USTR to Congress: U.S. wants to open trade talks with EU, UK, Japan, Philippines

WASHINGTON (Reuters) – U.S. Trade Representative Robert Lighthizer told members of Congress this week that the United States wants to open trade talks with the European Union, United Kingdom, Japan and the Philippines, but did not give any indication of when the administration will give formal notice.

Under the U.S. “fast track” trade rules – known as Trade Promotion Authority – the administration must give Congress 90 days notice in writing before launching new trade negotiations.

Lighthizer met with key senators on Wednesday to discuss the plans, according to two congressional aides briefed on the talks. The meeting with senators was also a formal requirement before the government can send an official notice of launching talks.

Lighthizer also said the U.S. government would like to start talks with the four key trading partners, but did not indicate when the administration will give notice. Even if the administration gives notice this week, it could not open talks until January at the earliest.

But Senator Ron Wyden, the ranking Democrat on the Senate’s Finance Committee, said on Twitter on Thursday he has “very serious concerns about undertaking trade negotiations with a Philippine president who brags about a bloody drug war that has reportedly claimed 12,000 lives.”

A spokeswoman for Lighthizer declined to comment on Thursday on his meeting with senators. Lighthizer held a similar meeting with key U.S. House members last week.

Lighthizer told a Senate panel in July that the United States was “close to beginning negotiations” with the Philippines.

“We want to have a model agreement. We want to pick (a country) where there are clear advantages to U.S. manufacturing and agricultural sales and our hope is that most of what is in that model is something we can use with other people,” he told the panel.

Lighthizer said in July a number of sub-Saharan African countries would also make good candidates for bilateral trade deals.

Reuters reported in September that police in the Philippines have killed more than 4,800 suspected drug dealers since July 2016 when Philippines President Rodrigo Duterte took office and launched an anti-narcotics campaign, as well as several thousand more by unknown gunmen who authorities have described as vigilantes, or rival gang members.

Rights groups and critics of the campaign say some of the killings were summary executions. Police deny the allegations, saying they had to use deadly force because the suspects were armed and had resisted arrest.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.