Minilateralism by Chris Brummer – a book on finance, trade and monetary diplomacy
Chris Brummer shares How Trade Alliances, Soft Law and Financial Engineering are Redefining Economic Statecraft
Professor of Law : Georgetown University, and Director, Institute of International Economic Law
The European Commission’s president described the agreement as a “breakthrough” and expressed confidence that EU leaders will approve it. The bill for Brexit will amount to between £35bn and £39bn. Extensive coverage can be found here.
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Professor of Law : Georgetown University, and Director, Institute of International Economic Law
The executive director of Asian Trade Centre, a Singapore-based consultancy, writes that given the generally open nature of the U.S. economy, most companies from TPP 11 states already enjoy easy access to the U.S. Meanwhile, the 20 suspended provisions of the original TPP constitute just 28 of the 622 pages of the negotiated text. The rest of the agreement remains untouched. Her analysis can be found here.
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Professor of Law : Georgetown University, and Director, Institute of International Economic Law
The Japanese government has adopted new measures to support the domestic dairy and other sectors, after it reached broad free trade accords with the European Union and with the current 10 other member countries of the Trans-Pacific Partnership earlier this year. The story is here.
Copyright 2020, Chris Brummer, All Rights Reserved. Privacy Policy | Contact Us
Professor of Law : Georgetown University, and Director, Institute of International Economic Law
Copyright 2020, Chris Brummer, All Rights Reserved. Privacy Policy | Contact Us
Professor of Law : Georgetown University, and Director, Institute of International Economic Law
The moves are set to change the political economy of the Continent’s rule making for financial firms. Analysis by Dr. Brummer can be found here.
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Professor of Law : Georgetown University, and Director, Institute of International Economic Law
Reuters reports that the difficulties stem from a U.S. proposal to raise the minimum threshold for autos to 85 percent North American content from 62.5 percent, and to require half of vehicle content to be from the United States.
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Professor of Law : Georgetown University, and Director, Institute of International Economic Law
The TPP is poised to move along, without the United States. CNN’s analysis is here.
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Professor of Law : Georgetown University, and Director, Institute of International Economic Law
Randal Quarles is seen by European central bankers as somebody who could help break the deadlock on global capital rules. Regulators were close to a deal in Santiago, Chile over a year ago. But Trump has leaned against global agreements since his campaign. Why are central bankers optimistic?
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Professor of Law : Georgetown University, and Director, Institute of International Economic Law
The United States, Mexico and Canada are gearing up to re-negotiate NAFTA. President Trump is calling for a smaller trade deficit (the trade deficit from the U.S. to Mexico is $64 Billion).
Mexico relies heavily on the U.S. because 80% of its exports are sold to the United States. Mexico’s economy minister argues if NAFTA is abandoned, the U.S. trade deficit could rise even higher.
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Professor of Law : Georgetown University, and Director, Institute of International Economic Law
Top trade negotiator Robert Lighthizer softens stance with initial threats to pull the United States out of its trade pact with South Korea, reportedly in the wake of loud opposition from Congress, farmers and business people. Frictions, however, persist.
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