In this episode, Trade Guy Scott reports back from the Windy City and fills Bill and Jack Caporal (filling in for Andrew)in on the USMCA. They also discuss the restart of U.S.-China talks, and Dr. Sabine Weyand's discussion earlier this week at CSIS headquarters.
In this episode, the Trade Guys and Andrew hit the road to record in front of a live audience at Georgetown University. On the agenda was the status of the US-China talks and what the president means by a US-Japan deal. Students of CSIS Korea Chair Victor Cha’s Modern Asia class asked questions that the Trade Guys answered throughout the show.
Any evaluation must look both at the policy and its implementation—regular readers of this column may remember the story of the grasshopper and the ant. If the latter is flawed, then the merits of the policy end up being little more than a footnote.
On November 6, voters flipped the House of Representatives away from Republican control into the hands of Democratic members. Republicans managed to strengthen their grip on the Senate. These developments will have implications for the administration’s trade policy agenda, although some questions remain given the evolving and unconventional political dynamics surrounding the issue.
While President Trump withdrew the United States from the Trans-Pacific Partnership (TPP) in his first week in office, the 11 remaining members of the agreement have stormed forward.
The Trump administration has formally notified Congress that it intends to negotiate trade agreements with the European Union, United Kingdom, and Japan. The Scholl Chair explores what the next steps for each party are and where the negotiations could lead.
In this episode, the Trade Guys cover a lot of ground. Japan is following EU’s playbook by agreeing to bilateral trade talks with the United States. Trade tensions with China may begin to spill over into other areas of bilateral tension. The trade deficit widens, and the NFL scores an USMCA win. Hosted by H. Andrew Schwartz, and produced by Yumi Araki and Jack Caporal at the Center for Strategic and International Studies in Washington.
The completion of USMCA negotiations, however, has allowed attention to turn to other trade issues. While talks with the European and Japan are looming, China is the topic _du jour_, especially in the wake of the vice president’s speech last week. And there, I think, we are witnessing the unfolding of a time-tested tactic—"bait-and-switch”—promising one thing and delivering something else, usually of lesser value.
After roughly a year and a half of overtures from the Trump administration, Japanese Prime Minister Shinzo Abe has agreed to enter into talks for a “United States-Japan Trade Agreement on goods,” and other key areas. The joint statement announcing the negotiations was released on Sept. 26 on the sidelines of the United Nations General Assembly after a bilateral meeting between President Trump and Prime Minister Shinzo Abe. Questions remain, however, about the scope of the negotiations, the resolution of U.S. national security tariffs on steel, aluminum and automobiles, and what either side may be willing to give to the other to reach a deal.
Trade Guys Bill Reinsch and Scott Miller discuss the United States’ counter-offensive against WTO lawsuits filed by China, the EU, Canada, Mexico, and Turkey.
The Trade Guys, Scott Miller and Bill Reinsch tackle two big stories: what came out of the latest U.S.-China trade talks, and what’s happening with the North American Free Trade Agreement.
Robert Lighthizer, the U.S. Trade Representative, is dusting off his playbook from the 80s. The trade policy veteran, who served as a deputy in the Reagan administration, is seeking negotiated steel and aluminum quotas and has made his skepticism of the World Trade Organization no secret.