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What is a Tariff Anyway?

Posted by on Sep 9, 2018 | 0 comments

Follow Email A few weeks ago (July 2018), I led a seminar on international trade for high school students which brought home to me how much misunderstanding exists about what is a tariff. The assumption was that tariffs are inherently protectionist. The current use of tariffs by the Trump Administration to protect the U.S. steel and aluminum industry makes it easy to reach that conclusion. But many countries impose tariffs on products even...

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UK Brexit Proposal: Services and Investment

Posted by on Aug 7, 2018 | 0 comments

Follow Email UK Brexit Proposal: Services and Investment   Freedom of businesses and professionals to provide services anywhere within the European Union(EU) is a core principle governing the EU Single Market for Services. And the EU single market has been good to UK service providers – UK firms provided over 14% EU audit and accountancy imports in 2016; and UK-located banks underwrote about ½ of the debt and equity issued by EU...

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Trump Trade Agenda

Posted by on Apr 15, 2018 | 0 comments

Follow Email The Trump trade agenda is in the news. Since January (2018), the Trump Administration has imposed tariffs on steel and aluminum imports, started a trade war with China, and re-negotiated the 6-year old Korea-US Free Trade Agreement (KORUS). The Administration also continues NAFTA re-negotiations and most recently is considering having the U.S. re-join the Trans Pacific Partnership (TPP) Agreement left within three days of Trump...

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Trade Watch 2018: Brexit

Posted by on Apr 1, 2018 | 0 comments

Follow Email On March 29, 2019 the United Kingdom (UK) is scheduled to leave the European Union (EU). On what terms? What will Brexit mean for the future of the UK’s trading relations with the EU and the rest of the world? Just over a year ago (on March 29, 2017), UK Prime Minister, Theresa May, informed the EU of its intention to withdraw from the European Union. Her act honored the outcome of the June 23rd Brexit referendum.This act...

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Do Gender Issues Belong in a Trade Agreement?

Posted by on Mar 19, 2018 | 0 comments

Follow Email Do gender issues belong in a trade agreement? “Yes!”, says Canada. The updated Canada – Chile Free Trade Agreement contains a gender chapter, the first of its kind for a G-20 country. And Canada has proposed that a gender chapter also be included in re-negotiated North American Free Trade Agreement (NAFTA). This chapter would be modeled along the lines of the one in the Canada-Chile FTA. Why do gender issues belong in a...

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Trade Watch 2018: NAFTA Renegotiations

Posted by on Feb 27, 2018 | 1 comment

Follow Email The threat to “Kill NAFTA” was a consistent promise of Trump as a presidential candidate. Instead, while the threat remains, on May 18, 2017 the Trump Administration announced its intention to renegotiate the North American Free Trade Agreement (NAFTA). To what end? And what is the status of NAFTA renegotiations? As of February, 2018, the three parties – Canada, Mexico, and the United States – have completed six...

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