Also: * The Group of 20 Summit meeting in Rome approves the OECD-brokered 15% minimum tax, a boost for Biden but yet to be endorsed by member-nation legislatures, including Congress. * Biden attends virtually the US-ASEAN and East Asia Summits, ending a three-year US presidential absence. * Canada and Mexico strongly protest Democrats’ proposed Build […]
Boeing-Airbus trade truce concluded but China overproduction worries continue
The June 14th to 20th, 2021 roundup of major trade developments, with L.C. The US-EU Summit held in Brussels on June 15th had a welcome trade truce as its outcome. But the strategic commentariat in the US was less complimentary regarding the whirlwind of conferences (G7, US-EU, NATO, Putin) that President Biden attended. Walter Russell […]
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. […]
Court punts on taking non-delegation case
The Supreme Court has punted on taking the non-delegation case brought before it by the AIIS, whose members hope to nullify the Trump administration’s Section 232 tariff on imported steel. Trade issues impacting Canada, Vietnam, China, and the WTO are also covered, as well as recent US visa restrictions. The weekly trade report by L.C. […]
US-EU “deal” — a quick fix but no long-term clarity
Trade correspondent L.C. reports: President Trump met with European Commission President Jean-Claude Juncker for over three hours at the White House on July 25th. The leaders emerged with what they claimed to be a significant deal on trade, though the meeting was not a formal negotiation and the outcome was vague and mainly pointed to […]
