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Robert Emmet Lighthizer is an American attorney and government official who is the current United States Trade Representative.After he graduated from Georgetown University Law Center in 1973, Lighthizer joined the firm of Covington and Burling in Washington, D.C.
The United States has the option of a complete decoupling from China, said President Donald Trump on Thursday (local time).
The Trump administration notified Congress on Friday that the US-Mexico-Canada Agreement (USMCA) will take effect on July 1, bringing to an end to almost three-year-old North American Free Trade Agreement (NAFTA).
US Trade Representative (USTR) Robert Lighthizer has notified Congress that the US-Mexico-Canada Agreement (USMCA), which replaces the 26-year-old North American Free Trade Agreement (NAFTA), will enter into force on July 1.
Following the footsteps of France, Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strains on the country's relations with the US, the media reported.
US Treasury Secretary Steven Mnuchin on Wednesday urged countries to "suspend" their individual digital services taxes and to wait for an international taxation agreement on the matter to be negotiated by the Organisation for Economic Cooperation and Development (OECD).
The US government has announced that it will impose tariffs of up to 100 per cent on $2.4 billion in imports of French products in response to France's tax on online services, which Washington claims discriminates against US tech firms.
China has reached a consensus with US trade negotiators on core bilateral trade issues after conducting high-level telephonic talks, the Chinese Ministry of Commerce said in a statement on Friday.
The Chinese government on Saturday confirmed the progress of trade agreement negotiations with the US and revealed that technical consultations on a part of the agreement's text had been completed.
The Office of the US Trade Representative (USTR) has said that Washington and Beijing were close to finalising sections of an accord that aims to put an end to the ongoing trade war between te two economic giants.
The US has agreed to suspend its next tariff hike on Chinese imports after two days of trade talks in Washington, reports said.