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What is the Comprehensive Progressive Trans-Pacific Partnership?

One of the largest and most comprehensive trade agreements in the world may soon get even bigger. We’re talking about the Comprehensive Progressive Trans-Pacific Partnership (CPTPP), an 11-country pact that the United Kingdom has officially expressed interest in joining. Below is a primer on the CPTPP, why it’s important and what we should expect in the days and months ahead.

By |2021-02-10T22:05:51+00:00February 10th, 2021|Categories: Adam Taylor, Trade|Tags: , |

When protectionism goes from bad to downright ugly

Earlier this week the Biden administration once again made protectionism official U.S. trade policy in issuing the Executive Order on Ensuring the Future Is Made in All of America by All of America’s Workers. Of course this is not new. Whether Republicans or Democrats occupy the White House, protectionism remains good politics as it has since the first Buy American policy came to be in the 1930s. Of course, history shows clearly that this very protectionism exacerbated the negative effects of the Great Depression. But as the saying goes, those who do not learn from history are doomed to repeat it. So here we are.

By |2021-02-01T22:02:32+00:00February 1st, 2021|Categories: Adam Taylor, Health, Trade|Tags: , , , , |

The Biden administration must hold China to account

Joe Biden’s presidency is barely one week old and already he has issued a flurry of executive orders covering everything from immigration to minimum wage and food insecurity. He’s also once again killing the Keystone Pipeline (KXL) and rejoining the Paris Agreement on Climate Change.

By |2021-01-26T21:48:13+00:00January 26th, 2021|Categories: Adam Taylor, Trade|

Canadian companies warned not to be complicit with abuses in Xinjiang

Canada's top diplomat expressed 'grave concern' on behalf of the Canadian government concerning the ongoing human rights abuses against Uyghur ethnic and religious minorities in the Xinjiang region of northwest China.

By |2021-01-19T08:31:17+00:00January 19th, 2021|Categories: China, Trade|Tags: , , , |

Trump-Style Trade Policy Is Here To Stay

With the inauguration just days away, media and the chattering classes are telling us massive change will be forthcoming. In some respects they are correct; after all, a new party and president will occupy the White House, the makeup of Congress is different and a new cabinet will be sworn in. In short, of course there will be policy changes with a new administration.

By |2021-01-15T10:06:44+00:00January 15th, 2021|Categories: Adam Taylor, Trade|

Will global trade power up the next roaring 20s?

While no one will be upset to see 2020 draw to a close, uncertainty is likely to linger into 2021 as COVID-19 vaccine rollout and efficacy becomes the predominant focus of governments worldwide. For workers, businesses and families that just want life to return to the pre-pandemic normal, patience and hope will be required. Yet there is reason to be hopeful.

By |2021-01-01T10:02:20+00:00January 1st, 2021|Categories: Adam Taylor, Trade|

3 reasons to be optimistic about global trade

While it’s of no surprise that the global pandemic has slowed the flow of global trade, there remain reasons to be optimistic about what lies ahead. Here are three issues to consider as 2020 winds down and many hope 2021 offers the fresh start everyone desperately needs. Global trade is rebounding As we noted recently, only

By |2020-12-12T09:58:28+00:00December 12th, 2020|Categories: Adam Taylor, Trade|

Will the world finally get its act together on international trade?

The OECD reported earlier this week that merchandise trade grew significantly in the third quarter of 2020, as global exports and imports rose 21.6% and 18.1% respectively. The bounce was especially big in North America. In Canada, they were up by 31.1% and 32.3%, respectively; in the US by 23.6% and 18.5%; and in Mexico by

By |2020-11-29T09:52:55+00:00November 29th, 2020|Categories: Adam Taylor, Trade|

Joe Biden and Global Trade

Here are a few issues we’re tracking as we look at what to expect now that there’s a projected change in the occupancy of the White House. No more arbitrary tariff and related threats? From Canada to Europe to China, many believe that a Joe Biden presidency means we’ve seen the last of tariffs

By |2020-11-15T09:48:52+00:00November 15th, 2020|Categories: Adam Taylor, Trade|

Two dirty words here to stay: Trade Deficit

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced earlier this week that that America’s goods and services deficit was $63.9 billion in September, down $3.2 billion from $67.0 billion in August. For simplicity, any country’s trade deficit is a measurement of the difference in value between its exports and imports. If

By |2020-11-07T09:46:03+00:00November 7th, 2020|Categories: Adam Taylor, Trade|
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