Pressure mounts on ocean carriers to take U.S. ag exports
“One proposal put forward by Leprino is based on the ‘FastPass’ system Disney World used to let visitors pay to jump to the head of lines for rides. The idea being pushed by Leprino would allow ships to dock first if they agreed to load up on U.S. exports. Other ideas being floated include new taxes on carriers or limitations on access to unload foreign goods, Durkin said.”
COVID-19 protests threaten border trade between Canada, U.S.
“The blockade at the Ambassador Bridge between Detroit and Windsor, Ontario, prevented traffic from entering Canada while some U.S.-bound traffic was still moving, Public Safety Minister Marco Mendicino said, calling the bridge ‘one of the most important border crossings in the world.’ It carries 25% of all trade between Canada and the United States.”
WTO chief set to launch internal shake-up to revitalize organization
“The Nigerian former finance and foreign minister—the WTO’s first woman and first African leader—wants to revitalize the organization, which is struggling to conclude trade deals and facing several towering challenges.”
WTO largely sides with S. Korea in U.S. washer dispute
“An expert panel created by the WTO’s Dispute Settlement Body upheld Seoul’s claim that Washington had failed to show that imports of South Korean brands like Samsung Electronics and LG Electronics had actually increased. It also agreed that Washington had inappropriately listed domestic parts production companies who were not in competition with the South Korean makers to its list of affected industries. The WTO panel meanwhile dismissed several of Seoul’s charges in the case, including that the United States had failed to alert the global trade body to the safeguard measures in a timely fashion.”
Copyright © 2022 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.