Stack Exchange Network

Stack Exchange network consists of 175 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers.

Visit Stack Exchange

Questions tagged [trade]

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

2
votes
1answer
29 views

Was parliamentary ratification of trade treaties necessary in the UK (before joining the EU)?

The royal prerogative seems to be the source of UK's government's power to conduct foreign affairs. But does it completely cover trade treaties, i.e. before joining the EU was parliamentary ...
4
votes
2answers
86 views

Trade Agreements Approval Process EU vs UK

According to The Trade Justice Movement, the UK's current trade negotiation legislation (which hasn't been relevant for some time) means that only government approval (that is the executive) is ...
11
votes
2answers
746 views

How does the EU Emissions Trading Scheme account for increased emissions outside the EU?

If a third country (say China) is not beholden to the same emissions trading scheme, market forces should push steel production into the countries where costly emissions credits are not needed and ...
7
votes
2answers
281 views

What can the U.S. do politically if China decided to stop exporting rare earth metals to the U.S.?

China has recently threatened to ban export of rare earth metal to the US. What can the US do to retaliate against such a move politically? Is there anything the U.S. can do that could hurt China as ...
2
votes
0answers
29 views

Does Trump's sanction on Huawei include Open Source US products, like Linux kernel & RISC-V? [migrated]

Trump has banned US companies from trading with Huawei. Does this ban include US non-profit organizations, such as the Linux Foundation and RISC-V foundation ?
9
votes
1answer
348 views

Exactly what did China “renege on” in a trade deal?

Donald Trump said Beijing “broke the deal” by reneging on earlier commitments made during months of negotiations. Larry Kudlow said that China needs to agree to “very strong” enforcement provisions ...
2
votes
1answer
101 views

What explains the timing of the U.S China trade tariffs and negotiations?

This Wikipedia article dates the start of the U.S. China trade war to January 2018. Link to Wikipedia. Of course trade rhetoric about China probably dates back to the earliest days of the Trump ...
1
vote
1answer
58 views

How many WTO cases has the Trump administration launched (per year)?

Although Trump criticizes the WTO, his administration has nevertheless initiated case there, for example 5 cases against retaliatory tariffs last year: [07/16/2018:] The Trump administration on ...
38
votes
3answers
7k views

Can the president of the United States be guilty of insider trading?

For almost one year now, I have closely observed developments on stock markets. I mainly focused on major indices such as the Dow Jones and DAX (I am from Germany). Both indices suffered losses during ...
2
votes
0answers
23 views

Are there some figures for Moldova's economic benefits from their Association Agreement with the EU?

Moldova has an Association Agreement with the EU which includes a Deep and Comprehensive Free Trade Area as well as some ancillary benefits according to Wikipedia the modernisation of Moldova's ...
2
votes
1answer
74 views

What benefits does the African trade bloc bring to the African Union's member states?

What benefits does the African trade bloc bring to the AU's member states and what changes does this deal bring?
3
votes
3answers
221 views

What are the reasons for buying weapon systems from other countries?

I was wondering, when reading about Turkey being about to buy a S-400 defense system from Russia, how could they even consider that being an option. I get that global alliances went a bit obscured ...
2
votes
2answers
148 views

Explanations for the large rebound in EU-Russia trade in 2017?

The European Commission estimated the cost of sanctions [imposed on Russia] for the EU to €40bn (0.3 per cent of the EU GDP) in 2014 and €50bn (0.4 per cent of EU GDP) in 2015. In addition, it was ...
2
votes
1answer
116 views

What happens to EU trade deals with Brexit

If the UK leaves the EU, either with Theresa May's deal or with no deal, what happens to UK trade with countries that have trade deals with the EU? Does it immediately go back to WTO rules? Or has the ...
2
votes
1answer
97 views

Is NAFTA currently in effect, and/or will it be in effect should the United States-Mexico-Canada Agreement (USMCA) fail?

I'm curious about the current state of NAFTA. Was it terminated to make way for the new agreement, or is passing the new agreement the trigger for the removal of NAFTA? Basically, if the new trade ...
6
votes
1answer
302 views

Why is some Russian asbestos bound for the US stamped with Donald Trump's face?

After about 41:20 in the YouTube video for the PBS NewsHour full episode March 13, 2019 it is reported that some asbestos mined in Russia destined for the US bears a stamp of US president Donald Trump'...
4
votes
3answers
424 views

Why is the US increasing its oil exports in recent years after protecting its oil reserves for a long time?

The United States will lead oil-supply growth over the next six years, thanks to the incredible strength of its shale industry, triggering a rapid transformation of global oil markets. By 2024, the ...
15
votes
3answers
4k views

Has Britain negotiated with any other countries outside the EU in preparation for the exit?

Regarding Brexit, the prospect of a no deal has existed since the moment it has begun. I have been unable to find anything from my own research The question is straightforward enough, has any ...
1
vote
1answer
100 views

Is there a correlation between US oil imports and the US-Saudi Arabia arms deal?

What I have read here suggests that the US and Saudi Arabia are linked by trade (oil for arms and vice versa). Here is a quotation from the article. Oil has also linked the two countries since ...
2
votes
1answer
74 views

How is the individual person affected by economic changes as a result of Brexit? [closed]

I have a few questions regarding the following topic: How is the individual person affected by economic changes as a result of Brexit? How are people in the age between 25 and 35 predicted to be ...
-1
votes
1answer
125 views

How will brexit affect the British export and import? [closed]

Will there be any positive consequences that are expected from Brexit or is it mainly expected to be bad for the British trade?
2
votes
1answer
313 views

Do polls indicate support for post-Brexit freer trade?

The Bank of England Brexit GDP scenarios show a blue area depicting a "close relationship" scenario and a "less close" relationship scenario. It is clear that when they use the label "less close" they ...
2
votes
2answers
320 views

Does GATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement?

Does GATT Article 24 mean that a transitional tariff regime is permitted if the UK leaves the EU without a negotiated exit arrangement? Article 24, paragraph 5: Accordingly, the provisions of this ...
1
vote
1answer
141 views

Does the 1997 FTA between the EU and Mexico reduce tariffs to zero, or simply agree to reciprocity?

Does the 1997 FTA between the EU and Mexico reduce tariffs to zero, or simply agree to reciprocity? I ask because a modernised version of the agreement is being finalised that “scrap high Mexican ...
8
votes
3answers
3k views

Would it be illegal for the UK to negotiate a trade deal with the EU while still a member?

Would it be illegal for the UK to negotiate a trade deal with the EU while still a member? Or is it the signing of trade deals that is prohibited, and negotiation is permitted?
1
vote
0answers
68 views

Does China interfere with commercial shipping passing through the Taiwan Straits?

I have read that China considers the Taiwan Straits to be its "sovereign territory" which differs from international law that defines bodies of waters 12 miles or more offshore as international waters ...
1
vote
1answer
141 views

Why doesn’t China negotiate trade deals with each state in US?

Say, let each state send representatives to bid for import quota of specific categories of merchandises, therefore making intra-US cooperation among states into inter-state competition; just like how ...
2
votes
1answer
87 views

Might two countries coordinate balanced tariffs?

If a country wanted to reduce taxes (say for some income bracket) but wanted to keep a balanced budget, would targeted tariffs not be a good way to do this? Would tariffs on goods that everyone (rich ...
5
votes
1answer
392 views

No-deal Brexit: What would be the basis for a WTO complaint if goods entering Ireland are checked at Dunkirk?

There's a BBC article which goes over several scenarios in case of no-deal Brexit containing the following paragraph: It is possible that if EU authorities decide not to check UK goods at the Irish ...
8
votes
3answers
3k views

Does the EU require preferential trade within itself?

I was talking to someone about BREXIT the other day and they presented a reason for voting leave that I hadn't heard of before. They claimed that entering the EU had always seemed unfair, to them, on ...
9
votes
2answers
314 views

How does America prevent deals in dollars between the third parties?

Say, India wants to buy weapons from Russia, Russia is under American sanctions, and America doesn't want this deal to happen so it says the transaction, as long as it's in dollars, won't be ...
1
vote
1answer
198 views

Are European Union WTO schedules certified?

IIUC WTO trade schedules can be unilaterally set, but are open to dispute and, when disputes are resolved, “certification”. Schedules can exist and take effect while not certified. I have read the ...
1
vote
2answers
109 views

Are “WTO rules” fine-grained and detailed or a set of general principles like Most-Favoured Nation?

I know the WTO mandates that members do not unfairly favour one trading partner over another, the so-called Most-Favoured Nation principle. Does the WTO have a fine-grained and detailed set of rules ...
3
votes
3answers
266 views

Do free trade agreements involve the pooling of sovereignty?

A bilateral trade deal. Tariffs on goods are mostly eliminated and mutual recognition agreements are agreed for most goods. Has sovereignty been transferred or pooled?
14
votes
2answers
2k views

Does unilateral free trade (no trade barriers from anywhere) imply no standards?

Some people have proposed that after Brexit, the UK could adopt the "Singapore model" with unilateral free trade, and have no tariffs or non-tariff trade barriers from anywhere. For example, see The ...
7
votes
2answers
630 views

No-deal Brexit and Irish border; can third countries transit through Republic of Ireland?

In case the United Kingdom (UK) leaves the European Union (EU) without any deal, World Trade Organisation (WTO) rules would apply for trade between the UK and any other country or trade bloc. Some ...
3
votes
3answers
317 views

Are there any countries besides Canada where the flow of goods is restricted between the country's provinces?

This year, Canada's Supreme Court ruled as following: The Supreme Court of Canada has ruled unanimously that provinces and territories have the constitutional right to restrict the importation of ...
1
vote
1answer
99 views

'Fair and equitable treatment' clause in the context of bilateral investment treaties

In the context of bilateral investment treaties (BITs), what is a fair and equitable treatment (FET) clause? How does it work? The abstract of this paper describes FETs, however, it's aimed at ...
5
votes
1answer
2k views

USMCA vs NAFTA, what's different?

Breakng news: "Today, Canada and the United States reached an agreement, alongside Mexico, on a new, modernized trade agreement for the 21st Century: the United States-Mexico-Canada Agreement," US ...
5
votes
1answer
115 views

Does the WTO have a concept of “default” or standard tariffs?

Does the WTO have a concept of “default” or standard tariffs for when a state has not yet agreed schedules? Or does everything default to zero?
0
votes
1answer
213 views

Is Belt and Road Initiative cost-effective?

Does the geopolitical advantage of China's Belt and Road Initiative outweigh the financial costs of the loans? Would the loan be better spent internally or kept unused?
8
votes
1answer
413 views

When and how were the current US and EU tariffs on cars decided?

Trump said in a recent speech in West Virginia that he didn't like the "deal" the US has with the EU on cars. But as far as I know, there's no (separate) US-EU trade agreement on this, except ...
9
votes
3answers
594 views

Has there been any EU reaction to Trump's threat to put a 25% tariff on all EU cars?

The threat of (more) US tariffs on EU cars has been making the news again today: President Donald Trump said Tuesday night that the U.S. would slap a 25 percent tariff on cars coming from the ...
8
votes
2answers
623 views

What's Rees-Mogg's constituency, socioeconomically?

Conservative MP Jacob Rees-Mogg is one of the advocates of unilateral free trade it seems. But looking at his constituency profile on Wikipedia it looks like a bunch of farmers and "light industry". ...
5
votes
1answer
472 views

Have any prominent Brexiteers argued for the UK to become a duty-free country (like Singapore)?

If the UK exits the EU without a written (and WTO-compliant) free-trade agreement, it would fall back to MFN rules: An exit from the EU, for example, would cause the UK to lose the preferential ...
6
votes
0answers
214 views

Are there precedents for the EU fining the UK for undervalued Chinese imports?

With all the Brexit talks, this has become a barely noticed case, but it might be relevant for future border relations between UK and EU: Britain faces a potential €2 billion bill from Brussels ...
-5
votes
1answer
192 views

What political theories allow businessmen understand politic easily? [closed]

I am a businessman. A pretty successful one. I want to understand politic. Currently I think I am just a customer of a state, namely, my state, where I paid protection fee called tax. However, ...
4
votes
2answers
222 views

Leaving the EU without a deal and MFN rules

If the UK left the EU without a trade deal, trade with the EU would continue because it would be illegal to offer the UK worse trade terms than any other third country under WTO most-favoured nation ...
2
votes
1answer
86 views

FTAs permissible by WTO

As a WTO member a country attempts to strike bilateral trade deals to augment the baseline trade schedules agreed at the WTO (IIUC). I read that sectoral free trade agreements (FTAs) are prohibited ...
1
vote
1answer
697 views

Can schedules be bilaterally agreed in the WTO forum?

Can schedules be brokered bilaterally, i.e. without consent of other WTO members, or do all WTO members have to ratify all WTO deals? I am trying to understand if all WTO members will need to ratify ...