“Commercial Awareness Is Global.”
By: Ainsley Brown The trade skirmish that has erupted between China and the European Union over shoe tariffs has been one that I have being following very closely here on Commercial Law international. And, yes you guessed it, each side continues to exchange salvoes; the latest being China moving from the consultative stage of the World Trade Organization’s (WTO) dispute
By: Ainsley Brown Global trade was expected to drop as much as 10% in 2009; instead it fell by 12%. That extra two percent may not seem like much but it represents the largest drop in global commerce since 1945. This greater than expected drop has lead to renewed calls from Pascal Lamy, the Director General of the World Trade
By: Ainsley Brown In move that comes as no surprise, China has launched an official complaint with the World Trade Organization (WTO) over the European Union (EU) duties on imported Chinese shoes. And I saw this one coming a mile away; see my previous post on this issue. The duties were imposed in December of last year for a 15 month
By: Ainsley Brown In yet another sign of the increasing trade rift between Washington and Beijing, the Chinese have announced last Friday that they will impose duties on imported US chicken feet. Yes, I said chicken feet and not chicken. While many of my readers might find it unusual, perhaps even revolting, that someone would be eating chicken feet, the
By: Ainsley Brown The European Union (EU) voted this week to continue the anti-dumping duties it put on certain Chinese and Vietnamese footwear imported in the EU. In a previous post, I speculated that the EU would vote to discontinue the tariffs – boy was I ever wrong. And the EU’s decision has not gone unnoticed in the EU and
By: Ainsley Brown In what is clearly a sign of the continuing rise of tensions in global trade relations, China last week imposed duties US and Russian steel. The target of the duties is flat rolled steel used in the electric power sector. According to the Chinese the steel products were being dumped – that is being sold at below
By: Ainsley Brown The European Union (EU) last week rejected a plan that called for the extension of duties placed on Chinese and Vietnamese footwear. While a bit of a setback for Trade Commissioner, Baroness Ashton, the vote was far from a clear rebuke of her wishes to see the duties extended for a further 15 months. The Anti-dumping Committee
By: Ainsley Brown There is nothing new with European Commission having to balance competing constituents – both market and geographic. The case remains the same with the anti-dumping duties put in place in 2006 to protect EU shoe manufacturers from cheaper Chinese and Vietnamese imports. The EU will decide tomorrow if it will continue or end the duties on the cheaper Chinese and Vietnamese
By: Ainsley Brown A 47 year old former engineer from the Ford Motor Company has been charged with stealing some of the company’s trade secrets. The engineer, a one Xiang Dong Yu, also known as Mike Yu, was charged last week after traveling from China to the US. Mr. Yu is accused of unauthorized computer access; theft, and attempted theft
By: Ainsley Brown A potential GreenTech war is brewing between Japan and China, location Bolivia. The salt flats of Bolivia´s Salar De Uyuni, where most recent James Bond movie was shot (Quantum of Solace) seems like the most unlikely place for a green technology war, much less one between Japan and China. However, it very much is. Both countries through