Encouraged by the Biden administration’s $3.5 trillion green plans — yet to be passed — Brussels’ EU bureaucracy is pursuing its own drastic de-carbonization plan — also yet to be passed. It controversially features tariffs on the imputed CO2 content of imports to the EU. The July 12th to July 18th, 2021 roundup of major […]
Taiwan and the TPP get renewed attention
* More US Senate, business, and allied pressure to join TPP, also just favorably reviewed at the WTO;* Administration’s ban on Uyghur forced-labor polysilicon from China conflicts with its solar push; Senate Foreign Relations approves Uyghur protection bill;* Trade talks with Taiwan start this Wednesday, and some US vaccines will go to Taiwan despite Chinese […]
Boeing-Airbus trade truce concluded but China overproduction worries continue
The June 14th to 20th, 2021 roundup of major trade developments, with L.C. The US-EU Summit held in Brussels on June 15th had a welcome trade truce as its outcome. But the strategic commentariat in the US was less complimentary regarding the whirlwind of conferences (G7, US-EU, NATO, Putin) that President Biden attended. Walter Russell […]
At G7 meet, Biden administration moves to give tax sovereignty to OECD
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 […]
