Trade

  • Pereira Joins i24 News to Discuss New NAFTA Negotiations


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  • Is Imported Aluminum a Threat to American National Security?

    As with steel, it isn’t now, and it won’t be in the future.

    National security, the late economist Merton Miller once reminded me, gets invoked to justify all sorts of tomfoolery. Last month, I wrote about the Trump Administration’s Section 232 investigations into steel imports, concluding that they were simply not a threat to national security. Indeed, as the editors of the Wall Street Journal wrote last week, “the case against steel tariffs is so overwhelming that it’s hard to believe even [Commerce Secretary] Ross can find a way to justify it.” The Trump Administration is also considering imposing duties on aluminum imports, and has opened another investigation under Section 232...

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  • Keeping TTIP Alive By Any Other Name!

    US President Donald Trump has been outspoken in his opposition to multilateral trade agreements.  He will seek only to sign bilateral agreements in order to leverage the strength of the United States, the larger economy in any negotiation.  In such an environment, the Transatlantic Trade and Investment Partnership (TTIP), a free-trade agreement between the United States and the European Union (EU), is unlikely to survive in its original form.

    As indicated by Trump’s rhetoric, the new US administration seems ready to give up the principles of openness, not just in the sphere of economics, that have greatly benefited the entire world. Future generations of Europeans and Americans will pay for this mistake if leaders on both sides of the Atlantic do not pave the way for an alternative agreement, keeping the talks alive. The new reality calls for a rethinking of TTIP, not its abandonment.

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  • What Would a Taiwan Strait Crisis Mean for the UAE?

    Donald Trump’s decision to be the first US president/president-elect to speak with a Taiwanese leader since 1979 has unleashed anger in mainland China. Condemning Trump’s conversation with President Tsai Ing-wen, China’s Foreign Ministry declared that if Washington fails to respect Beijing’s interests in Taiwan, the “healthy development of China-US relations and bilateral cooperation in important areas is out of question.” A leading American expert on cross-strait relations wrote in the Washington Post that Trump’s “apparent careless indifference” to the One China policy “runs the risk of grossly destabilizing US-China relations, and even...
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  • EU bolsters trade defense, renews Russia sanctions

    THIS WEEK'S KEY TAKE-AWAYS

    • EU strengthens anti-dumping measures, angering China
    • Ukraine trade deal adapted to Dutch demands
    • Leaders of EU-27 agree Brexit transition plan

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  • Uncertainty in Italy after referendum and Renzi resignation

    THIS WEEK'S KEY TAKE-AWAYS

    • Future of Italian banks after referendum in limbo
    • German company caught in crosshairs of US-China spat
    • EU accuses US of violating Open Skies agreement
    • European Central Bank opts for longer but lower QE

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