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    Trade Policies from Down Under: A Good Example for the United States

    With the World Trade Organization’s Doha Round of trade talks at a standstill, Australian Prime Minister Julia Gillard is taking action by giving poor nations “ongoing and absolute access to 100 per cent of [Australia’s] trade markets.” The United States should follow in Australia’s footsteps by removing all barriers to … More

    Russia-WTO: Progress but Not Ready for Accession

    On Friday the Kremlin announced that Russia and the U.S. settled all outstanding bilateral issues relating to Russia’s accession to the WTO. “I can say that the United States has removed all the questions regarding Russia joining the WTO,” Russian Finance Minister Alexei Kudrin said, assuring the press that Russia … More

    Freer Trade is Key to a Cleaner Environment and Green Growth

    In remarks on World Environment Day, the Director-General of the World Trade Organization (WTO), Pascal Lamy, pointed out that, “Trade opening has much to contribute in the fight against climate change and to the protection of the environment.” Indeed, the most practical improvements in energy efficiency and protecting the environment … More

    A Trade War Averted For Now

    On April 6, last minute action by the Obama administration averted a near trade conflict with Brazil concerning the trade-distorting U.S. cotton subsidy programs. With the provisional deal, the U.S. avoided about $830 million in trade sanctions on over 100 American exports targeted by Brazil.  Those retaliatory tariffs would have … More

    Say "Adios" to Obama’s “National Export Initiative”

    The latest outbreak of creeping global protectionism is in Brazil, which announced March 8 that it intends to levy nearly USD$600 million in increased import duties on more than 100 products made in the U.S. in retaliation for the United States’ failure to comply with a World Trade Organization (WTO) … More

    America Needs More than Rhetoric and Piecemeal Trade Measures for Economic Growth

    The President’s recognition in last night’s Fox News interview that exports play an important role in bolstering U.S. economic performance was welcome, but missed at least half of the trade story. Imports benefit America, too, through lower prices to consumers and manufacturers that raise incomes and boost productivity and competitiveness. … More

    Free Tread

    President Obama has decided to apply heavy tariffs to passenger car and light truck replacement tires made in China. This is the latest and worst episode in an ill-advised assault on free trade with the PRC. Taking WTO-compliant steps to counter Chinese subsidies or other mercantilist behavior is entirely reasonable. … More

    Roadblocks on Russia Path to WTO

    MOSCOW – In conjunction with the St Petersburg Economic International Forum, speculations over Russia’s accession to WTO have picked up steam. On the sidelines of the Forum, Economic Development Minister Elvira Nabiullina said Moscow stands a good chance of joining WTO by year end. The negotiations with the European Union … More

    Bad News (Mostly) From Britain

    The G-20 summit communiqué has been released. As we predicted, it has something for everyone, though rather more for the Europeans than the Americans, and even less for the Chinese. And there are constructive points in it, though whether they will amount to much remains to be seen. But by … More

    WTO Director: Protectionists are "Shooting their own Foot"

    As the world continues to deal with the global economic downturn, Pascal Lamy, the Director-General of the World Trade Organization, publicly urged all nations to overcome protectionist instincts as they work to return growth to their national economies. Lamy made his remarks while speaking to the Lowy Institute for International … More