Offshore drilling rig at sunset

Energy Trade and GATT Rules: Is Something Missing?

Trade in hydrocarbons, fissionable materials and cross-border transmission of electricity largely take place outside the multilateral trading system. Two key developments may now lead to convergence between the energy business and the rules of the WTO.

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A Breakthrough in Arctic Trade Routes

Polar caps in the Arctic are receding, creating access to new trade routes for parts of the year. The routes are valuable short cuts for global trade but the waterways are precarious to navigate with unpredictable weather, the need for specialized icebreaking ships, and the necessity to operate at slower speeds, all of which make the routes less commercially reliable and partially offset the savings in time and fuel. So why are Russia and China racing other major powers to gain control of these waterways?

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Sweden v England: Quarter Final - 2018 FIFA World Cup Russia

Import Substitution: From Cars to Soccer Stars

Last year, almost 70 percent of the players in England's Premier League were from other countries. Could this be causing a hollowing out of talent when the World Cup rolls around? Does the home country need to be more “protected” by setting aside more spots for local talent? Or does a “free trade” approach drive up the level of competition?

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fireworks-at-fort-vancouver-2017-bob-holcomb-web

Despite Trade Tensions Fireworks Exports from China are Booming

Whether you bought a multipack of screamers, bottle rockets, and roman candles from a roadside stand, or plan to watch a professionally-designed community display this Fourth of July, chances are the fireworks themselves were produced in China.

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Industrial robotic welding and robot gripping working on smart factory, industry 4.0 and technology concept

What You Need to Know About “Made in China 2025”

U.S. trade policy toward China under the Trump Administration is heavily focused on addressing the perceived unfairness and competitive disadvantages created by China's industrial policies, chief among them, Made in China 2025. Here's your Essential graphic on the policy's core components.

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Delivery drone with the cardboard box on white background.

Export Controls and the Art of Modern Defense

Export controls are not a new idea. They date back to at least the 14th century when the English tried to keep longbow technology out of the hands of the French during the Hundred Years War. Today, we face a very different world with multiple adversaries, including non-state actors, and no strong consensus on how or when to act.

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Euro and US Dollar coins. One Euro and USA Dollar coins standing on edge supported on coins

Understanding U.S. Tariff Actions: Two Sides of the Coin

  The U.S. Administration has announced yet another investigation which could result in tariffs – this time on automobiles. Given the recent flurry of trade actions, it would be understandable if they all started to blend together in the mind of observers. That would be unfortunate. It is important to understand that there are distinct […]

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Oil tank in harbor

Energizing U.S. Oil and Gas Exports to China

Against a backdrop of high profile trade and investment disputes between the United States and China, American hydrocarbon exports to China are booming. U.S. energy commodity exports to China went from $2.6 billion in 2016 to $8.6 billion in 2017.

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3d race car on white background

Trade Promotion Authority: Driving Trade Deals on the Fast Track to Congressional Approval

A May 17 NAFTA deadline has been in the news. That's because Congressional leaders have advised the Trump administration that the deal needs to get done soon in order to have a vote on NAFTA 2.0 in this Congress under so-called “fast track” voting procedures. There are all sorts of steps on the timeline built into the Trade Promotion Authority legislation (TPA) for expedited approval of trade agreements. Here’s a short version of the history, context, and essentials of how it all works.

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Breaking the status

Investor-State Dispute Settlement Faces Hurdles on the Road Ahead

The United States has a long history of advancing the rules-based order and, as a practical matter, has never lost a dispute arising from one of its many investment agreements. But investor-state dispute settlement procedures may not have a future.

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