Background

Competing interests tug at Joe Biden as he mulls cutting tariffs on Chinese goods

“ I think the Biden administration will come out with something, but it’s politics. They can’t look like they’re soft on China,’ said Nicole Bivens Collinson, head of international trade and government relations at the Sandler, Travis & Rosenberg law firm. ‘This could ultimately be a 10- to 20-year problem because once you put tariffs in place, no administration is going to campaign on ‘I’m going to reduce tariffs on China.’’”

[South China Morning Post]

U.S. starts moving to fix WTO’s dispute settlement process

“In the coming weeks, U.S. officials want to see member countries meet informally every two to three weeks or so to build a consensus on how to revamp the system, before formal discussions start at the WTO, the officials say.”

[The Wall Street Journal]

South Korea to increase tariff-free import items to counter inflation

“Subject to the zero tariffs will be 100,000 tonnes of beef, 82,500 tonnes of chicken, 10,000 tonnes of powdered milk, 30,000 tonnes of pork belly and 448 tonnes of green onion, as well as coffee beans and ethanol materials. The government lifted import duties on 26 major industry and food items, such as cooking il, pork and liquified natural gas (LNG), earlier this year.”

[Business Standard]

Gambia bans exports of endangered rosewood; enforcement woes remain

“Gambia’s latest ban comes one month after the Convention on International Trade in Endangered Species of Wild Fauna and Flora, known as CITIES, suspended all international trade of rosewood from West Africa.”

[Voice of America]

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