Digital Trade Agreement Brazil

4. Non-discriminatory treatment of digital products HOUSE GOP TO USTR: GET CHINA TO BUY U.S. OIL: Texas Rep. Jodey Arrington wrote a letter with 40 other Republicans, including Minority Whip Steve Scalise (R-La.) and Kevin Brady (R-Texas), a member of the Ways and Means rankings, asking Lighthizer to push China to meet its commitment to buy U.S. energy products as promised in the first trade deal. The deals have allowed the Trump administration to get a number of quick profits and generated quick profits for U.S. farmers, ranchers, lobsters and other sectors that Mr. Trump has tried to support. But they have also drawn criticism from the business community for omitted many sectors of the economy, especially those where trade negotiations tend to be the most difficult. Economic leaders have called on the government to continue negotiating broader trade agreements. The letter encourages “the development of strong rules-based commitments, necessary to deepen the bilateral trade and investment relationship between the United States and Brazil and ensure their resilience in the modern, data-driven economy.” In the face of the major challenges posed by the COVID-19 pandemic, the United States and Brazil are deepening their partnership, including through bilateral trade negotiations. The U.S.

Chamber of Commerce and Brazil-U.S. Business Council (U.S. Section) recommends that the two governments work to conclude a digital trade agreement in addition to discussions on good regulatory practices, trade facilitation, and anti-corruption. Digital technologies are critical to the adaptation of policymakers, businesses and consumers in both countries to the virus and the fight against the virus, and are expected to continue to play a central role on the road to economic recovery. Francisco Sánchez, partner at Holland & Knight and former U.S. Under Secretary of State for Commerce: “On October 19, the United States and Brazil signed a `mini` trade agreement on trade facilitation, customs administration, regulatory practices and anti-corruption. The agreement does not address the most important issue facing the economic relationship between the United States and Brazil: tariffs on raw materials. The deal appears to be a diplomatic step to keep the door open to a wider one, though unlikely. For now, the mini-deal is the best thing Trump can do without Democratic support in Congress. In Brazil, Bolsonaro is bound by Mercosur, a regional common market agreement that would have to be renegotiated for Brazil to seek a free trade agreement with the United States.

The restrictions on the deal could prove to be a missed opportunity for the United States, which is competing with China to influence the future of Brazil`s IT infrastructure. Through a memorandum of understanding, the U.S. is offering Brazil $1 billion to move away from a 5G network deal with Huawei, but that`s probably not enough…

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