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 […]
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 […]
UK to apply for Trans-Pacific Partnership (CPTPP) membership
Also featured: US-UK trade treaty in early discusssion, Biden endorses the Jones Act, Raimondo confirmation runs into China problems, Biden’s Buy American plans face obstacles, EU to try to resolve WTO Appelate Body crisis The weekly trade report with L.C. As expected, the United Kingdom will formally ask to join the Trans-Pacific Partnership (CPTPP) on […]
