Biden’s reluctant approach to free trade draws backlash

“The dispute, which centers on which countries can receive benefits under the Inflation Reduction Act, has caused significant rifts with foreign governments and drawn blowback from Congress. And it is helping to reignite a debate over whether the United States should be working to break down trade barriers with other countries — or keep them intact in an attempt to protect American workers.”

[The New York Times]

Britain, building post-Brexit ties, to join trans-Pacific trade pact

“Britain has agreed new post-Brexit trade deals with Australia and New Zealand, and agreed an FTA with Japan in 2020. It is also in talks with Canada and Mexico over new FTAs, after it rolled over previous EU trade deals at the end of 2020.”


Japan restricts chipmaking equipment exports as it aligns with U.S. China curbs

“The U.S. needs the cooperation of industry heavyweights Japan and the Netherlands for its measures to be effective and to ensure its companies do not face a competitive disadvantage.”


Trade court nixes bid for interest on duty refund

“The shipments in this case were not protested and had been liquidated, and three prior disclosures [the company] made pertaining to the shipments meant the company was partially responsible for the dispute, the judge said.”


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