Category Archives: Global Trade Relations

ASEAN Trade and Investment with the U.S. — They want it and we need it.

      After spending the last two weeks giving presentations and discussing global trade and investment strategies with foreign multinationals and financial institutions in Thailand, Malaysia and Indonesia here are some observations and general conclusions. … Indonesia is clearly the largest and … Continue reading

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U.S. Wins New WTO Case Against China — Electronic Payments Case — Good Domestic Politics, but Good Trade Policy?

A WTO panel has just ruled in favor of the United States in its action against China for violating the WTO services agreement (GATS) concerning China’s restrictions on electronic payment services (EPS) via credit card transactions. While this was a mixed decision … Continue reading

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JP Morgan (Trading Losses), Barclays (LIBOR fixing) and now HSBC (Money-Laundering) — Better Enforcement Needed — You Think?

What is the recent story with multinational banks? First, JP Morgan (unsupervised trading losses). Next, Barclays (LIBOR fixing). And now  HSBC (money-laundering). HSBC faces about $1 billion in fines for violating U.S. anti-money laundering controls intended to restrict financing of terrorism and other criminal activities. … Continue reading

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U.S. files yet another case against China in the WTO — Election year politics and U.S. trade policy issue — Litigation or Negotiation?

The U.S. has filed yet another case against China in the WTO / DSU. This one concerns China’s antidumping and countervailing duties on automobiles from the U.S. Is this election year politics by the administration? This case raises again the … Continue reading

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Airbus and Alabama — New Foreign Investment into States — Should this be a top priority for economic development and jobs in the U.S., You think?

Airbus has just announced the building of a $600 million plant in Alabama for production of the A320. This will generate 1,000 new jobs. This doesn’t counter sub-contractors and vendors rushing to supply the new facility. Here’s a few interesting … Continue reading

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Global Banking and Gaming LIBOR – Joint Cross-Border Enforcement, Finally.

Joint cross-border investigations by the U.S. (Commodity Futures Trading Commission , the U.S. Dept. of Justice) and the U.K. (Serious Fraud Office) have resulted in an agreement by Barclays PLC to pay $453 million in fines for illegally manipulating the inter-bank rate, LIBOR. These agreements … Continue reading

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Mexico G-20 Meeting Promises Not to Use Trade Restrictions to Promote Business — How Long Will this Last? We’ll See.

The G-20  meeting recently concluded in Mexico with a  promise by countries not to protect their businesses by restricting trade (“stand-still agreement”). This is somewhat of a success in light of creeping protectionism and the declining global economy. How long observing this … Continue reading

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Trade Protectionism and the WTO — What do the numbers show as to WTO Litigation? It’s really not clear

Trade Protectionism and the WTO — What do the numbers show as to WTO Litigation? It’s really not clear. First, let’s look at the numbers. Two  recent announcements by Global Trade Alert and the WTO indicate that  the number of protectionist … Continue reading

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Global Business and Prosperity — Ideas for Business and Policy Leaders.

        The following are quotes concerning global business and leadership from the new book BEING GLOBAL (2012), co-authored by the president-elect of George Mason University and current President of the Thunderbird School of Graduate Management, Angel  Cabrera: .. Being global really needs … Continue reading

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New U.S. – China Trade Disputes — Action is Seen Again in the ITC and the WTO.

  Two new developments concerning U.S. – China trade litigation only highlights the growing trade friction between these two countries, unfortunately. Yesterday the U.S. International Trade Commission imposed countervailing duties on Chinese wind-turbine towers alleging that Chinese manufacturers receive illegal … Continue reading

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