Until now, if an individual EU member is threatened by a non-member (as Lithuania has been by China), the EU can’t retaliate against the threatening party unless it secures the unanimous approval of all 27 EU member countries’ legislatures — a cumbersome and usually impossible procedure. But the European Commission (EC) is proposing the adoption […]
Three admin blunders: G7 Summit, Putin meet, supply-chain review
Will the US-EU Summit on June 15th do better? The June 7th to 13th, 2021 roundup of major trade developments, with L.C. Biden’s first foreign foray began with the 47th Group of Seven Summit, hosted by the UK in Carbis Bay, Cornwall, June 11th to 13th. From there, Biden goes to Brussels for a NATO […]
US, UK, and EU suspend Airbus-Boeing tariff wars
The US Trade Representative office releases its Annual Report and Agenda; WTO gets off to unpromising start despite efforts of its new Director-General, Ngozi Okonjo-Iweala; US Chamber of Commerce criticizes her vaccine proposal; Russia intelligence spreads disinformation on Pfizer and Moderna vaccines. US may raise Chinese censorship as an unfair trade issue The March 1-7, […]
New trade policies proposed by EU, in US, and at WTO
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 […]
The Feb. 1-7, 2021 roundup of major trade developments
* 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. […]