. However, PNTR is contingent upon China's accession to the World Trade Organisation (WTO). On 14 February 2001 House Ways and Means Trade Subcommittee Chairman Philip Crane ... (full story)

 

House Pushes to Ban Trade in Bear Parts

Congressman Elton Gallegly (Republican-California) introduced legislation (HR 397) on 6 February 2001, aimed at protecting endangered bear populations in the Americas, Asia and other parts of the world by banning trade in bear parts. The measure has mustered ... (full story)

 

2000 US Trade Deficit Hits All-Time Record, China Surpasses Japan

On 21 February 2001, the US Department of Commerce (DOC) released the nation's international trade data for 2000, showing that the US deficit in goods and services hit an all-time record of US$ 369.7 billion, up from US$ 265.0 billion in 1999. In the ... (full story)

 

US Customs to Put Out Byrd Amendment Regulations Soon

The US Customs Service is reportedly close to putting out regulations implementing the so-called "Byrd amendment". Reportedly, US Customs has struggled with the implementation of the bill. However, the proposed regulations have been drafted and are currently ... (full story)

 

O'Neill Pledges US Customs Will Fully Implement AGOA/CBTPA Provisions

US Treasury Secretary Paul O'Neill pledged on 13 February that he will personally ensure that US Customs officials will correctly interpret terms of the Trade and Development Act of 2000, which contains both the African Growth and Opportunity Act (AGOA) ... (full story)

 

ATMI to Increase Washington Presence

The American Textile Manufacturers Institute (ATMI) has announced plans to focus on its presence in Washington, DC. It will also be conducting a "top to bottom" review of the organization according to ATMI President Roger W. Chastain of Mount Vernon Mill ... (full story)

 

US Trade Agencies Face Sharp Cutbacks

Under the Clinton administration US trade agencies rose to heretofore unprecedented prominence in Washington's bureaucratic policymaking structure. This evolution was based in part to the tight personal relations between President Clinton and Commerce ... (full story)

 

NAFTA Panel Rules Against US on Mexican Trucks

A North American Free Trade Agreement (NAFTA) panel found on 6 February 2001, that the US is not entitled to impose blanket restrictions on the entry of Mexican trucks. The NAFTA panel-made up of two Americans, two Mexicans and chaired by a citizen of ... (full story)

 

New Antidumping Case on Gift Boxes from China

Simkins Industries, Inc, and Field Container Company, LP, have filed an antidumping duty (AD) petition on folding gift boxes (FGBs) from China with the US Department of Commerce (DOC) and the US International Trade Commission (USITC). ... (full story)

 

CPSC to Ban Lead-Wick Candles

The US Consumer Product Safety Commission (CPSC) voted on 14 February 2001 to begin rulemaking that could lead to a ban on candles with lead-core wicks. The ban would apply to all domestic and imported candles. It would deter manufacturers from making ... (full story)


 Others
 Related Links

For additional information on US anti-dumping (AD) and counter-veiling duty (CVD) decisions, click on:


While every effort has been made to ensure accuracy, the Hong Kong Trade Development Council, Sandler, Travis & Rosenberg, P.A. and Sandler & Travis Trade Advisory Services, Inc are not responsible for any errors. Information contained herein is not intended to convey legal advice, and receipt of it does not constitute or create an attorney-client relationship. Before you act on any information provided in this document, you should seek professional advice regarding its applicability to your specific circumstances.