Rebooting Canada’s failed NAFTA strategy

By Danny Lam, Research Associate Environment & Security, University of Waterloo. Canada’s NAFTA strategy is in big trouble. Prime Minister Justin Trudeau is seen here meeting with U.S. President Donald Trump in the Oval Office of the White House in February 2017. (THE CANADIAN PRESS/Sean Kilpatrick) Canada’s NAFTA strategy is in trouble, to the extent that… Please follow and like us:

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Global economy faces two challenges

The world economy’s performance in 2017 was significantly better than the previous year. According to the World Bank forecast, global economic growth is likely to reach 3.6 percent in 2017, as the economies of the European Union, the United States and Japan all showed clear signs of improvement in the third quarter with a growth rate… Please follow and like us:

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US, EU should fulfill WTO vow to fruits of partnership

The European Union should have recognized China as a market economy one year ago because, as one of the members of the World Trade Organization, it had agreed to a “sunset clause” in 2001, when China joined the WTO, that it would stop using the “surrogate country” approach when calculating anti-dumping measures against Chinese imports by… Please follow and like us:

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Why the US rejection of China’s market economy status is wrong

BEIJING — The United States is throwing cold water on the growing geniality of trade relations between itself and China with its rebuke of the latter’s bid for recognition as a market economy in the World Trade Organization (WTO). The US government recently formally opposed to China’s bid, citing decades of legal precedent and what it… Please follow and like us:

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Commentary: Time for China, Japan to Join ‘Developed’ Nations at WTO

By Robert Romano China ($11.2 trillion) and Japan ($4.9 trillion) combined make up 21 percent of the world’s Gross Domestic Product, according to the World Bank, having benefited from preferential treatment in global trade deals, and are still being treated as “developing” nations under world trade rules. At institutions such as the World Trade Organization (WTO),… Please follow and like us:

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Two of the Biggest Threats to the Stability of the World Economy Are Hiding in Plain Sight

In the early 1990s, transnational corporations (TNCs) in the agriculture, services, pharmaceuticals, and manufacturing sectors each got agreements as part of the WTO to lock in rights for those companies to participate in markets under favorable conditions, while limiting the ability of governments to regulate and shape their economies. The topics corresponded to the corporate agenda… Please follow and like us:

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Trump Leaves APEC, Arrives in Hanoi

U.S. President Donald Trump arrived in Hanoi, Vietnam’s capital, Saturday evening for a state banquet, followed by a day of meetings with Vietnamese leaders. He has been in Danang, where he attended the annual Asia-Pacific Economic Cooperation summit, one of several such events during his five-country Asian tour. At the close of the meeting Saturday, the… Please follow and like us:

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Summary Results Of APEC Member Meeting In Vietnam

THE 25TH APEC ECONOMIC LEADERS’ MEETING Da Nang, Viet Nam 11 November 2017 Da Nang Declaration Creating New Dynamism, Fostering a Shared Future We, the Leaders of APEC, gathered in Da Nang, Viet Nam under the theme Creating New Dynamism, Fostering a Shared Future, determined to take bolder and sustained collective actions to inject new dynamism… Please follow and like us:

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US Probe Raises More Talk of Trade War With China

President Donald Trump’s recent decision to launch an investigation into concerns about market access in China and the theft of American intellectual property, either through hacking or opaque policies and regulations that force companies to hand over trade secrets, has Beijing warning of a possible trade war. Others, however, say it is about time China got… Please follow and like us:

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Trump Targets China Trade as Frustration Over Help with Korea Mounts

President Donald Trump’s action Monday targeting China’s systematic theft of intellectual property of U.S. companies doing business there will go a long way toward fulfilling his campaign promise to reorient trade, an adviser said Monday. The adviser, speaking at a background briefing ahead of the president’s signature kicking off the probe, said Trump would order U.S.… Please follow and like us:

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Trump wants bilateral trade deals but individual nations can’t do it or are reluctant

WASHINGTON �� In his first swing through Europe as president, Donald Trump left little doubt that he would pursue his “America first” policy in economic relations, creating a stir by denouncing Germany’s trade surplus with the U.S. and promising to end it. “The Germans are bad, very bad,” Trump was quoted as saying during a meeting… Please follow and like us:

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‘BRICS Plus’ can become new integration model for world economy: EDB chief economist

MOSCOW — The expansion of BRICS, known as “BRICS Plus”, could become a new model of integration in the global economy, chief economist of the Eurasian Development Bank (EDB) Yaroslav Lissovolik said on Sunday. “Integration proceeded previously as a rule on a regional basis, and BRICS offers a system of diversified integration that provides for a… Please follow and like us:

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