Japan is reportedly resisting being arm-twisted into adopting the same managed trade deal that the US forced on the EU and other countries in lieu of just lifting the dubious Section 232 tariffs on steel and aluminum imposed by former President Trump. Japan, like the rest of the US’s Pacific allies, wants it to join […]
At last, a WTO success: services liberalization
The services pact should benefit the US, which is the world’s largest exporter of services. Meanwhile, the US, EU, and Japan are discussing ways to counter at the WTO the market-distorting practices of non-market economies — namely, China’s. Separately, the US and EU are also holding discussions on strategic cooperation in the Indo-Pacific region, where […]
US-Japan steel-aluminum tariff talks start but LDCs fear US-EU carbon border adjustment plans
The November 15th, 2021 trade report with L.C. The US and Japan are moving closer to an agreement in the dispute over the US Section 232 steel and aluminum tariffs. US Trade Representative Katherine Tai and Commerce Secretary Gina Raimondo released a joint statement on November 12 announcing the “start of consultations” with Tokyo on […]
Administration favors costly welfare and climate policies over US trade and allies
Despite major election losses, the Biden administration keeps neglecting US farmers and industry — and strategic allies Japan and UK — in order to pursue expensive welfare entitlements and Net Zero climate programs sought by the Democratic Party left. The November 8th, 2021 trade report with L.C. There is a split over China policy within […]
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 […]
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