* Raimondo-Tai talk-talk team does Tokyo. * US thinks WTO’s pro-EU ruling on olives is the pits. * Bipartisan USCC issues to Congress its hardline annual report on China. * The WTO’s annual report emphasizes that the highly connected global economy “has made the world more vulnerable to shocks… but also more resilient to them […]
Western Pacific powers sign RCEP free trade pact
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 […]
US-China “phase one” delayed, might be “phase last”
The weekly trade report by our correspondent, L.C. The cancellation of the November 16th-17th Asia-Pacific Economic Cooperation (APEC) summit in Santiago prevented the possible signing of a “phase one” US-China trade agreement. Both Presidents Trump and Xi Jinping had been expected to attend, making a signing ceremony easy to arrange. While an agreement could validly […]
Trump threatens Canada, NAFTA, WTO, and Congress
Trade correspondent L.C. reports: President Trump this past week issued threats against Canada, NAFTA, the WTO, and Congress. The rest of the world has been responding pro-actively by forming free-trade pacts without the US. In an intense week for the NAFTA renegotiation that followed last week’s announcement of a US-Mexico bilateral agreement, talks with Canada […]
