Also: the United Kingdom enjoys a banner week of trade developments The May 31st to June 6th, 2021 roundup of major trade developments, with L.C. The Group of Seven deal on setting a 15% minimum corporate tax and shifting how multinational companies are taxed is not yet a done deal. The agreement was reached on […]
Multiple China abuses, Swiss sovereignty, Canadian dairy quotas, and US tire tariffs
Two Biden administration actions directed against China — the American Innovation and Competition Act — and the blacklisting of the abusive Chinese fishing company, Dalian Ocean Shipping, are contradicted by the administration’s proposed waiver of US pharmaceutical patents, which would be a gift to China; Switzerland, like the UK before it, has found the EU’s […]
China on the outs with US Congress, EU Parliament
But Biden administration does Putin a big favor The May 17th to May 23rd, 2021 roundup of major trade developments, with L.C. The bipartisan package of China-centered and tech-focused legislation promised by Senate Majority Leader Chuck Schumer (D-NY) is moving ahead on Capitol Hill, although the details of the final bill are yet to emerge. […]
Congress grills USTR Tai on US Trans-Pacific Partnership absence, vaccine rights giveaway
The May 10th to May 16th, 2021 roundup of major trade developments, with L.C. US Trade Representative Katherine Tai testified in Congress this week on President Biden’s Trade Policy Agenda. This is the document that the USTR produces early each year laying out the administration’s trade plans. During her solo appearance to explain and defend […]
Biden administration somersaults on TRIPS (patent waivers)
The May 3rd to May 9th, 2021 roundup of major trade developments, with L.C. The Biden administration reversed its previous opposition and endorsed the TRIPS waiver proposal for COVID-19 vaccines. The proposal, submitted to the WTO by India and South Africa last October, would waive patent protection for vaccines otherwise enjoyed by medical goods under […]
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