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Tai hosts first USMCA meeting with Canada, Mexico

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Editor’s Note: Weekly Trade is a weekly version of POLITICO Pro’s daily Trade policy newsletter, Morning Trade. POLITICO Pro is a policy intelligence platform that combines the news you need with tools you can use to take action on the day’s biggest stories. Act on the news with POLITICO Pro. ....

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NEW POLL: Majority of Voters Believe the U.S. Must Hold Countries Accountable for Trade Commitments

/PRNewswire/ Sixty percent of voters believe the United States must hold countries accountable for the commitments they made in trade agreements, according. ....

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Drug lobby asks Biden to punish countries pushing for lowering costs of coronavirus vaccines

Drug lobby asks Biden to punish countries pushing for lowering costs of coronavirus vaccines
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Drug Lobby Asks Biden to Punish Countries Pushing for Low-Cost Vaccines

The delay will undoubtedly cost countless lives and risk future, potentially dangerous mutations of the Covid-19 virus. The AstraZeneca-Oxford vaccine, initial tests showed, is far less effective against the Covid-19 variant that has spread rapidly through South Africa, for example. A prolonged pandemic will also threaten to extend and exacerbate a global economic downturn.
In response, governments around the world are considering a temporary exemption to traditional intellectual property rights in order to rapidly produce coronavirus treatments at low cost, a demand intensely opposed by American lobbyists for the pharmaceutical industry.
The push by foreign governments to unilaterally set the price and pace of production of coronavirus vaccines, drug lobbyists with the Biotechnology Innovation Organization, or BIO, argued, will place “American jobs and the workers who rely on them at risk, and impede scientific advances from reaching society.” ....

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What to Expect on Trade Policy in 2021

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There’s a new administration in town, and the NAM also has a new trade policy leader who is already out promoting manufacturers’ agenda. Ken Monahan became the NAM’s Vice President of International Economic Affairs in January after nearly six years at the organization, and he is perfectly equipped to represent the industry on these crucial issues.
Monahan recently spoke to us about the organization’s priorities for the year ahead. Here’s what you need to know.
The big picture: “The NAM’s priority is to stand up for manufacturers and manufacturing workers in the United States by ensuring that our trading partners hold up their end of the bargain, while also working to open markets for American-made exports and promote U.S. supply chains,” says Monahan. ....

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