The Biden administration would target Chinese industrial subsidies rather than the intellectual property theft and forced technology transfers the Trump administration opposed. The weekly trade report with L.C. The Biden administration is considering initiating a new Section 301 – unfair trade practices — investigation of China. The target would be China’s industrial subsidies, something the […]
Japan, Europe resist China’s demands they shun Taiwan
The weekly trade report with L.C. Taiwan’s diplomatic isolation in the face of Chinese threats seems to be coming to an end: Japan is promoting Taiwan’s entry to the CPTPP. Parliamentarians from the Japanese (LDP) and Taiwanese (DPP) ruling parties met virtually on August 27th, an unusual occurrence indicative of Tokyo’s efforts to warm its […]
Climate, absurdities, and the Democrats
Four historical episodes are summarized in which a majority of scientists in a particular specialty supported false and even absurd theories. The theories that received government backing persisted decades longer than they otherwise would have and in three out of the four cases cited led to atrocities. US eugenics especially comes to mind. It encouraged […]
Trade “must take a back seat,” Blinken says
The August 9th to August 15th, 2021 roundup of major trade developments, with L.C. The Biden administration is abandoning US post-World War II leadership in trade as resolutely as it has abandoned US national security interests in Afghanistan. The consequences of the former will be as disastrous economically as the latter is proving for US […]
Pacific allies urge US to re-engage through digital trade deal
Such a deal could begin returning the US to being an active trade player in the region and help lessen Chinese economic domination of the region. All seventeen House Ways and Means Committee Republicans are unanimous in calling for enacting Trade Promotion Authority (TPA) for the Democratic president so that trade deals can be expedited […]
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