* But US and EU agricultural protectionism remains a scandal — harming consumers in the advanced sector with severe food price inflation and farmers in the developing sector whose price-depressed products are blocked from sale to US and EU consumers; * A US-EU dispute remains over the EU’s discriminatory plans for the US tech giants;* […]
Allies keep trade alive without Biden administration help
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 […]
EU moves toward adopting “Anti-Coercion Instrument”
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 […]
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 […]
USTR Katherine Tai tells WTO that trade is about other things than trade
The October 11th to October 17th, 2021 trade report with L.C. US Trade Representative Katherine Tai was in Europe this past week, where she delivered a speech about “the WTO’s important role in the global economy.” The original purpose of the WTO was to increase global prosperity by expanding world trade. That, however, is not […]
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