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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)

Will China’s “wolf warrior” diplomacy over its Uyghur policy backfire?

March 28, 2021 by Richard Schulman Leave a Comment

The March 22-28, 2021 roundup of major trade developments, with L.C. China’s confrontation with the US and its allies intensified this week, moving in a direction that may be difficult to steer away from. This week’s events followed and built upon last week’s tense US-China foreign ministers meeting in Alaska. The issue now in the […]

Filed Under: Trade  Tagged: Robert Redfield, Uyghurs, Xinjiang

Trade opportunities thwarted by bipartisan protectionism

March 22, 2021 by Richard Schulman Leave a Comment

• Canadian Pacific and Kansas City Southern railroads agree to merge, forming “first USMCA railroad network”; • HUGE proposal for Honduras, Guatemala, and El Salvador would provide home country jobs, relieve US border crisis; • US farmers taking big export hit from US dropping out of Trans-Pacific Partnership; • US Trade Representative Katherine Tai is […]

Filed Under: Trade  Tagged: Canadian Pacific - Kansas City Southern merger, El Salvador, Guatemala, Honduras, HUGE, industrial policy, Jones Act, Katherine Tai, Trans-Pacific Partnership, US border crisis, World Trade Organization (WTO)

ARPA: corrupting the electorate with free money

March 19, 2021 by Richard Schulman 1 Comment

by Richard Schulman Good parents try to raise their children from a state of dependency into independent adults. Bad governments, by contrast, seek to turn adults back into dependent children. Dependent on government, that is. The left has a euphemism for this desired state of dependency: the universal welfare state. Republicans are describing the recently […]

Filed Under: welfare  Tagged: American Rescue Plan Act of 2021 (ARPA), Scandinavian socialism, universal basic income, universal welfare

Australia’s Cormann wins OECD race; Greens unhappy

March 15, 2021 by Richard Schulman Leave a Comment

– Australian Prime Minister Scott Morrison hosts a virtual Quad leaders meeting on March 12th; – Secretary of State Blinken and Defense Secretary Austin will cross Pacific to meet with their Japanese and South Korean counterparts prior to a high-level US-China meeting in Anchorage, Alaska;– Japanese Prime Minister Yoshihide Suga will be the first foreign […]

Filed Under: Trade  Tagged: Australia, Mathias Cormann, OECD

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