Category Archives: Global Trade Relations

Critical Trade Developments — New Global Players to Chinese Cyberespionage — It’s Now Really Interesting.

               A range of critical trade developments have recently burst upon the global trading system ranging from selecting new global players to Chinese cyberespionage for commercial purposes. It’s now really getting interesting.      Two new world trade players named — … Continue reading

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U.S. Export of Liquefied Natural Gas — Geopolitical & National Security Impact.

The geopolitical and national security implications of U.S. export of liquefied natural gas are immense. But so are the trade and foreign policy implications. The Shale Gas Revolution in the U.S. and the potential large-scale export of LNG has significant … Continue reading

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Global Tax Reform is Back — At Least Discussion on Both Sides of the Atlantic.

           Global Tax Reform is back — at least heightened discussion of it on both sides of the Atlantic.       Both the U.S. and the EU are grappling with revising their provisions concerning international taxation. There is a growing consensus … Continue reading

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10 Facts About WTO Litigation & U.S. – China Litigation.

         Here are 10 interesting facts that my current research highlights concerning WTO litigation generally and U.S. – China litigation in the WTO. Only about 1/3 of all cases filed in the WTO actually result in full litigation. (For the U.S. it’s a bit  … Continue reading

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10 BROAD & DIVERSE TRADE UPDATES — Russian Sanctions, FATCA, Alien Tort Statute, FDI Report, Cyberespionage, Foreign Banks, MNC Tax, New USTR.

     A broad range of new trade actions from both the U.S. and EU have shown renewed interest in attacking long-standing problems and some newer ones. This has been driven in part by the continued global economic slowdown and renewed … Continue reading

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Multinational Corporations and Human Rights — The Alien Tort Statute No Longer Applies.

     Yesterday the U.S. Supreme Court in Kiobel v. Royal Dutch (2013)  declared that the general presumption against extraterritoriality of U.S. legislation was not overcome (and thus upheld the presumption of territoriality of U.S. legislation unless Congress says otherwise).  The … Continue reading

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Trade Updates: Tax Havens, EU Antitrust, EU Trade Powers, Russian Sanctions, Power Politics — Diverse Developments.

          A number of diverse developments have recently occurred concerning global trade relations. They continue to evidence the broad range of  topics impacting trade across the globe. In particular, the developments relating to the U.S., the EU, and Russia are of … Continue reading

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Corruption, Taxation, National Security, Investment, National Interests — Recent U.S. Trade Developments

               Recent developments concerning foreign corruption prosecutions, taxation of multinationals, national security reviews, and criticism of U.S. trade policy as being increasingly based on national interests and power politics remind me how really diverse the field of international trade relations is … Continue reading

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States and Trade Sanctions — New Role of States Under Federal Legislation — Historical Development.

    Recent federal law   (Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010) authorizes states to impose trade sanctions on Iran.  (This legislation was amended by the National Defense Authorization Act for Fiscal Year 2012.)     The 2010 statute specifically cites and encourages divestment … Continue reading

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Virginia Agriculture Trade and the WTO — What Does this Evidence About Globalization?

The Virginia Governor’s Conference on Agricultural Exports was recently held for two days in Richmond. Who was the luncheon speaker? The former Director-General of the World Trade Organization Mike Moore. Ambassador Moore followed Virginia Governor McDonnell’s presentation. This simple fact that … Continue reading

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