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Biden administration somersaults on TRIPS (patent waivers)

May 9, 2021 by Richard Schulman 1 Comment

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 […]

Filed Under: Trade  Tagged: COVID-19 vaccines, TRIPS, WTO

The Biden administration’s love affair with Trump’s tariffs

May 3, 2021 by Richard Schulman 1 Comment

Also: *US Trade Representative Tai’s uninformative testimony in Congress;*Biden’s “Buy American” State of the Union, in lieu of a trade policy;*US splits EU with its 21% global corporate tax proposal to the OECD;*Japan, India, and Australia launch supply chain initiative to lessen vulnerability to China;*Congress proposes bill to take on leadership in setting standards. The […]

Filed Under: Trade  Tagged: David Frum, global minimum tax, OECD, SCRI (Supply Chain Initiative)

US, lacking trade policy, concedes field to China

April 26, 2021 by Richard Schulman 1 Comment

Also featured in this week’s trade roundup:* US vs. India, South Africa over waivers for vaccine production;* Calls for US to help India overcome its pandemic surge;* Australia security conflict with China over Victoria;* New Zealand retreat from Five Eyes solidarity;* Europe’s carbon tax;* Biden’s Climate Summit fiasco;* Canada’s planned Digital Services Tax;* Administration restoration […]

Filed Under: Trade  Tagged: Australia, Canada, carbon tax, Digital Service Tax (DST), Government Procurement Agreement (GPA), India, New Zealand, TRIPS, Victoria (Australia)

Shared China concerns trump trade in US-Japan heads-of-state meeting

April 19, 2021 by Richard Schulman Leave a Comment

But speech by US Trade Representative Tai highlights shift by Biden administration to green energy focus over traditional US policy seeking expanded world trade role. The April 12-18, 2021 roundup of major trade developments, with L.C. Japan’s Prime Minister Yoshihide Suga was in Washington to meet with President Joe Biden on April 16th. This is […]

Filed Under: Trade  Tagged: China, green energy, Japan, Katharine Tai, Taiwan

Bipartisan agreement on batteries, China, but OECD battle ahead

April 12, 2021 by Richard Schulman Leave a Comment

Also: US Court of International Trade (CIT) rules against tariffs on downstream steel and aluminum products, a rare court win against the Trump administration’s Section 232 tariffs The April 5-11, 2021 roundup of major trade developments, with L.C. The Biden administration has launched an effort to get the international tax talks hosted by the OECD […]

Filed Under: Trade  Tagged: Digital Services Tax (DST), FY22 budget, global minimum tax, OECD, Section 232, Senator Bob Menendez, US Court of International Trade (CIT)

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