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New trade policies proposed by EU, in US, and at WTO

February 22, 2021 by Richard Schulman Leave a Comment

The EU curries favor with Russia and China while taking an independent stance toward the US. The US debates decoupling from China. The WTO has a new leader who hopes to resuscitate the WTO. The Feb. 15-21, 2021 roundup of major trade developments, with L.C. The 164 member nations of the World Trade Organization just […]

Filed Under: Trade  Tagged: European Union (EU), Ngozi Okonjo-Iweala, US decoupling from China, WTO

The Feb. 1-7, 2021 roundup of major trade developments

February 8, 2021 by Richard Schulman 1 Comment

* Biden admin endorses WTO majority choice for Director-General.* Aluminum tariffs reinstated on UAE.* Court of International Trade upholds Section 232 steel tariffs.* Semiconductors in spotlight.* Beijing attempts to dominate world technology standards.* AMLO turns statist,* Biden abuses Canada.* EU proposes tariff settlement with US, joint trade policy commission. with Founders Broadsheet trade columnist L.C. […]

Filed Under: Trade  Tagged: Canada, China, European Union (EU), Mexico, Ngozi Okonjo-Iweala, Section 232, semiconductors, steel and aluminum tariffs, technology standards, WTO

UK to apply for Trans-Pacific Partnership (CPTPP) membership

February 1, 2021 by Richard Schulman 1 Comment

Also featured: US-UK trade treaty in early discusssion, Biden endorses the Jones Act, Raimondo confirmation runs into China problems, Biden’s Buy American plans face obstacles, EU to try to resolve WTO Appelate Body crisis The weekly trade report with L.C. As expected, the United Kingdom will formally ask to join the Trans-Pacific Partnership (CPTPP) on […]

Filed Under: Trade  Tagged: "Buy American", CPTPP (new 11-nation TPP), Gina Raimondo, Government Procurement Agreement (GPA), Huawei, Jones Act, United Kingdom (UK), WTO Appelate Body

Outgoing administration binds incoming one only on China trade

January 18, 2021 by Richard Schulman 1 Comment

The outgoing Trump administration has implemented a number of last minute sanctions on China but left to the Biden administration what action to take regarding a currency manipulation finding against Vietnam and whether to retaliate against countries levying a discriminatory digital services tax (DST) against US internet companies. The weekly trade report with L.C. US […]

Filed Under: Trade  Tagged: Digital Services Tax (DST), Uighurs, Xinjiang

Commerce Secretary nomination rounds out Biden trade team

January 11, 2021 by Richard Schulman Leave a Comment

Commerce to get moderate Democrat Gina Raimondo as head. Trump admin pulls back on digital services tax retaliation but may rush, despite business opposition, last minute sanctions on Vietnam. China tech sanctions are levied by administration but NYSE fumbles. India is criticized at WTO for harmful tariff barriers and poor IP protection. The weekly trade […]

Filed Under: Trade  Tagged: Gina Raimondo, India, NY Stock Exchange, Vietnam

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