Latest in Trade and Security
Trade authorities delegated to the president by Congress represent two distinct approaches to trade—a primary tariff-lowering approach and a secondary security-premised tariff-raising approach.
The administration’s change in the export regime of small arms has gone into effect, except for the rules relating to the blueprints for 3-D weapons. A federal district judge in Seattle temporarily blocked that switch.
Lawfare’s biweekly roundup of U.S.-China technology policy news.
The administration’s proposed rule change could have significant implications for the global trade in small arms, particularly in conflicts across Latin America and the Middle East.
U.S., China to Resume Trade Talks, but Obstacles Remain
South Korea and Japan, two of America’s closest allies, are tumbling into a dangerous economic-diplomatic war over a South Korean Supreme Court decision that ordered Japanese corporations to compensate Korean forced-labor victims from World War II. At the heart of the dispute is a legal disagreement over a 1965 treaty that triggers centuries of bad blood and spiritual animosity between the two countries.
On July 12, President Trump surprisingly decided not to levy a quota on uranium imports, departing from his past enthusiasm for limiting purchases from abroad. The yearlong lead-up serves as the latest example of the president’s extensive power over trade.
Last month, Ellie Geranmayeh and Manuel Lafont Rapnouil wrote a report for the European Council on Foreign Relations, arguing that Europe needed to hit back hard against U.S. secondary sanctions targeting Iran. They recommended that Europe consider measures such as creating new financial channels outside U.S. control, investigating European companies that comply too readily with U.S. threats and targeting U.S. companies in retaliation for sweeping U.S.
U.S. and Chinese Negotiators Make Contact Following the G-20 Summit