Founders Broadsheet

Reviving the classical-liberal republic

News and commentary, posted occasionally

A beneficial US-Vietnam currency settlement

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A potential tariff war with an important US trade and strategic partner has been avoided. The July 19th to July 25th, 2021 roundup of major trade developments, with L.C. The Section 301 case targeting Vietnam for currency manipulation has been concluded – amicably, without the imposition of new US tariffs. When the US Trade Representative […]

EU’s CBAM and Fit for 55 hurt business, consumers, and trade partners

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Encouraged by the Biden administration’s $3.5 trillion green plans — yet to be passed — Brussels’ EU bureaucracy is pursuing its own drastic de-carbonization plan — also yet to be passed. It controversially features tariffs on the imputed CO2 content of imports to the EU. The July 12th to July 18th, 2021 roundup of major […]

Yellen-Biden victory lap for G20 global tax hike is premature

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* G20 leaders endorse G7, OECD agreements preparing way for higher US taxes, but politics has yet to weigh in;* US Court of International Settlements gives plaintiffs preliminary win over Trump-Biden administration’s Section 301 tariffs;* FOIA request forces release of a shoddy Section 232 report justifying auto tariffs on national security grounds that its authors […]

Biden admin: neglect world trade, increase world taxes

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Most governments, hating low taxes, have just endorsed the Biden-Yellen proposal to create a world minimum tax cartel of at least 15%. Meanwhile, the Biden administration hasn’t bothered to renew Trade Promotion Authority, underlining its indifference to expanding US trade abroad. Nor, in a policy that benefits China, has it stopped knee-capping the World Trade […]

Taiwan and the TPP get renewed attention

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* More US Senate, business, and allied pressure to join TPP, also just favorably reviewed at the WTO;* Administration’s ban on Uyghur forced-labor polysilicon from China conflicts with its solar push; Senate Foreign Relations approves Uyghur protection bill;* Trade talks with Taiwan start this Wednesday, and some US vaccines will go to Taiwan despite Chinese […]