Conclusion of RCEP increases China’s influence as Trump administration neglects its western Pacific trade partners The weekly trade report with L.C. The Regional Comprehensive Economic Partnership (RCEP) was signed on November 15th. It took eight years of difficult negotiations. India opted out, but it represents a major accomplishment for the remaining 15 countries. These are […]
Modest trade policy changes expected if Biden elected
Trade policy is likely to change if Joe Biden is confirmed as president-elect but probably not as much as free-trade advocates had been hoping. The weekly trade report with L.C. On Saturday morning, Nov. 7th, the Associated Press took it upon itself to declare Biden to be US president-elect. The AP, a left-wing news organization, […]
Conflict with EU likely in 2nd Trump administration
“Crunch time” for multi-billion dollar US-EU aircraft and digital-service tax disputes; Japan joins US-Brazil proposed WTO reforms to curb Chinese violations; farmers now getting more income from US government than from ag sales The weekly trade report with L.C. Two important sources of US conflict with the EU bear watching. The first is the conflict […]
US rejects EU’s “Farm to Fork” initiative
US warns EU that its “Farm to Fork” initiative will hurt EU farmers, double prices, and aggravate US-EU trade conflicts — The US trade deficit and manufacturing job losses become electoral issues — The administration considers transformer tariffs and action against Chinese e-pay firms — The Quad meets in Tokyo. The weekly trade report with […]
Xi’s Plan for Full Control of Private Sector
In China, the dictatorship marches on. The US president and House prepare countermeasures to secure critical supply chains, but the administration is still harrying allies including Canada, the EU, Vietnam, Mexico, and the WTO. The weekly trade report with L.C. Chinese Communist Party Secretary-General Xi Jinping is promoting even greater Chinese Communist Party (CCP) control […]
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