Deals with the congressional negotiations in the United States on granting Beijing, China permanent normal trade relations that would ease its entry to the World Trade Organization. Potential impact of the policy paper issued by Beijing against Taiwan on the Senate action on the legislation; Remarks by US Vice President Al Gore on trade pacts with China; Views of lawmakers on granting China permanent normal trade relations.
INTERNATIONAL economic relations, CHINA-United States relations, INTERNATIONAL trade
Abstract
The article discusses the U.S.-China relations. It is said that despite U.S. President Barack Obama's promises of tough trade enforcement, the administration as well as Congress have been careful with their approach toward China. It is said that the economic future of the two countries remain interdependent on each other and American legislators cannot attack China's policies without having an impact on U.S. firms. U.S. corporations reportedly make 150 billion U.S. dollars a year in China.
LEGISLATIVE bills, INTERNATIONAL economic relations
Abstract
Focuses on the importance of the bill which seeks to grant China permanent normal trading relations with the United States (U.S.). How the U.S. 106th Congress tackle the bill; Issues raised by legislators in connection to the bill; Outlook of the U.S. Senate for the bill; Highlights on the bill.
The article reports on the initiative of the administration of U.S. President Barack Obama to increase trade relations with Russia, and the misgivings some sectors are expressing on such a policy. It states that these apprehensions are due to a lingering distrust of a former enemy, and due to Russia's unfavorable human rights record. The move also draws to mind the experience the U.S. had with attempting to increase trade relations with China during the administration of President Bill Clinton.
INTERNATIONAL trade, DUMPING (International trade), INDUSTRIES, INTERNATIONAL economic relations
Abstract
The article discusses the international trade enforcement measures taken by the administration of U.S. President Barack Obama. It describes the government's pursuit of countervailing duties and tariffs when foreign imports are dumped or are harming U.S. industries. Ways in which the government has been challenging several actions of the World Trade Organization (WTO) are considered. The unbalanced trading relationship between the U.S. and China is also discussed.
TRADE regulation, INTERNATIONAL economic relations
Abstract
Discusses the legislation submitted by United States (U.S.) President Bill Clinton in March 200 that would make permanent the normal trade relations (NTR) status of China with the U.S. Conditions of the 1974 Trade Act on NTR status; Changes of attitudes among the opposition; Campaigns to enhance public support for trade with China; Concerns about the relation of China with Taiwan and human rights violations. INSET: A Trade Bill in China's Wake.
The article reports that the U.S. Congress plans to reverse a decision by the U.S. Court of Appeals for the Federal Circuit that ruled out the imposition of punitive tariffs on imported tires from China. The decision reportedly invalidates 22 other tariffs that were put in place to counter predatory trade practices by the Chinese. Lawmakers, with the support of U.S. President Barack Obama plan to counter the rulings by legislation.
Published
2012
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