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 […]
Biden vs Canada; AMLO vs the US
World trade and the Indo-Pacific aside, the Biden administration has problems closer to home. It has taken actions against Canada that hurt both that country and the US, and it is facing damaging actions not of its doing from Mexico’s authoritarian leftist president AMLO. The November 29th, 2021 trade report with L.C. On November 26th, […]
China tries to counter AUKUS setback with CPTPP application
The weekly trade report with L.C. Beijing made it official this week: China is formally asking to join the CPTPP. The process ahead for it is expected to be long and difficult and quite likely unsuccessful. China’s announcement came, probably not accidentally, a day after the US, Australia, and the UK announced on September 15th […]
Multiple China abuses, Swiss sovereignty, Canadian dairy quotas, and US tire tariffs
Two Biden administration actions directed against China — the American Innovation and Competition Act — and the blacklisting of the abusive Chinese fishing company, Dalian Ocean Shipping, are contradicted by the administration’s proposed waiver of US pharmaceutical patents, which would be a gift to China; Switzerland, like the UK before it, has found the EU’s […]
Lighthizer calls for US industrial policy
The weekly trade report by L.C. Addressing the Economic Club of New York on June 4th, US Trade Representative Robert Lighthizer declared: “After the [pandemic] crisis is over, we have to have an industrial policy that assures the US has in any future crisis the ability to manufacture at home all the things that we […]
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