Insights
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Time Is Running Out to Address Trade Frictions. For Effective WTO Reform to Happen, the US, EU and China Need to Live Up to Their Responsibilities
All three of the WTO’s functions - administering multilateral trade rules, serving as a forum for trade negotiations, and providing a mechanism to settle trade disputes - are currently under...
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‘Appetite for Friction’ – Trump Policy Towards China
According to Frank Lavin, former US Under Secretary of Commerce for International Trade, ‘trade negotiations should focus on managing what’s good rather than managing what’s bad'. However, US...
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Risks to the EU from a US-China Trade Agreement
After the United States imposed $250billion of tariffs on Chinese goods based on its determination, under U.S. Section 301 of the Trade Act of 1974, that China had violated trade agreements with the...
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What Does the Future Hold for US Trade Policy?
Last year was a difficult year for free trade and the international rules-based system. No doubt the US played an important role in this: It threatened old trade partners like Canada and the EU with...
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Huawei, Which Way? Perceptions and US-China Relations
Following the global financial crisis in 2008, the G-2 framework of a global strategic partnership was seen among observers as the way forward for US-China relations. Ten years later and the focus is...
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US Import Tariffs on Steel Threaten the US Economy
Two weeks ago, the US Department of Commerce released its long-awaited Section 232 reports on steel and aluminum. The reports presented the US Department of Commerce’s findings that imports of...
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What’s the Economic Impact of Brexit and the US Withdrawal from TPP?
Dr Kenichi Kawasaki, Professor at the National Graduate Institute for Policy Studies (GRIPS) in Tokyo and a leading expert on quantitative modelling of trade liberalisation, revisited ECIPE on March...
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A US Retreat from TPP: What Does Services Trade Tell Us?
During last weekend’s summit meeting of Asia-Pacific leaders in Peru, President Obama made the case that failure to sign on to TPP would “undermine our position across the region”. It would...
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Time to Resist Dovish Temptations?
On Thursday, the Federal Reserve might raise interest rates for the first time in nine years (figure 1). However, this decision is still surrounded by uncertainty. On one hand, the US economy has...
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TPP Giving Mad Men a Run for Their Money
As reported by our friends at the FT, President Obama paid a visit to the Pacific Rim (Portland, Oregon to be precise) to campaign for the TPP agreement. The Democrats are deeply...