The May 10th to May 16th, 2021 roundup of major trade developments, with L.C. US Trade Representative Katherine Tai testified in Congress this week on President Biden’s Trade Policy Agenda. This is the document that the USTR produces early each year laying out the administration’s trade plans. During her solo appearance to explain and defend […]
Biden trade policy: meet new boss, worse than old boss
Biden trade policy is shaping up to be variant of Trump’s failed protectionism: Buy American, domestic-content rules, screw allies (Canada first), a cheap dollar, Section 301 tariffs, government subsidies to the favored, and no TPP — but without the abundant, reliable, inexpensive, domestically-produced energy of the Trump administration. The weekly trade report with L.C. Biden […]
