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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3answers
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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1answer
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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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1answer
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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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1answer
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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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EU trade deals with Switzerland and Ukraine - focus on Manufactured Goods

Switzerland is in the Single Market for Manufactured goods as it closely follows relevant EU rules, and is also in a Customs Union for Manufactured goods, thereby granting full access in this sector. ...
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1answer
143 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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1answer
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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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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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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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1answer
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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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109 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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How often do trade agreements include 'natural disaster' exemptions?

The Economic and Trade Agreement between the United States of America and the People’s Republic of China, signed on January 15, includes Article 7.6.2, which states: In the event that a natural ...
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143 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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820 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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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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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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1answer
194 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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390 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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1answer
94 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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1answer
575 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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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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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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580 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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1answer
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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1answer
180 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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1answer
191 views

Can the UK make a no-deal “real Brexit” next year, even if the Johnson-EU deal is approved (by all involved)?

Some breaking news from the Guardian: The Tory Brexiter John Baron told the BBC this morning that ministers like Dominic Raab, the foreign secretary, and Michael Gove, the Cabinet Office minister, ...
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How [dis]similar are Trump's and Warren's (proposed) trade policies?

An AIER article says Today Congress is statutorily impeded from stopping a continued march toward autarky, lest there appears some bipartisan legislation structured to take it back. The problem is ...
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290 views

Did Trump make any concessions in his 'Phase 1' trade deal with China today?

From what I've read, the US agreed to not proceed with a round of tariff increases on Chinese imports, and in exchange China agreed to buy several tens of billions of dollars more in agricultural ...
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How big is the total bailout (“trade aid”) that Trump gave to US farmers since the trade war began?

News from 2018 mentioned $12B: [07/24/2018] Agriculture Secretary Sonny Perdue on Tuesday unveiled a three-part, $12 billion plan to ease the sting of retaliatory tariffs on U.S. farmers through a ...
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234 views

Does a tariff of 25% on steel imports do anything other than make steel more expensive in the US?

Donald Trump set the tariff on steel imports to 25% in March 2018. I understand the decision is part of the trade war against China. And the trade war is motivated by the overall strategy of "Make ...
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4answers
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How are steel imports supposed to threaten US national security?

I am reading this article. Therein it is stated that: Under national security grounds (Section 232), Trump applied tariffs of 25% on steel and 10% on aluminium in March 2018, covering $ 10.2 bn ...
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1answer
123 views

Has Orrin Hatch elaborated on his vote against the Export Administration Act?

Only three senators voted against the Export Administration Act. He seemed to be supportive of Israel. He wanted to suspend the importation of steel, so it seems like he was not as supportive of ...
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1answer
104 views

Is there special legislation in EU law to permit free ports?

Is there special legislation in EU law to permit free ports, or are they implicitly permitted on the basis that goods become subject to tariffs as soon as they exit the port into the member state?
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Why has the UK has not yet signed a continuity trade agreement with Turkey?

From UNCTAD, as of 3 Sep 2019: Among the countries which currently grant preferences to the EU but for which the UK has not yet reached an agreement to grant continued preferential market access, ...
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1answer
173 views

US trade war with China: what is in total with trade balance for today? [closed]

Trade war between US and China lasts nearly since Trump's election. One of claimed goals was to shorten US trade deficite. There is a hoard of different news and bright claims about trade war, but ...
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392 views

Brexit, why is this so complicated? [duplicate]

Despite of probably having an overly broad question and a simplistic view: Everytime I read about the British politics these days, I wonder, what is all the fuss about Brexit about? They had a vote, ...
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1answer
225 views

When is a US tariff actually paid?

Trying to understand when a tariff is actually imposed & paid on goods coming into the US. The Trump administration has announced at various times changes in tariffs to be imposed on certain ...
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1answer
57 views

Do trade or currency wars require congressional approval?

According to the US Consitution, Article 1, Section 8, US Congress has the power "To declare War". Currently, several mainstream news outlets are describing various tariff increases by the current US ...
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1answer
440 views

Why does the EU-Turkey customs union not violate the single market principle?

In the Brexit negotiations the EU has rejected the British wish of being part of the single market but without free movement of people. Such a partial free market could lead to unfair competition and ...
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251 views

Who is responsible for preventing smuggling?

Related to; fentanyl imports Who is responsible for stopping smuggling into a country? The country where the goods are shipped from, or the one which receives them? Recently the UK has been asked ...
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1answer
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Differences - “national measure adopted by the host state” vs. “a diversity of national regulations”

How do 1 and 2 beneath differ? Robert Schütze. European Union Law 2 ed. 2018. p. 501. All emboldenings are mine.       Under the (modern) international model,27 each State ...
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230 views

What are the groups that can legally challenge Trump's tariffs and can they have them reversed?

In a Wikipedia article about Trump's tariffs, it is argued that Trump's tariffs are illegal and The American Chamber of Commerce is considering suing. Can any other group other than them sue Trump and ...
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135 views

What is the most severe retaliation possible under article 22 of WTO dispute settlement?

Article 22 of WTO dispute settlement as found in Annex 2 of the WTO Agreement deals with compensation and the suspension of concessions. I'm wondering what kind of retaliation this entails. The ...
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120 views

How do export restrictions help domestic market and national production?

Sentence 1 under suggests that EX-port restrictions help national production. But how? I understand how IM-port restrictions help "domestic market" (from sentence 2) and "national production" - IM-...
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170 views

Why do certain states offer lax, open ship registries?

Some world states maintain an "open registry" of ships, allowing non-resident non-citizens to register their ships in that state and fly its flag (a "flag of convenience"), and additionally, do not ...