Yellen expects EV subsidy rules to prompt new trade deals
“‘We don’t have something with Europe and Japan that we consider right now to be a free-trade area, but we could negotiate an agreement,’ she said. ‘For example, there could be some agreement that has to do with trade in minerals and critical minerals and so forth.’”
[The Wall Street Journal]
WTO chief calls for global carbon price, tariff reforms
“Because countries tend to impose higher tariffs on relatively clean finished goods, but lower tariffs on often more-polluting inputs and intermediates, trade policy skews in favour of dirtier products.”
[World Economic Forum]
The return of export controls
“Successfully controlling the export of equipment and technical knowledge to potential military adversaries will require fully engaging U.S. allies, not imposing unilateral bans.”
[Foreign Affairs]
Kenya rebuilding flagging textile industry
“The Kenyan government’s Department for Industrialization aims to expand the industry and grow employment from 50,000 to 500,000 over the next five years.”
[Sourcing Journal]
How Vietnam is learning from China’s industrialization
“Many observers say Vietnam’s emphasis on sustainable development is key to its long-term success, not only because it is good for the environment, but because meeting ESG standards is now critical for global firms.”
[South China Morning Post]
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