Breadcrumb

Every week, the USTR website will explore a new trade topic, with background information and current trade data. On July 21 and 22, U.S. Trade Representative Ron Kirk will be in Singapore at the annual Asia-Pacific Economic Cooperation (APEC) Ministerial meeting - so this week's trade topic is U.S. trade relations with APEC member economies.

Weekly Trade Focus: APEC

 

August 07, 2025

WASHINGTON – On the 200-day mark of the second Trump administration, United States Trade Representative Jamieson Greer published an op-ed in The New York Times explaining how President Trump’s trade policy is remaking the international economic order to reduce our trade deficit and deliver lasting benefits for American workers and industries.

The full text of the op-ed is below:

On October 8, 2024, China requested consultations with Türkiye with respect to the following measures concerning electric vehicles (EVs) and certain other types of vehicles originating in China: (i) additional duties on the importation of EVs from China; (ii) a requirement of an import permit certificate to import EVs and certain other types of vehicles from China (import permit certificate scheme); (iii) additional duties on the importation of other types of vehicles from China, and an exemption from those duties offered to imports benefiting from the investment incentive certificate under

August 05, 2025

WASHINGTON – The United States today announced the successful resolution of the USMCA Rapid Response Labor Mechanism (RRM) matter at the Superior Industries de Mexico, S. de R.L. de C.V. (Superior Industries) facility, located in Chihuahua, Mexico. The United States has resumed liquidation of tariffs on goods from the Superior Industries facility, which manufactures light vehicle aluminum wheels.

Actions taken by the facility to address the matter include:

Iran Trade Summary

U.S. goods and services trade with Iran totaled an estimated $838.4 million in 2024, up 3.4 percent ($27.2 million) from 2023.

U.S. total goods trade (exports plus imports) with Iran was an estimated $96.4 million in 2024. U.S. goods exports to Iran in 2024 were $90.2 million, up 52.9 percent ($31.2 million) from 2023. U.S. goods imports from Iran in 2024 totaled $6.2 million, up 178.8 percent ($4.0 million) from 2023. The U.S. goods trade surplus with Iran was $84.0 million in 2024, a 47.9 percent increase ($27.2 million) over 2023.

Bhutan Trade Summary

U.S. goods and services trade with Bhutan totaled an estimated $39.8 million in 2024, up 9.8 percent ($3.5 million) from 2023.

August 01, 2025

WASHINGTON – Last month, the Office of the United States Trade Representative held its annual awards ceremony, celebrating the remarkable achievements and notable milestones of its dedicated staff. During the program, award recipients were announced in the following categories: Ambassador’s Award, William B. Kelly Award, Excellence in Service Award, Linda Enoch Award, Erland Herfindahl Award, Superior Achievement Award, Overseas Mission Support Award, Distinguished Career Service Award, Team Award, Way to Go Award, and Length of Service Award.

July 31, 2025

July 29, 2025

WASHINGTON – President Trump’s massive deal with the European Union deepens our strategic partnership and advances America’s economic footprint, securing $750 billion in energy purchases and $600 billion in investments. The U.S.-EU Framework proves that America can maintain tariffs to shrink the goods trade deficit while expanding U.S. market access.

The announcement was quickly lauded by American farmers, agricultural associations, manufacturers, industry leaders, and lawmakers:

July 28, 2025

TURNBERRY – Today, U.S. Trade Representative Jamieson Greer issued a statement following the United States and European Union reaching a Framework for an Agreement on Reciprocal, Fair and Balanced Trade. This landmark deal provides Americans with unprecedented levels of market access in the European Union and strengthens America’s economic footprint, including $750 billion in energy purchases and $600 billion in investments.