Questions tagged [trade]

Questions relating to international trade; this includes policies effecting trade; like tariffs, quotas and treaties, or organizations regulating and promoting such trade

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Why are arbitrations of Investor-state dispute settlement sometimes carried out in secret?

Opponents of ISDS argue that arbitrations are sometimes carried out in secret by trade lawyers who do not enjoy the typical safeguards of judicial independence and procedural fairness, who earn income ...
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125 views

What happens if a company/individual conducts business with a sanctioned (embargoed) country when the sanction is not from their country?

Let's say that country A is under economic sanction (embargo) from country B, and country C is a key ally of country B. What happens if a company/individual from country C does business with country A?...
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Have there been any consequences so far for Switzerland rejecting the framework treaty with the EU?

In a New Statesman article on the Swiss government's abandonment of a [further] EU framework treaty with the EU, some possible negative consequences are mentioned: even if the collapse of this ...
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152 views

Why does the UK want to remove medicines from the scope of the Northern Ireland protocol?

I've read on the BBC that the UK is seeking to renegotiate the NI protocol with the EU (which is part of the Brexit deal). I can understand why the UK sees some of the provisions as burdensome, but I'...
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135 views

When several countries are members of several different trade pacts, which ones take precendence over the others when they conflict with each other?

When several countries are members of several different trade pacts, which ones take precendence over the others when they conflict with each other? Japan is for example member of several trade pacts ...
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Why isn't the TRIMs agreement renegotiated so that large countries such as India and China are no longer considered to be developing countries?

Why isn't the Agreement on Trade-Related Investment Measures (TRIMs) renegotiated so that large countries such as India and China are no longer considered to be developing countries? European ...
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288 views

Is petroleum a valid explanation of why the U.S. military fought the first Iraq war?

Why couldn’t the U.S. have bought petroleum from Iraq after they took control over Kuwait’s oil supply?
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76 views

How does China defy GSP or quota system? [closed]

Preferential Tariff (Export) Generalised Scheme of Preferences (GSP) Some low to middle-income countries enjoy either GSP/GSP+ or quota system when they export their goods to the EU or North America. ...
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847 views

Do governments want customs duties or not?

I'm a bit confused why customs duties exist. Like, when Brexit happened it was assumed by default by everyone that customs duties would be imposed by all trade happening to/from UK. There was no ...
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463 views

Are there any countries that the UK now has trade agreements with, that it didn't before it left the EU?

The big rationale touted by those who wanted Britain to leave the EU was that we would be able "to do trade deals around the world". By virtue of our membership of the EU, thanks to its ...
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Were there any intra-EU concerns expressed that Germany was practicing dumping prices on aluminium sheets?

Reuters reports on the new anti-dumping duties imposed by the Biden administration on aluminium sheets (worldwide): The U.S. Commerce Department on Tuesday issued final anti-dumping duties on common ...
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Current status of a prospective 2017 EU fining of the UK for allowing undervalued Chinese imports

According to Politico in 2017: Britain faces a potential €2 billion bill from Brussels after EU investigators found that U.K. authorities turned a blind eye to a massive fraud network that allowed ...
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686 views

How big is this customs-clearing fee that packages from the UK to the EU incur? [closed]

The BBC has an article that lots of Germans are apparently refusing to accept packages they ordered from the UK once they are presented with the new customs clearing form/fee. Since 1 January, lots ...
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299 views

Could UK SMEs set up centers in Northern Ireland to maintain full access to both the EU and the rest of the UK?

Under the Brexit Withdrawal Agreement and Future Relationship, Northern Ireland is in a very advantageous position where it has full access to the EU for goods, and can also send goods to (but not ...
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194 views

How does the recent EU-UK trade treaty “go beyond a Canada-style” agreement, but still not require ratification by national parliaments under EU law?

The rules for ratifying EU trade treaties depend on what's in them. There are two categories known as "EU-only" and respectively "mixed" treaties, roughly discriminated along the ...
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154 views

The EU-Uk trade deal ratification by national parliaments

What would follow if any of the national parliaments refused to ratify the EU-UK trade agreement?
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631 views

To what extent are financial services in this last Brexit deal (trade agreement)?

I've read two somewhat conflicting accounts from the BBC on this. On one hand: [Boris Johnson] acknowledged he had been forced to give ground on his demands on fishing. "The EU began with I ...
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57 views

Channel Islands Equivalence in Financial Services

The Channel Islands are not 'in' the EU Single Market, but have a close relationship with it; this is particularly true in Financial Services, where they have a wide-ranging Equivalence agreement. ...
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596 views

How many financial centres are to be created in the EU?

In the The Financial Times article UBS chairman Axel Weber assesed that the division of Europe is a massive benefit to the City of London because if Europe were united the impact ... of Brexit would ...
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407 views

Would Joe Biden lift the sanctions imposed on Huawei if he wins?

Has Joe Biden specifically said anything about lifting sanctions imposed on Huawei if he wins the election?
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109 views

How is the Regional Comprehensive Economic Partnership different from the Trans-Pacific Partnership?

While the Trans-Pacific Partnership (TPP) still exists after the US withdrew its signature, some predicted that the US withdrawal opened the door to China taking the lead with its own Regional ...
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Are the Withhold Release Orders published by US Customs and Border Protection the subject of the CBP's own investigations; is such evidence published?

The US CBP has issued a Withhold Release Order on a major Malaysian palm oil producer https://www.cbp.gov/newsroom/national-media-release/cbp-issues-detention-order-palm-oil-produced-forced-labor-...
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1k views

Can imports be banned according to method of production?

If an imported product is functionally indistinguishable from a domestically traded product, but is produced by a different process, are countries free to ban (or apply large tariffs to) that import? ...
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Has Biden discussed his vote to admit China into the WTO?

In this interview with CNN’s Jake Tapper, Democratic Presidential candidate Joe Biden was asked about his past votes as US Senator in favor of the North American Free Trade Agreement (NAFTA) and in ...
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Why did India ban PUBG if it is Korean app?

Why did India ban PUBG if it is a non-Chinese app? Wikipedia reads PUBG (PlayerUnknown's Battlegrounds) is Korean app.
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Homework on Principle of National Treatment (WTO)

Good evening all, The question that I have is basically homework. Country A and C are member states of the World Trade Organisation (WTO). A trades regularly with C, but recently faced an issue. A is ...
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Why did China target Australia for economic sanctions?

China initiated an anti-dumping investigation against Australian wine. Previously, China had increased tariffs on Australian barley. Why did China do this? Is there merit to this claim?
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318 views

Why did the US dispossess an Iranian ship carrying natural gas to Venezuela?

I prefer the terms "filch" or "dispossess", not "seize", because: [a] "senior U.S. official told The Associated Press that no military force was used in the ...
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151 views

Implications of Brexit Political Declaration

There is some debate as to whether or not the UK has a mandatory obligation to apply EU rules in Domestic activites beyond 2020, irrespective of what Brexit (Trade) Deal is negotiated. The Political ...
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110 views

What are the benefits of joining CPTPP over conducting FTAs with the individual members?

On June 17th, the UK Government formally announced its intention to pursue membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), following repeated ...
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332 views

Is Biden more apt to press for harder terms and/or the renegotiation of the post-Brexit UK–US trade deal if he wins the Presidency?

I was listening to LBC earlier when I noted both this question and the statement on air regarding Brexit policies and Trump. In essence, Trump has clearly come out as a pro-Brexit person and promised '...
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127 views

Brexit Vote - could some of the Motivating Factors have been prevented? [closed]

One of the factors which led to the Brexit Vote was 'EU Free Movement', where voters perceived that unlimited numbers of Mainland Europeans could come to the UK to work. So why were UK Citizens not ...
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What is preventing the UK and the EU from progressing in the talks on post-Brexit trade?

Speaking on June 5th 2020, at the end of the fourth round of talks on post-Brexit trade, EU Chief Negotiator Michel Barnier said: Ladies and Gentlemen, to be clear, our lack of progress in this ...
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What does US Trade Representative mean by “special other (returns)”? [closed]

Hong Kong | United States Trade Representative The top import categories (2-digit HS) in 2018 were: special other (returns) ($2.4 billion), electrical machinery ($980 million), precious metal ...
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Is it possible to purchase emission allowances with the goal of reducing the amount in circulation?

Can any company purchase emission allowances under the EU Emission Trading System and then not end up using them? My reasoning behind it would be to keep on increasing this commodity's price in order ...
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112 views

IPR disputes between US/China

It had been stated that intellectual rights were compromised during manufacture of US originated products contracted to be made in China during globalization. Why are the allegations not taken as a ...
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150 views

Is re-buying others states trade shipments illegal? [closed]

There were some cases (and that one, for example), when US put it hands over medicine masks packages. But is it really illegal? At least, people who've done it do not rob it, they've payed with money....
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853 views

Where exactly was this mask shipment intercepted (by the US), which a German official described as a “modern act of piracy”?

Somewhat hazy news on DW Officials in Berlin on Friday accused the US of intercepting a shipment of 200,000 protective face masks en-route from a Chinese manufacturer to Germany. Berlin Interior ...
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113 views

Who decides how consumer electronics could and should be labeled and advertised? [closed]

Let's suppose I'm a somewhat-educated computer-science-wise citizen who is very dissatisfied with inconsistent digital storage drive capacity labeling, where manufacturers use GB (base-10 SI metric ...
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8k views

Post-Brexit UK-EU trading relationship: Why (not) Canada?

While the UK seems to pushing for an FTA with the EU similar to the one between the EU and Canada (or Japan or South Korea), the EU seems to have said no to this immediately on the grounds of ...
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212 views

How long has populism been affiliated with the Republican Party [closed]

Donald Trump has been described as a populist, yet he imposes high tariffs on China. He has gained bipartisan support for this, but there are Republicans who do disagree. Populists, from what I've ...
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423 views

Why did the UK not trade more with countries outside the EU?

The UK is leaving the EU in the process called Brexit. For companies in the UK, the interaction with customers in the EU will become more difficult for the customer. I suspect that it also becomes ...
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96 views

What's the shortest time a trade agreement has been put in place?

I've heard trade agreements usually take years to negotiate and implement. Boris Johnson wants to negotiate a trade agreement with the EU in under a year. Are there any precedents for successfully ...
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Are there past examples of China commiting to and then managing to boost its imports by dozens of billions of dollars?

In the recently announced US-China [mini]deal China has pledged to boost US imports by $200bn above 2017 levels and strengthen intellectual property rules. I'm curious how realistic is the first ...
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623 views

What are the Brexit steps for 2020 and beyond?

As I understand it, Brexit and the start of the transition period on January 31st, 2020, still require the approval of the UK Parliament. This is generally assumed to be certain, given Johnson's ...
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242 views

Does Boris Johnson’s new negotiated withdrawal agreement mandate customs checks between Northern Ireland and the rest of the UK?

The new Withdrawal Agreement negotiated under Boris Johnson’s leadership has constantly come under scrutiny about whether or not the agreement when implemented would necessitate customs checks between ...
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96 views

Has the position of the NHS been considered in exploring the option of Brexit while remaining in the EU customs union?

I was watching Channel 4's What happens after a Brexit election?, in which one of the guest introduces the NHS: The Conservatives aren't having to answer questions about the details of their ...
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587 views

Is the dossier released by Labour proof that the NHS is for sale?

Today, Labour released a 451 page dossier at a press event, which they say was leaked from the Department for International Trade, and is a record of preliminary discussions that have taken place ...
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186 views

What gives presidents (President Trump) the right to negotiate bilateral trade agreements?

I know that there is some legislation that President Trump has cited allows him to raise tariffs, as well as "fast track" that applies to multilateral trade agreements, but what allows him to exercise ...
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182 views

Will the recent US tariffs against Scottish (and more generally UK) products cease to apply after Brexit?

The BBC has some details as to the list of products tariffed by the US as a result of the Airbus WTO ruling. Among these Single malt Scotch whisky According to the Scotch Whisky Association (SWA), ...

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