China’s Weak Hand in Potential Trade War With U.S.

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

China’s Weak Hand in Potential Trade War With U.S.

A Chinese flag in Beijing’s central business district. While China has many options with which to retaliate against potential United States tariffs, it has few good ones. Credit Jason Lee/Reuters

Christopher Bedoor argues in the New York Times that China’s stockpiles of U.S. Treasuries makes a trade war with the United States improbable.

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United Kingdom Plans Free Trade Continuation with Poor Countries

Professor of Law : Georgetown University, and Director, Institute of International Economic Law

UK to Maintain Free Trade with Poorest Countries after Brexit

United Kingdom trade policy remains tariff free with poor countries
image credit http://www.geg.ox.ac.uk/brexit-opportunity-or-peril-trade-small-and-poor-developing-economies
The UK’s policy is a break from the trade policy likely to be pursued by the United States. Of course, whether the tariffs talked about in the U.S. actually get implemented is yet to be determined.

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Is the TPP Agreement Dead? Maybe Not

 

 

 

Professor of Law : Georgetown University, and Director,
Institute of International Economic Law

 

 

Trans-Pacific Partnership agreement, donald trump, japan

Will the work that went into negotiating the Trans-Pacific Partnership (TPP) go to waste?

The agreement cannot come into force unless ratified within two years by economies that constitute 85 per cent of the total GDP of the 12 members. This makes ratification by the United States and Japan indispensable. While President Trump is not noted for consistency of purpose, the prospect that he will not only reverse his stance on the TPP but also secure Congressional approval within two years is surely nil.

Full article here.