On October 19, seven American solar manufacturing companies asked the government to slap 100% tariffs on Chinese solar imports alleging unfair trading practices. The Coalition for American Solar Manufacturing’s President Gordon Brinser said, “Chinese producers have used – and continue to use – continuous increases in production capacity and output, fueled by unprecedented levels of […]
Secretary of State Hillary Clinton and US Treasury Secretary Tim Geithner play host this week to the third round of a newly formed bi-lateral talks between the US and China. This is the first time the so-called US-China Strategic and Economic Dialogue (SE&D) is being held in the US. The purpose of the talks, Geithner said in his opening comments on Monday, is to look for opportunities to build closer economic ties between the World’s two leading economic powers.
Last week’s ruling by the WTO Appellate Body on the U.S. trade remedies regime went mostly unnoticed, due to the dramatic developments in Japan and Libya. However, its implications could be significant… thought not immediate. The Appellate Body reversed a previous panel decision which allowed the U.S. government to apply higher tariffs to imports from […]
by Sheila Jasanoff In May 2003, the United States and several cooperating countries filed a case at the World Trade Organization (WTO) charging the European Union (EU) with maintaining an illegal, non-science based moratorium on genetically modified (GM) food and crops. Almost three years later, in February 2006, the WTO concluded that EU inaction between […]
Ron Kirk, former Mayor of the City of Dallas and presently the Obama administration’s US Trade Representative filed suit against China with the World Trade Organization (WTO) this week, siding with the powerful United Steelworkers union, accusing Beijing of illegally subsidizing the production of wind power equipment which is an anti-competitive practice under WTO rules and harmful to American workers.
The City of Toronto, Canada – a truly international destination – was undoubtly proud to be the host of the G-20 Summit this past weekend, 26-27 June. As one of the very few developed nations hit hard by the global financial crisis, Canada grasped the opportunity to spruce up its image by investing more than $1Bn […]
A synopsis of market-moving news and developments in the Emerging Markets.
In a clear threat of economic warfare, China indicated that it may sell-off its holdings of U.S. Treasury notes in retaliation for our recent arms sale to Taiwan.
After years of decisions and appeals before the World Trade Organization, Brazil is preparing to levy sanctions on U.S. imports and intellectual property rights because of illegal export subsidies provided by the U.S. government to domestic cotton producers. Brazil initially brought the case before the WTO to demonstrate the harmful impact of such subsidies upon […]
An nation-by-nation interactive Pittsburgh G-20 Survival Guide brought to you by Global Post (www.globalpost.com) covering all the issues likely to be covered, who is leading each nation’s delegation, and other pertinent G-20 “insider” information.
One day after China’s top climate official, Li Gao, requested that his country’s export sector be exempt from greenhouse gas emissions reductions, U.S. Energy Secretary Steven Chu announced the possibility of levying a carbon tariff on countries that do not match US greenhouse gas emissions restrictions. Chu told a House science panel that such border […]
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