The services pact should benefit the US, which is the world’s largest exporter of services. Meanwhile, the US, EU, and Japan are discussing ways to counter at the WTO the market-distorting practices of non-market economies — namely, China’s. Separately, the US and EU are also holding discussions on strategic cooperation in the Indo-Pacific region, where […]
Biden vs Canada; AMLO vs the US
World trade and the Indo-Pacific aside, the Biden administration has problems closer to home. It has taken actions against Canada that hurt both that country and the US, and it is facing damaging actions not of its doing from Mexico’s authoritarian leftist president AMLO. The November 29th, 2021 trade report with L.C. On November 26th, […]
Biden admin dysfunctional trade policy finds few amigos abroad or at home
* Raimondo-Tai talk-talk team does Tokyo. * US thinks WTO’s pro-EU ruling on olives is the pits. * Bipartisan USCC issues to Congress its hardline annual report on China. * The WTO’s annual report emphasizes that the highly connected global economy “has made the world more vulnerable to shocks… but also more resilient to them […]
US-Japan steel-aluminum tariff talks start but LDCs fear US-EU carbon border adjustment plans
The November 15th, 2021 trade report with L.C. The US and Japan are moving closer to an agreement in the dispute over the US Section 232 steel and aluminum tariffs. US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo released a joint statement on November 12 announcing the “start of consultations” with Tokyo on […]
Administration favors costly welfare and climate policies over US trade and allies
Despite major election losses, the Biden administration keeps neglecting US farmers and industry — and strategic allies Japan and UK — in order to pursue expensive welfare entitlements and Net Zero climate programs sought by the Democratic Party left. The November 8th, 2021 trade report with L.C. There is a split over China policy within […]
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