Trump tariffs and NAFTA re-do prompt increase in trade lobbying
“Besides direct lobbying of the executive branch and Congress, businesses and trade groups have been trying to get information into the public domain to influence public opinion about the negative effects of tariffs, said trade lawyer David Cohen of Sandler, Travis & Rosenberg, PA.
‘Lobbying efforts throughout the year have mostly walked a thin line of trying to support the legitimate wrongs that have served as the underpinnings and justification of the tariffs while objecting vehemently to the means the president is using to accomplish his goal,’ Cohen said.”
China resists U.S., EU talks on global digital trade deal, sources say
“The e-commerce move is emblematic of how what some see as a brewing Cold War between the U.S. and China is casting a shadow over global trade in a way that may have lasting consequences. An e-commerce agreement struck without China, which is expected to do $5.5 trillion in online sales this year, would raise the prospect of China’s increasingly powerful online companies like Alibaba Group Holding Ltd. and Baidu Inc. continuing to operate under a different set of rules from their U.S. and European rivals.”
Honduras proposes tweaks to WTO rules to resolve judicial crisis
“U.S. Ambassador Dennis Shea has repeatedly complained about the appeals system, including routine flouting of a 90-day deadline and judges continuing to work on their existing cases even after they have officially stepped down. Honduras said it wanted to foster a discussion and proposed several ideas, including making the deadline refer to working days rather than calendar days, excluding the time needed for translation, and possible extensions if there were many appeals.”
[Channel News Asia]
Laos eliminates tariffs on most ASEAN goods
Under the ASEAN Trade in Goods Agreement “Laos is only able to maintain import tariffs on some goods which it sees as essential for economic stability. In this regard, the government has left the level of import tariffs unchanged on 325 items.”
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