Trade

• [New] Joe Biden is expected to ease some of the tensions between the US and China, but has so far suggested he will keep tariffs in the near future to continue applying pressure to China. / University of Arizona
• [New] Companies should expect supply chains and production in strategic sectors to shift more to the US economy, while green industries will have expanded growth and investment opportunities. / Ernst & Young
• [New] As supply chains become more global, international co-operation to apply appropriate standards will be critical to ensuring that the extraction and trade of minerals are carried out sustainably and responsibly, and that the supply of energy transition minerals remains uninterrupted. / International Energy Agency
• [New] Japanese manufacturers of key components for computer chips have announced new moves into China, seeing an opportunity to gain larger market share in the wake of the U.S.-Chinese trade war. / Foreign Affairs
• [New] In view of Taiwan's dependence on the US and China as trading partners, its central position in the tech war, and China's and the US' long term pursuit of self-sufficiency, Taiwan will require effective risk mitigation strategies. / European Institute of Asian Studies
• [New] The U.S. trade representative will begin talks with the World Trade Organization on ways to overcome intellectual property issues that are keeping critically needed COVID-19 vaccines from being more widely distributed. / ABC News
• [New] Trade between the EU and China has grown by around 60% since 2010, and there are opportunities for the EU to increase cooperation on climate change, especially on renewable energy systems and green technologies and on the 2021 biodiversity COP that China is hosting. / europeanleadershipnetwork
• [New] Canadian business leaders could learn a lot about the way Indigenous people sustainably managed their communities and trade in North America for tens of thousands of years. / The Globe and Mail
• [New] Policy changes in China could one day affect the Bitcoin mining industry, imposing an indirect impact on the Bitcoin price. / Forbes
• [New] We hope that everyone will exert active influence to push the US government to cancel its tariffs on China, to stop its decoupling efforts, and to stop unreasonably suppressing Chinese businesses, providing a fair, just and non-discriminatory environment for Chinese businesses in the US. / p
• [New] The Republic of the United Europe is going to possess enormous capacities to increase their export, forging trade agreements on European terms and meeting European interests. / Enlightened Europism
• [New] If the United States and India do not prioritise economics - notably their trade and investment opportunities - then the effect of military investment and environmental initiatives will be negated. / East Asia Forum
• [New] The US will need more than charm to secure concrete policy change in Europe on trade, energy or defence spending. / The Guardian
• [New] The economic weight of China, coupled with the centralized command structure of the Chinese Communist Party, will provide the country leverage in international politics that will be difficult for the United States to counter in East Asia. / U.S. Naval Institute
• [New] Detente could lead to new and enhanced trade relations with the Gulf, thereby boosting Iranian sectors outside of oil and gas regardless of whether its nuclear negotiations with the United States result in sanctions relief. / Atlantic Council
• [New] There is potential for the UK diaspora to act as change agents to support the messaging and delivery of the UK's foreign policy objectives, seeding trade and investment opportunities, and establishing new diplomatic and cultural ties. / British Foreign Policy Group
• Global companies, fearing greater uncertainty and seeking diversity to lessen their dependence on China, have reduced their exposure to Chinese factories by shifting their supply chains to other countries, mostly the United States, Mexico, Vietnam, Cambodia, and India. / H-Diplo | ISSF
• The Regional Comprehensive Economic Partnership (RCEP), which could feasibly enter into force later in 2021, will create a massive free trade zone covering roughly 30% of the world's gross domestic product, trade and population. / China.org
• America will stand up to unfair trade practices that undercut American workers and industries, like subsidies for state-owned enterprises and the theft of American technologies and intellectual property. / The White House
• Expect a reinforcement of trade defense instruments, not least to have the necessary armory in terms of trade defense, which will make the EU nearer to the U.S. in terms of substance of what you can do with a trade defense instrument. / Politico
• During the past decade, the global economic centre of gravity has shifted eastwards and southwards, creating new opportunities for economic co-operation, trade and investment but also new challenges. / OECD iLibrary

Last updated: 09 May 2021