Wednesday, July 9

Global Trade

INTERVIEW: Mexico’s Case Against The Gun Industry
9Jun By Patti MohrNo Comments
Arms Sales, Military Industry, Types of News: Videos

INTERVIEW: Mexico’s Case Against The Gun Industry

June 9, 2022--As attention grows in the United States about gun laws, America's neighbor on its Southern border is awaiting an outcome of its lawsuit against U.S. gun makers. Mexico is asking for injunctive relief. This is Part 1 of 2 videos where GER's Editor Patti Mohr discusses the case with Bill Slomanson, professor of law at Thomas Jefferson School of Law. He currently teaches International Human Rights Law for San Diego State University’s Osher Institute and the University of San Diego’s University of the Third Age. https://youtu.be/UfTXSsR8N24
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SNAPSHOT: UK-China Trade
6Jun By Patti MohrNo Comments
Global Trade, Types of News: Bit, Types of News: Infographic

SNAPSHOT: UK-China Trade

June 7, 2022—Trade in goods and services between China and the United Kingdom remained strong in 2021, with $79 billion in goods (£63.6 billion) from China reaching the U.K. and $23.6 billion in goods (£18.8 billion) flowing the other direction. The U.K. Office of National Statistics released the data this week. The figures include trade in services.
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‘Choice of Law’ Comes Into Play In Mexico’s Civil Case Against U.S. Gun Makers
6Jun By Patti MohrNo Comments
Arms Sales, Military Industry, Types of News: Brief

‘Choice of Law’ Comes Into Play In Mexico’s Civil Case Against U.S. Gun Makers

Photo by Sebastion Pichler June 6, 2022—Massachusetts's "choice of law" rules come into question in the civil case that Mexico brought against U.S. gun manufacturers. The Mexican government started the case against U.S. firms Smith & Wesson, Barrett Firearms, Beretta U.S.A, Colt's Manufacturing, Glock Inc., and Century International Arms, among others. While the manufacturers are headquartered in various U.S. states, Boston, MA is a hub for the distribution of firearms. "Defendants' willfully blind, standardless distribution practices aid and abet the killing and maiming of children, judges, journalists, police, and ordinary citizens throughout Mexico." Case 1:21-cv-11269-FDS, initial filing Cost to Mexico The government's attorneys filed it as a personal injury lawsuit...
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Latin American Politics Reshuffles After Russia Starts War In Europe
5Apr By Ernesto RodriguezNo Comments
Diplomacy, Global Trade, Globalization, Global Disintegration, Types of News: Analysis

Latin American Politics Reshuffles After Russia Starts War In Europe

April 5, 2022—It's still surprising how much of a wrench Russia threw into world politics when its leader in the Kremlin decided to invade Ukraine. While the effects in Europe, China, and the United States are front-page news on a daily basis, it seems like people are ignoring just how much the political game changed in Latin America. For one, it changed how we perceive certain governments in terms of their alignment. Chile's Gabriel Boric and Colombia's Iván Duque clearly condemned the Russian invasion of a free state. They also voted with 139 other countries to condemn Russia's aggressive actions. Argentina also voted with the majority of the world's countries. However, Argentina's Vicente Fernández defended Putin's invasion side-by-side with Brazil's Bolsonaro. Interestingly, jus...
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Biden Takes More Economic Actions Against Russia
11Mar By Patti MohrNo Comments
Global Trade, Globalization, Global Disintegration, Sanctions, Types of News: Brief

Biden Takes More Economic Actions Against Russia

De-Globalization Continues As Congress Targets Most-Favored Trade Status March 11, 2022—U.S. President Joe Biden announced additional economic and trade measures today that further divide U.S.-Russian business relations. Specifically, Biden said he is working with Congress to deny Russia its most-favored-nation trade status, which gives its goods preferential treatment. Congressional Trade Bills Hill lawmakers have introduced bills in the House and Senate, H.R. 6835, S. 3717 and S. 3722, to withdraw the Permanent Normal Trade Relations with Russia. It's fair to say the bills have bipartisan support in the U.S. Congress. Rep. Lloyd Doggett, D-Texas, a high-ranking member of the tax committee, is the lead sponsor of one of the bills. "Russia must be denied the benefit of the ...
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UK Moves One Step Closer To Trans-Pacific Trade Deal
23Feb By Jacob DavenportNo Comments
Global Trade, Types of News: Brief

UK Moves One Step Closer To Trans-Pacific Trade Deal

February 23, 2022—Since beginning negotiations to join one of the world’s largest trade agreements last Summer, the United Kingdom reached a major milestone this month. Signing new trade deals is a significant goal for Britain's post-Brexit strategy. After eight months of talks, the United Kingdom is moving to the final stages of joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership. That's because a CPTPP Accession committee approved moving Britain into the second phase of negotiations. The Japanese government, which is chairing the Accession Committee for the UK, confirmed that step on Feb. 18. 'Largest Free Trading Club' UK's Trade Secretary Anne-Marie Trevelyan commented on the significance of joining the trade deal. "CPTPP is one of the large...
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EU Backs Lithuania Against China Trade Restrictions
2Feb By Patti MohrNo Comments
Diplomacy, Global Trade, International Law, Legal Battles, Types of News: Brief

EU Backs Lithuania Against China Trade Restrictions

EU Commissioner meets with the Lithuanian president. Lithuania's Recognition of Taiwan is at the Center of the Trade Spat February 2, 2022--The European Union opened a dispute in the World Trade Organization against China in defense of EU-member Lithuania. The request for dispute consultations alleges that China restricted trade with Lithuania in violation of international rules governing trade. According to the EU, the trade restrictions are "novel, numerous, recurrent, and persisting" and "show a targeted prohibition or restriction" against Lithuanian goods and services. Furthermore, the complaint says, trade restrictions impact supply chains throughout the EU. Finally, the EU claims the restrictions violate the General Agreement on Tariffs and Trade 1994 (GATT). 'No Othe...
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U.S. Industry Association Cheers Congress For Advancing Semiconductor Legislation
19Nov By Steve BerlinNo Comments
Global Trade, Types of News: Brief

U.S. Industry Association Cheers Congress For Advancing Semiconductor Legislation

China May Have Head Start on Chip Making Due to Trade War November 19, 2021--This week, the U.S. Congress advanced legislation that would boost the U.S.-production of semiconductors. It comes amid concern that while Western industry feels the pinch of the global semiconductor shortage, the Chinese government may be better positioned than others to ramp up production. Last year, the Trump Administration blocked semiconductor sales by American companies and the companies with which they do business to China in the name of national security. Photo by Jonas Svidras on Unsplash China's Government Produces Chips Washington, D.C.-based data analysis firm Sayari Graph reports the Chinese government owns 13 percent of that nation’s semiconductor firms. There are more ...
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WTO Rejects All Legal Claims By China in U.S. Tariffs on Solar Imports
3Sep By Patti MohrNo Comments
Global Trade, Organizations, IMF, WTO, G7, Types of News: Brief

WTO Rejects All Legal Claims By China in U.S. Tariffs on Solar Imports

U.S. Safeguard Tariffs Set To Expire in February 2022 September 3, 2021--The world's legal body for settling trade disputes rejected a complaint yesterday by China over U.S. tariffs on solar products made in China. The World Trade Organization's Dispute Settlement body denied all of China's claims against the U.S. safeguard tariff on China-made solar materials called Crystalline Silicon Photovoltaic Products. A safeguard measure is a temporary trade restriction countries apply to an import that occurs in such high quantities that it causes serious injury to the domestic industry. They are allowed under WTO rules for emergency and temporary use. Dispute Started in 2018 In 2017, the U.S. International Trade Commission responded to a complaint by Suniva, Inc. and SolarWorld Am...
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No Foreseeable Change In US-China Trade Status, Despite Push By U.S. Businesses
11Aug By Patti MohrNo Comments
Global Trade, Political Systems, Domestic Politics, Types of News: Analysis

No Foreseeable Change In US-China Trade Status, Despite Push By U.S. Businesses

Image of port by Maksym Kaharlytskyi via Unsplash US Business Leaders Cite 'Core Structural Economic Concerns' in US-China Relationship August 11, 2021--Even as competition and disagreements intensify between the world's largest two economies, U.S. business leaders are urging U.S. and Chinese trade representatives to return to the negotiating table. More than 30 business, agricultural and trade organizations signed a letter to Treasury Secretary Janet Yellen and US Trade Representative Katherine Tai late last week. The industry leaders asked U.S. trade representatives to work with the Chinese government on implementing an existing trade deal. Furthermore, they asked for relief from tariffs and retaliatory tariffs. President Joe Biden, meanwhile, is emphasizing domestic renewal...
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