U.S. and Europe Will Suspend Tariffs on Alcohol, Food and Airplanes

The governments agreed to temporarily suspend tariffs on billions of dollars of products as they search for a settlement to a long-running clash over subsidies given to Airbus and Boeing.

#airbus-industrie, #airlines-and-airplanes, #boeing-company, #customs-tariff, #european-union, #international-trade-and-world-market, #office-of-the-united-states-trade-representative, #world-trade-organization

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Biden’s Pick for Trade Representative Promises Break With Past Policy

Katherine Tai, the nominee to be America’s chief trade negotiator, declined to give policy specifics on tariffs and trade agreements, but laid out a broad vision of a more equitable trade policy.

#biden-joseph-r-jr, #income-inequality, #international-trade-and-world-market, #tai-katherine, #trans-pacific-partnership, #united-states-economy, #united-states-politics-and-government, #united-states-mexico-canada-agreement, #world-trade-organization

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Biden’s Pick for Trade Representative Promises Break With Past Policy

Katherine Tai, the nominee to be America’s chief trade negotiator, declined to give policy specifics on tariffs and trade agreements, but laid out a broad vision of a more equitable trade policy.

#biden-joseph-r-jr, #income-inequality, #international-trade-and-world-market, #tai-katherine, #trans-pacific-partnership, #united-states-economy, #united-states-politics-and-government, #united-states-mexico-canada-agreement, #world-trade-organization

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Biden on ‘Short Leash’ as Administration Rethinks China Relations

The Biden administration is under intense pressure to maintain former President Donald J. Trump’s curbs on China, even as it tries to develop a more comprehensive and effective strategy.

#biden-joseph-r-jr, #china, #customs-tariff, #embargoes-and-sanctions, #huawei-technologies-co-ltd, #human-rights-and-human-rights-violations, #international-trade-and-world-market, #presidential-transition-us, #trump-donald-j, #united-states-international-relations, #united-states-politics-and-government, #world-trade-organization, #xi-jinping

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W.T.O. Officially Selects Okonjo-Iweala as Its Director-General

Dr. Ngozi Okonjo-Iweala, the first woman and the first African to serve in the post, said she would make global economic recovery from the pandemic a priority.

#appointments-and-executive-changes, #coronavirus-2019-ncov, #international-trade-and-world-market, #okonjo-iweala-ngozi, #world-trade-organization

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W.T.O. Set to Gain New Chief, but Deep Issues Remain

The appointment of the Nigerian economist Ngozi Okonjo-Iweala to lead the World Trade Organization removes one obstacle, but the group’s future remains uncertain.

#biden-joseph-r-jr, #international-trade-and-world-market, #katherine-tai, #lighthizer-robert-e, #mark-wu, #ngozi-okonjo-iweala, #office-of-the-united-states-trade-representative, #world-trade-organization

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Ngozi Okonjo-Iweala Set to Become W.T.O.’s First Female Leader

Her path was cleared after Yoo Myung-hee, the South Korean trade minister, announced she was withdrawing from consideration to head the World Trade Organization.

#appointments-and-executive-changes, #biden-joseph-r-jr, #international-trade-and-world-market, #okonjo-iweala-ngozi, #trump-donald-j, #united-states-international-relations, #united-states-politics-and-government, #world-trade-organization, #yoo-myung-hee

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One Vaccine Side Effect: Global Economic Inequality

As Covid inoculations begin, the economic downturn stands to be reversed, but developing countries are at risk of being left behind.

#european-union, #income-inequality, #international-trade-and-world-market, #labor-and-jobs, #third-world-and-developing-countries, #united-states-economy, #world-health-organization, #world-trade-organization

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The W.T.O. Is Having a Midlife Crisis

Fixing the global trading system means first coming to grips with why it is broken.

#appointments-and-executive-changes, #banking-and-financial-institutions, #economic-conditions-and-trends, #international-trade-and-world-market, #okonjo-iweala-ngozi, #united-states-economy, #world-trade-organization

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Want Vaccines Fast? Suspend Intellectual Property Rights

Otherwise, there won’t be enough shots to go around, even in rich countries.

#astrazeneca-plc, #bayer-ag, #brazil, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #gilead-sciences-inc, #india, #intellectual-property, #inventions-and-patents, #moderna-inc, #pfizer-inc, #remdesivir-drug, #shortages, #south-africa, #united-states, #vaccination-and-immunization, #world-trade-organization

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Donald Trump’s Foreign Policy Hurt American Alliances

It has become impossible for democracies to believe it is in their interest to take Trump’s America seriously.

#biden-joseph-r-jr, #european-union, #merkel-angela, #north-atlantic-treaty-organization, #politics-and-government, #putin-vladimir-v, #republican-party, #trump-donald-j, #world-health-organization, #world-trade-organization, #xi-jinping

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After Trump, Will International Relations and Trade Ever Be the Same?

And it won’t come back even if and when he’s gone.

#biden-joseph-r-jr, #customs-tariff, #north-atlantic-treaty-organization, #presidential-election-of-2020, #protectionism-trade, #trump-donald-j, #united-nations-framework-convention-on-climate-change, #united-states-international-relations, #world-health-organization, #world-trade-organization

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A Biden Win Could Renew a Democratic Split on Trade

Democrats have been unified by their desire to oust President Trump. But if that happens, deep divisions on the issue of trade are likely to reappear.

#biden-joseph-r-jr, #commerce-department, #embargoes-and-sanctions, #federal-trade-commission, #international-trade-and-world-market, #national-security-council, #north-american-free-trade-agreement, #organized-labor, #presidential-election-of-2020, #trans-pacific-partnership, #united-states-international-relations, #world-trade-organization

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Europe Wonders if It Can Rely on U.S. Again, Whoever Wins

America’s deeply polarized politics have marked foreign policy, too, undermining Washington’s authority and reputation for reliability.

#europe, #european-union, #group-of-seven, #international-trade-and-world-market, #macron-emmanuel-1977, #merkel-angela, #north-atlantic-treaty-organization, #politics-and-government, #presidential-election-of-2020, #strategic-arms-reduction-treaty, #trump-donald-j, #united-nations-framework-convention-on-climate-change, #united-states-international-relations, #united-states-politics-and-government, #world-health-organization, #world-trade-organization

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With Brexit Clock Ticking, Boris Johnson Vows, Again, to Walk Away

The prime minister blew up over what he called Europe’s insistence that Britain make all the compromises. But Europe says it still wants to talk.

#barnier-michel, #coronavirus-2019-ncov, #english-channel, #europe, #european-commission, #european-union, #fish-and-other-marine-life, #france, #great-britain, #great-britain-withdrawal-from-eu-brexit, #international-trade-and-world-market, #johnson-boris, #merkel-angela, #politics-and-government, #von-der-leyen-ursula, #world-trade-organization

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W.T.O. Says American Tariffs on China Broke Global Trade Rules

A World Trade Organization panel said Tuesday that the United States violated its rules by imposing tariffs on China in 2018, drawing an angry response from the Trump administration.

#customs-tariff, #intellectual-property, #international-trade-and-world-market, #politics-and-government, #trump-donald-j, #united-states-economy, #world-trade-organization

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Joe Biden’s China Journey

As a United States senator, he spoke of transforming China through trade. As a presidential candidate two decades later, he denounces it as a “dictatorship.”

#biden-joseph-r-jr, #china, #communist-party-of-china, #human-rights-and-human-rights-violations, #international-relations, #international-trade-and-world-market, #obama-barack, #presidential-election-of-2020, #senate, #trump-donald-j, #united-states-international-relations, #united-states-politics-and-government, #world-trade-organization, #xi-jinping

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Trump Administration to Push for ‘Reset’ of Global Tariffs

Planned remarks to Congress by the administration’s top trade adviser on Wednesday appear to portend a continued fight with the World Trade Organization.

#customs-tariff, #house-committee-on-ways-and-means, #international-trade-and-world-market, #lighthizer-robert-e, #senate, #trump-donald-j, #united-states-politics-and-government, #world-trade-organization

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China Doesn’t Want a New World Order. It Wants This One.

Why would China go to the trouble of capsizing the global order when it can simply take it over?

#china, #communist-party-of-china, #international-monetary-fund, #international-relations, #united-nations, #united-states, #world-bank, #world-health-organization, #world-trade-organization, #xi-jinping

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W.T.O. Chief Quits Suddenly, Adding to Global Turmoil

Roberto Azevêdo, director-general of the World Trade Organization, has been a proponent of international cooperation, putting him at odds with the Trump administration.

#azevedo-roberto-carvalho-de, #coronavirus-2019-ncov, #geneva-switzerland, #international-trade-and-world-market, #trump-donald-j, #united-states, #world-trade-organization

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Global Trade Sputters, Leaving Too Much Here, Too Little There

As the pandemic stretches on, consumers and businesses could run short of some products in months to come.

#azevedo-roberto, #coronavirus-2019-ncov, #dairy-products, #drugs-pharmaceuticals, #factories-and-manufacturing, #international-trade-and-world-market, #laptop-computers, #medical-devices, #ships-and-shipping, #shortages, #world-trade-organization

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