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 […]
Japan, Europe resist China’s demands they shun Taiwan
The weekly trade report with L.C. Taiwan’s diplomatic isolation in the face of Chinese threats seems to be coming to an end: Japan is promoting Taiwan’s entry to the CPTPP. Parliamentarians from the Japanese (LDP) and Taiwanese (DPP) ruling parties met virtually on August 27th, an unusual occurrence indicative of Tokyo’s efforts to warm its […]
Biden admin: neglect world trade, increase world taxes
Most governments, hating low taxes, have just endorsed the Biden-Yellen proposal to create a world minimum tax cartel of at least 15%. Meanwhile, the Biden administration hasn’t bothered to renew Trade Promotion Authority, underlining its indifference to expanding US trade abroad. Nor, in a policy that benefits China, has it stopped knee-capping the World Trade […]
Taiwan and the TPP get renewed attention
* More US Senate, business, and allied pressure to join TPP, also just favorably reviewed at the WTO;* Administration’s ban on Uyghur forced-labor polysilicon from China conflicts with its solar push; Senate Foreign Relations approves Uyghur protection bill;* Trade talks with Taiwan start this Wednesday, and some US vaccines will go to Taiwan despite Chinese […]
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 […]
