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 […]
US, lacking trade policy, concedes field to China
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 […]
Shared China concerns trump trade in US-Japan heads-of-state meeting
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 […]
The Biden tax and spending program will destroy the American economy
The Biden tax program is to economics as the Biden green energy program is to science. by Richard Schulman The Biden tax programs can’t pay off the huge debt the administration is incurring. Corporate investment will suffer, as will workers’ income. The Biden administration’s American Jobs Plan (AJP) introduces multiple important changes to the US […]
Bipartisan agreement on batteries, China, but OECD battle ahead
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 […]
