Good editorial on Tariffs and Tariff Exclusions. Downside of tariffs is more market distortion. Terrible Trump tariff and trade policy. Nationalistic protectionism doesn’t help anyone. Tariff cronyism is terrible. Biden needs to reject this asap. 12.29.20
Good Financial Times editorial. Need to fully engage with the global trading system. Trade & retraining are critical for economic development in rural areas. Negotiating & adjudicating rules by the WTO are important. Biden needs to reject Trump trade policies asap. 12.29.20.
More trade chaos from Trump’s dying days in office. We need cooperation and competition. Not confrontation. US-China relations are too important for foreign policy by personal grievance and nation-baiting. Use of the national security authority (under Commerce’s ‘Entity List’) to bar computer chip exports to China is really questionable. Part of Trump’s misguided & harmful trade policies. This is a continued distortion of national security authority delegated by the Congress. 12.19.20
Terribly NYT editorial. WTO crisis mainly caused by Trump’s nihilistic actions. Need engagement , not pathological destructiveness. Was US creation, building & adjudicating trade rules. Destroying domestic & int’l rules & institutions need to stop, now. 12.18.20
Interesting cases filed in federal courts against Qatar for financing terrorist via US banking system — when Americans were killed abroad. Under ‘US Anti-Terrorism Act.’ Convergence of national security, federal courts & extraterritoriality of US law. 12.16.30
Biden’s global trade agenda is huge. Critically important to move away from unilateralism & isolationism toward a rules-based system & multilateral organizations. Global problems need global resolutions and cooperation. Universities can help. 11.26.20
Yellen’s appointment as Secretary of Treasury is really important for international tax & trade sanction issues. Treasury Department’s authority in these areas is often overlooked, but growing rapidly. It is critical to US trade policy, foreign policy and national security. 11.25.20
Good piece on trade issues Biden will face including the TPP & China. However, many more are in need of attention — existing tariffs, trade sanctions, WTO. A host of international institutions need close attention (the WHO, OECD, EU, NATO .. 11.6.20