Why USTR no longer runs trade
“The rising power of the Commerce Department is entrenching a fundamental shift in the direction of U.S. trade policy, which has been moving away from nurturing the rules-based trading order and toward building U.S. competitive advantage, especially in the growing rivalry with China.”
[Foreign Policy]
Dutch to restrict semiconductor tech exports to China, joining U.S. effort
“The U.S. in October imposed sweeping export restrictions on shipments of American chipmaking tools to China, but for the restrictions to be effective it needs other key suppliers in the Netherlands and Japan, who produce key chipmaking technology, to agree. The allied countries have been in talks on the matter for months.”
[Reuters]
Alternative to WTO trade arbitration gains steam as Japan joins
“Japan, a regular user of the WTO dispute system including in a recent case with South Korea, is the 26th member to join the alternative arrangement, according to the MPIA website. Parties include the European Union, Canada and Brazil.”
[Reuters]
Canada bans aluminum, steel imports from Russia
“The ban comes as a 200% tariff on Russian aluminum imports announced last month by the United States came into effect, and after the European Union blocked Russian steel products last year.”
[The Moscow Times]
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