“He said Beijing had sincerely and steadily implemented the agreement, despite serious challenges posed by the coronavirus pandemic, including what he called ‘tangible steps’ on intellectual property protections and opening the financial sector. He faulted Washington for acting at the same time to impose barriers and restrictions on Chinese firms in the United States.”
[Reuters]
EU working to avoid new tariffs on the U.S. due in December, trade chief says
“With the new Biden administration we already managed to ground the Airbus and Boeing dispute. We just successfully launched a trade and technology council in Pittsburgh. And now we are indeed working very intensively also to resolve this dispute left by the Trump era which is steel and aluminum tariffs.”
[CNBC]
East Coast port volumes rise as some importers avoid West Coast congestion
“Any challenges East Coast ports may be facing haven’t deterred importers looking to avoid snags tied to the Ports of Los Angeles and Long Beach and the record volume levels they are encountering, with project44 saying carriers are ‘increasingly using the Panama Canal to reach the East Coast’ to alleviate congestion challenges.”
[Supply Chain Dive]
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