The EU curries favor with Russia and China while taking an independent stance toward the US. The US debates decoupling from China. The WTO has a new leader who hopes to resuscitate the WTO. The Feb. 15-21, 2021 roundup of major trade developments, with L.C. The 164 member nations of the World Trade Organization just […]
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. […]
This was the trade year that was
As the year ended, the UK finally exited the EU; China with Angela Merkel’s help concluded an EU-China trade agreement (despite suggestions from Biden officials that it should wait to consult with the incoming US administration); and the departing Trump administration issued a request to the WTO that environmental shortcomings become countervailable. The weekly trade […]
Will US withdraw from Government Procurement Agreement?
Whether the US remains in the Government Procurement Agreement is being discussed by the Trump administration, but congressional opposition to leaving is strong. The administration would also like to form a coalition of nations to resist Chinese bullying of single nations, like Australia at present and South Korea previously. The weekly trade report with L.C. […]
Conflict with EU likely in 2nd Trump administration
“Crunch time” for multi-billion dollar US-EU aircraft and digital-service tax disputes; Japan joins US-Brazil proposed WTO reforms to curb Chinese violations; farmers now getting more income from US government than from ag sales The weekly trade report with L.C. Two important sources of US conflict with the EU bear watching. The first is the conflict […]