Category Archives: Global Trade Relations

U.S. Extraterritorial Legislation — Foreign Banks and Auditors, Again

      The U.S. regulatory agencies are continuing with aggressive extraterritorial application of U.S. economic legislation to foreign banks and foreign auditors under the Dodd-Frank legislation. Most recently the Federal Reserve is about to require foreign banks to increase their capital … Continue reading

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Trade Negotiations & World Politics — Is Congress Restricting the U.S. in World Politics?

          A recent op-ed in the Financial Times concludes that “[A] revival of the U.S. economy should not be confused with a resurgence of America’s role … [T]he most important emerging theme in world politics is America’s slow retreat … Continue reading

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Jimmy Beam, Time Warner and Global Trade …. Good News?

          The first two weeks of January 2014 have seen very interesting developments in global trade relations — the filing of new WTO litigation by Russia, successfully concluding the Bali negotiations, restricting U.S. litigation against multinationals, sparring in Congress over President … Continue reading

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Boeing and State Incentives — Update — What Are the Implications?

Boeing employees voted today in favor of contract and pension limitations to secure their jobs.  This was against the advice of their union leaders. This vote has convinced Boeing to keep production of the new 777X in the State of … Continue reading

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State Incentives and Jobs — Yes, Incentives are Important.

      The recent news that Boeing in the state of Washington and ESPN in Connecticut have received or about to receive millions more in state tax breaks have revived the national debate over the merit of state economic incentives to attract and … Continue reading

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Heightened U.S. Trade Diplomacy — New Rules for Newer Issues in Global Commerce — Maybe.

              The last few days of 2013 have seen two important trade developments. One, Russia filed its first WTO case (against the EU). Two, there is heightened U.S. trade activity in working with Congress to implement President Obama’s trade agenda. … Continue reading

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NSA Spying for Google — Disturbing News — We Need More Info.

Now it turns out, as reported by the New York Times that the NSA not only spies for economic  reasons relating to national security but  perhaps even for the benefit of specific U.S. multinationals. Thus, questioning the long-standing argument that the … Continue reading

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Secrecy, Social Media and Trade Negotiations — The End of Secrecy and Greater Transparency?

     It is clear that trade politics will reemerge after January 1st as a central and divisive domestic issue within the United States, once again. The Congress is going to take up ‘Fast Track’ legislation.  The TPP and TTIP are on the … Continue reading

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Currency Manipulation and Tobacco — Two Trade Issues in Search of a Solution.

    Two recent trade developments concerning currency manipulation and tobacco litigation are very interesting. These global financial and public health issues should be addressed further  in the forthcoming congressional debate next year over the renewal of ‘Fast Track’ authority (Trade Promotion Authority), which is … Continue reading

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Tobacco and ‘Fast Track’ — Should They be Liked?

          Two recent trade developments are very interesting. One, congressional negotiators have agreed upon fast track legislation that will be voted upon in January. The adoption of new fast track legislation (Trade Promotion Authority) would enhance the probability of passage of … Continue reading

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