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Congress grills USTR Tai on US Trans-Pacific Partnership absence, vaccine rights giveaway

May 17, 2021 by Richard Schulman Leave a Comment

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 […]

Filed Under: Trade  Tagged: CPTPP (new 11-nation TPP), Katharine Tai, Sen. Ben Cardin (D-MD), Sen. John Cornyn (R-TX), Sen. Mike Crapo (R-ID), TRIPS, worker-centered trade policy

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

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