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 […]
This was the trade year that was
As the year ended, the UK finally exited the EU; China with Angela Merkel’s help concluded an EU-China trade agreement (despite suggestions from Biden officials that it should wait to consult with the incoming US administration); and the departing Trump administration issued a request to the WTO that environmental shortcomings become countervailable. The weekly trade […]
Relief at UK-EU Agreement, But Whither the EU Now?
Boris Johnson has his Brexit and the EU its 27 intimidated “remainer” nations. But the Biden administration may not find the welcome it had been anticipating from a Europe that wants to be defended by the US while ignoring US security interests. The weekly trade report with L.C. On Christmas Eve the EU and UK […]
US-China reset? Probably not
China is hoping for a reset in relations with the incoming Biden administration. President-elect Biden has nominated an experienced China trade negotiator, Katherine Tai, as the next USTR. But a major reset isn’t expected soon as the Beijing regime continues suppressing its private sector. The weekly trade report with L.C. President-elect Joe Biden’s designee as […]
Opposition to China goes bipartisan and international
Congress unanimously passes bill to de-list Chinese companies on US exchanges unless they comply with US auditing requirements. China, fearing bipartisan Trump and Biden moves to unite allies, offers South Korea and Japan a trilateral free-trade agreement, erects WTO-illegal tariffs on Australia, and threatens EU and others if they support Australia or the US. The […]
