Tag Archives: unfair trade

Consumer Rights and Responsibilities Every Indian Should Know

WORLD CONSUMER RIGHTS DAY 2022: March 15 is celebrated annually as World Consumer Rights Day. This global day is observed to raise awareness of consumer rights and needs. In India, the government passed the Consumer Protection Act 1986 which spells out some basic consumer rights. On the occasion of World …

Read More »

Laws Protect Against Certain Debt Collection Tactics

March 9, 2022 (Anchorage, AK) – Collection agents can use a variety of ways to engage with consumers to collect a debt, though Alaskans should be aware of the types of tactics that are illegal under federal and state laws. The Federal Debt Collection Practices Act (FDCPA) and Alaska’s Unfair …

Read More »

Massachusetts auto lender agrees to pay $5.5 million to resolve claims it failed to provide compliant deficiency notices

Another auto lender recently agreed to pay millions of dollars to resolve allegations by the Massachusetts Attorney General’s office that it failed to provide compliant notices of deficiency following auto repossessions by Commonwealth consumers. A copy of the Termination Insurance entered into by Santander Consumer USA Inc. can be found …

Read More »

Lloyd’s wins judgment in death of nutritional supplement

A federal appeals court has upheld the dismissal of a lawsuit brought against Lloyd’s of London in the case of a man whose death was attributed to ingesting a dietary supplement banned by the Federal Drug Administration. The FDA had already banned DMAA, an amphetamine derivative marketed in athletic performance …

Read More »

How China is Using Tax Policies to Defend Its Rare Earth Monopoly — Quartz

China’s dominance in the global rare earth industry is formidable. It accounts for nearly 60% of the world’s total critical element mining production, controls about 85% of global processing capacity, and manufactures nearly 90% of all rare-earth permanent magnets. A key factor that has helped China establish and maintain dominance …

Read More »

How the BOC can win the war on smuggling

A proven anti-smuggling structure (it reduced the smuggling rate by 25% and 32% at the time – twice, to be exact – it was operational) must be reinstated immediately. With the expected ratification of the Regional Comprehensive Economic Partnership (RCEP), which will allow more subsidized agricultural products to enter our …

Read More »

Trump news today: Ex-president’s first statement since accountant cut ties blames ‘vicious bullying tactics’

Stormy Daniels obliquely denies writing a statement on the Trump case Former President Donald Trump has released his first statement since his accounting firm Mazars USA severed ties. The former president’s longtime accounting firm dropped him as a client, writing in a court filing that a decade of Donald Trump’s …

Read More »

Equity in “fair” trade today

A rules-based system may have increased the volume of trade, but not everyone has. The growing and diverse trade that has taken place across borders under the aegis of the World Trade Organization (WTO) since its inception in 1995 has been widely seen as desirable. Strict adherence to its fundamental …

Read More »

Protection of the innocent needed | Kuensel online

Lately, social and mainstream media have been flooded with discussions about online digital businesses. While some netizens objected, warning them of possible scams, professionals defended it as legitimate like any other business. It is feared that the company is a pyramid scheme disguised as a multi-level marketing scheme where old …

Read More »

Service charge in restaurants Voluntary Not mandatory; Forced taxation is an unfair business practice: Consumer Commission

the Kolkata District Consumer Dispute Redress Forum recently ruled that restaurants cannot forcibly impose a service charge on a customer and therefore ordered the affected restaurant to return the service charge it collected from a customer along with a compensation amount. A Bench including the President Swapan Kumar Mahanty and …

Read More »

What Biden’s competitive crusade teaches us about globalization

Joe Biden has, pretty much since the start of his administration, taken a tougher stance on competition policy than any US president in memory. He has set up antitrust attorneys at the Federal Trade Commission, the Justice Department and the White House. He issued an executive order tackling corporate concentration …

Read More »

New lawsuits target cryptocurrency companies and their celebrity endorsers | Bilzin Sumberg

We have highlighted in a recent message regulators’ clear intentions to bring order to the cryptocurrency industry this year. However, the past three weeks have demonstrated that private litigants are not waiting for regulators to crack down on suspected bad actors in the crypto market. Two new high-profile lawsuits target …

Read More »

At the WTO, China is a “developing” country: why many countries are raising concerns

China’s status as a “developing country” at the World Trade Organization (WTO) has become a controversial issue, with a number of countries worrying that the upper-middle-income nation is pulling back. advantages reserved for developing countries under WTO standards. In addition, concerns have been expressed regarding “Least Developed Country” (LDC) status, …

Read More »

Consumer forum orders INOX to pay viewer ₹ 1 lak

Finding that delay in showing a film while showing commercial advertisements is an unfair business practice, a district consumer commission ordered INOX Leisure Private Limited to pay ₹ 1 lakh in punitive damages and damages. mention the actual time at which the film will be shown. Hyderabad District Consumer Dispute …

Read More »

The Ocean Shipping Reform Act passed in the United States House of Representatives

The Ocean Shipping Reform Act was recently passed by the United States House of Representatives by 364-60. The bill is the first major overhaul of federal regulations for the global shipping industry in over 30 years and resolves the supply chain crisis and protects South Dakota’s agricultural exporters from unfair …

Read More »

OYO Rooms penalized for refusing to occupy Ludhiana’s complainant

For refusing to occupy rooms in a hotel booked by the complainant through the OYO Rooms website, the District Consumer Disputes Recovery Commission, Ludhiana, ordered Ludhiana to pay. ??20,000 indemnities with ??5,000 litigation costs for the complainant. Kulwant Singh (52) of Guru Nanak Colony, Ludhiana, in his complaint against OYO …

Read More »

Chikkadpally Chandana brothers fined Rs. 1L for incomplete invoice issuance

Hyderabad: The District Consumer Dispute Resolution Commission has asked the Chandana Brothers jewelers of Chikkadpally to pay a fine of Rs. 1 lakh for issuing an invoice to a customer without mentioning their name. He was also asked to pay the customer Rs. 50,000 for non-reimbursement of Rs. 85,000 for …

Read More »

Update on the latest cases:

FINANCIAL MARKETS Stocks collapse after gloomy jobs report, as markets hover NEW YORK (AP) – Wall Street is collapsing after a mixed reading on jobs in the United States, a reading investors said was difficult to parse, in the latest episode of market dizzying trading. The S&P 500 was down …

Read More »

The rainbow trout recommendation is maintained

On Tuesday, November 30, the Secretary of State for International Trade announced that the TRA recommendation on imports of Turkish rainbow trout would be maintained and that the trade remedy measure on these goods would remain in place. You can read the TRA’s final decision on this matter in its …

Read More »

Tickets reserved, but trains not available; Frustrated UTS Application Users | Hubballi News

Hubballi: The “Unreserved Ticketing System (UTS)” application launched a few years ago by Indian Railways has been extremely beneficial for train travelers, helping them to book tickets in compartments not reserved for journeys last minute, renew railway cards and buy platform tickets, without having to wait in line for their …

Read More »

China is more of a risky competitor than a distant global rival of the United States (Report)

Tensions between the US and China are not easing as the Biden administration pushes Donald Trump’s strict Beijing policy forward and turns it into one-on-one competition with the Asian country, report says . The Hong Kong Post, in an opinion piece, said the Biden administration viewed China as a riskier …

Read More »

At the top with Biden, Xi overplayed his hand, containing him is the only option now

It is debatable how timely it was for President Biden to have insisted on a virtual meeting with President Xi at this point. What he hoped to realistically achieve is unclear, knowing the assumptions behind Xi’s policies, consolidating his power internally with his status elevated to that of Mao and …

Read More »

Hyderabad court tells Apollo hospitals to stop taking registration fees

Hyderabad: A consumer court ordered Apollo hospitals to pay a plaintiff 10,000 rupees for charging a registration fee, which it called an unfair trade practice. The major healthcare player has also been asked to pay Rs 3,000 in litigation costs. The ruling by the District Consumer Disputes Redressal Commission – …

Read More »

US agrees to ease Trump-era tariffs on EU steel and aluminum

Ed Steiner places an identification tag on one of the many reels of recycled metal shipped to manufacturers to be made into products such as nails, fences and springs at the Co-Steel mini-factory in Perth Amboy, NJ L The Biden administration announced an agreement on Saturday with the European Union …

Read More »

2 Ohio abortion clinics could close after Senate changes bill: Capitol Letter

Rumblings of the rotunda Closure of clinics: The Ohio Senate has passed a bill that would require physicians and other medical personnel performing abortions to provide life-saving care if a fetus survives an abortion. Hours before the full Senate voted on the bill, a Senate committee added an amendment that …

Read More »

Now sell counterfeit stoves, helmets or gas cylinders

Image source: PTI / REPRESENTATION (FILE). Now sell counterfeit cookers, helmets or gas cylinders. The Center on Tuesday announced the launch of a nationwide campaign to prevent the sale of counterfeit and counterfeit products that violate quality control orders, as its violation is a recognized offense under relevant sections of …

Read More »

European Commission publishes a proposal for a generalized scheme of preferences for the EU | Hogan Lovells

What is SPG? The GSP is a trade and development policy instrument that has been in place in the EU since 1971. It eliminates or reduces import tariffs to allow easier access to the EU market for goods exported from developing countries. eligible development. These tariff preferences are conditional on …

Read More »

Richard Haass’s Taiwan Triangle

The goal of US policy toward the island should be to reduce uncertainty about America’s intentions and its ability to achieve them, while pointing out to Chinese leaders the economic and military costs of aggression. As much as the Chinese rulers want Taiwan, they also want to retain the power …

Read More »

UP consumer panel fines airlines Rs 85.5 lakh

Lucknow: The National Consumer Appeal Board in Lucknow ordered IndiGo airlines to pay Rs 85.5 lakh in compensation and damages to plaintiff Vinay Shankar Tiwari for lack of service and unfair business practices. Commission member Rajendra Singh, in his order, stated that IndiGo was to pay Rs 35 lakh as …

Read More »

Kyodo News Digest: October 9, 2021

The following is the latest list of news summaries selected by Kyodo News. ———- US, China hold trade talks, with tariff elimination on agenda WASHINGTON – U.S. Trade Representative Katherine Tai spoke with her Chinese counterpart Liu He on Friday about a bilateral trade deal signed last year, with Beijing …

Read More »

National Assembly audits fail to summon retail CEOs

October. 8. 2021 Settings Business and Technology 2021-10-08 17:14 National Assembly audits fail to summon retail CEOs Jang Kee-hwan, CEO of Coupang Eats, speaks during an audit organized by the National Assembly’s Land, Infrastructure and Transport Committee on Friday. Yonhap By Kim Jae-heunCEOs of large retail companies here did not …

Read More »

The Biden Administration’s U.S.-China Trade Strategy: An Introduction

Abstract On October 4, 2021, U.S. Trade Representative Katherine Tai revealed the Biden administration’s highly anticipated strategic plan on U.S.-China trade policy, which set an overarching goal of “building resilience and competitiveness” for businesses. American workers and the economy in general. The plan outlines four steps to achieve this goal, …

Read More »

Prev # 24: The TTAB Rules That Reckless Disregard Of The Truth Is Enough To Prove Fraud – Intellectual Property

To print this article, simply register or connect to Mondaq.com. In the seminal fraud case of About Bose, the CAFC has left open the question of whether a “reckless disregard” of the truth is sufficient to find a USPTO fraud. The board has now answered this question in the affirmative, …

Read More »

Kyodo News Digest: October 5, 2021

The following is the latest list of news summaries selected by Kyodo News. ———- Biden looks forward to working closely with new Japanese Prime Minister Kishida WASHINGTON – US President Joe Biden said on Monday he would seek to work closely with new Japanese Prime Minister Fumio Kishida, calling the …

Read More »

Trump asks federal judge to restore Twitter account

Photo: Justin sullivan (Getty Images) Former President Donald Trump suffers from Twitter withdrawal. Having no viable way to get his fix since Twitter cut him off, Trump has turned to a federal judge to argue his case, hoping the legal system will force the company to let him tweet again …

Read More »

Another point of view: Trump’s tariffs have become Biden’s tariffs

As a presidential candidate, Joe Biden said the Trump administration’s trade war with China and head-to-head tariffs are weighing on the US economy and hurting US consumers, manufacturers and farmers. But eight months into his presidency, Biden has not lifted any of Donald Trump’s tariffs, not even those imposed on …

Read More »

Growth and change of COVID-19 until 2030

The major players in the photovoltaic solar panel manufacturing market are Trina, Canadian Solar, Jinko, Hanwha Q-Cell and SunPower. The global market for photovoltaic solar panel manufacturing is expected to grow by $ 164. New York, September 30, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Solar …

Read More »

Amberpet Dominos fined 10,000 rupees for using consumer as publicity agent and selling carry bag

Hyderabad: The Consumer Dispute Redressal Commission ordered Dominos à Bagh Amberpet to pay Rs 10,000 to a customer for charging Rs 7.62 for a carrying bag with a logo and using it as an advertising agent. The complainant, K. Murali Kumar, a resident of Himayat Nagar, had visited dominoes located …

Read More »

SC remains NCDRC order to compensate viewer for excluding song from SRK Fan movie

On September 20, the Supreme Court of India suspended an order made by the National Consumer Disputes Appeals Board (NCDRC) in which the forum ordered Yash Raj Films Pvt Ltd to pay 10,000 rupees as compensation. compensation as well as legal costs to the plaintiff Afreen Fatima Zaidi. . Apparently, …

Read More »

Adams and Reese add three partners to the New Orleans office,

NEW ORLEANS, Louisiana, September 21, 2021 (GLOBE NEWSWIRE) – Adams and Reese LLP is pleased to announce that Ricardo “Richard” Aguilar has joined the firm’s financial services practice as a partner in the Nova Scotia office. Orleans. Aguilar brings extensive experience and in-depth knowledge of commercial and commercial matters while …

Read More »

Why Yash Raj Films was asked to compensate the viewer for not including the “promotional song” in the film Fan-Entertainment News, Firstpost

The Supreme Court suspended the NCDRC order asking YRF to compensate the plaintiff who felt “cheated” by the exclusion of “Jabra Fan” from Shah Rukh Khan’s 2016 film. But he also confirmed the exclusion of “promotional” songs from the films as an “unfair commercial practice”. Shah Rukh Khan in “Jabra …

Read More »

France cancels defense summit with UK as fallout from submarines continues

France canceled a defense ministerial meeting with Britain this week amid diplomatic escalation over a nuclear submarine deal. Paris was blinded by the announcement last week of a new trilateral security pact between the UK, US and Australia – known as AUKUS. This involved Canberra canceling a £ 72.8 billion …

Read More »

To complete the poster, or not: The Tribune India

Pushpa Girimaji The last fortnight, I bought pastries in a bakery and the bill came in at Rs 90 and 50 paise. However, the bakery charged me Rs 91 and when I asked them about the overcharge I was told that due to the shortage of coins it was the …

Read More »

Aluminum Association Welcomes Positive Final Decisions In Aluminum Foil Unfair Trade Investigation

Aluminum Association Welcomes Positive Final Decisions In Aluminum Foil Unfair Trade Investigation Today, the US Department of Commerce announced its final ruling that imports of certain aluminum foil from Armenia, Brazil, Oman, Russia and Turkey are sold at a lower price than their fair value (or “dumping”) in the United …

Read More »

Mackage claims designs copied from Rival Rudsak with help from former employees

Ahead of sales for the fall / winter 2021 season, Mackage is fighting a legal battle over the design of one of its best-selling offerings: a certain fur-trimmed collar coat, which the nearly 25-year-old brand claims has he has been selling steadily since 2007, and which rival Canadian outerwear maker …

Read More »

Washington clings to ill-advised trade war harming US businesses, China Daily editorial says

Americans for Free Trade, a coalition of more than 150 industry associations, once again urged the Joe Biden administration to end the “ill-advised trade war” initiated by the previous US administration. “It is time to take a new approach to working with our trading partners that lightens the burden of …

Read More »

Former Chicago Mayor Rahm Emanuel Becomes President Biden’s Ambassador to Japan, Nicholas Burns Becomes Chinese Ambassador

Washington (WLS) -President Joe Biden has appointed former Chicago Mayor Rahm Emanuel United States Ambassador to Japan. Emmanuel is a former member of parliament for a third term who served as Barack Obama’s first White House chief of staff and senior adviser to the Bill Clinton administration. Biden was considering …

Read More »

Ninth Circuit dismisses the motion to dismiss in the pressure cooker case

A California Federal District Court recently dismissed an insurer’s motion to dismiss a manufacturer’s warranty claim on the grounds that an “unfair competition” exclusion barred coverage for an action alleging breaches of the law. Colorado Consumer Protection Act. The court allowed the lawsuit because the exclusion did not clearly, explicitly …

Read More »

Affiliate RSS suggests changes in consumer protection e-commerce rules

Swadeshi Jagaran Manch (SJM) on Wednesday suggested a series of amendments to the proposed rules for consumer protection on e-commerce and said the government must also take steps to protect traders and service providers associated with e-commerce. e-commerce giants. In its suggestions to the Department of Consumer Affairs, affiliate RSS …

Read More »

“Ohio’s at breaking point” and in need of a break

Growing up near Youngstown, my mother raised my brother and I working as an office worker. After school, we often walked to my grandparents for a home cooked meal. Everyone we knew worked hard, but there was still time for Sunday family dinner, religious holidays, family picnics, and high school …

Read More »

Dollar General, Aldi Beat Pa buyers face mask sales tax costume.

Through Archive Email Melissa Angell “href =” https://www.law360.com/pennsylvania/articles/1401969/# “> Melissa Angell Law360 provides free access to its coronavirus coverage to ensure that all members of the legal community have accurate information in this time of uncertainty and change. Use the form below to subscribe to one of our weekly newsletters. …

Read More »

Is Kenya becoming East Africa’s “weeping baby”?

Issa Khamisi from Tanzania unloads oranges from a truck at the Karatina market in Nyeri.[File,Standard] When it comes to trade relations with its neighbors, Kenya still seems to cry foul against unfair trade practices. The country systematically bans the import of products from the rest of the East African region, …

Read More »

Ambassadors: Biden should look at values, investment ties to strengthen relationship with South Korea

President Moon Jae-in, right, chats with Georgia Governor Brian Kemp just before visiting the SK Innovation battery factory at Commerce. Photo: Cheong Wa Dae (Korea’s Blue House) President Joe biden should benefit from growth we investment links with South Korea as a way to deepen the long-standing alliance across multiple …

Read More »

Anchorage RV rental company ordered to pay $ 110,000 for unfair trading practices

An Anchorage RV rental company has been ordered by a judge to pay $ 110,000 for unfair and deceptive trading practices, the Alaska Department of Justice said this week. Prosecutors filed a civil action against Alaska Motor Home Inc. in 2019. According to a complaint filed by prosecutors at the …

Read More »

Koya calls for end to unfair trade – FBC News

Fiji is concerned about the inequalities exacerbated by the new World Trade Organization subsidies agreement. Trade Minister Faiyaz Koya called for the need to reduce inequalities on the global trade platform where Fiji and the Pacific are minor players. Koya added that Small Island Developing States (SIDS), including Fiji, are …

Read More »

Trump kicks off revenge tour with eyes on Ohio Republican

Donald Trump will launch his revenge tour on Saturday against Republicans who challenged him in the aftermath of the 2020 election and the January 6 insurgency, hoping to convince his supporters to fire Ohio Representative Anthony Gonzalez. The effort to oust Republicans who crossed paths with him will be one …

Read More »

Portman and Brown applaud trade commission ruling in favor of American Tire workers

The International Trade Commission (ITC) voted positively on the petition for anti-dumping (AD) and countervailing duties (CVD) on passenger vehicle and light truck (PVLT) tires June 25, 2021 | Press Releases WASHINGTON DC – Today, U.S. Senators Rob Portman (R-OH) and Sherrod Brown (D-OH) applauded a decision by the U.S. …

Read More »

Biden re-establishes ties with allies to verify China: The Tribune India

Yogesh gupta Former Ambassador President Biden’s first foreign visit to Europe June 9-16 will be remembered for how he tamed dissident and questionable allies and rejuvenated the transatlantic alliance to deliver a message of strong unity and determination to a China aggressive (and to a combative Russia), which is trying …

Read More »

India proposes tougher e-commerce rules to deal with ‘widespread cheating’ complaints – TechCrunch

India on Monday proposed to ban flash sales on e-commerce platforms and prevent their affiliates from being listed as sellers, as the South Asian market seeks to further tighten rules that could hurt businesses. future prospects for Amazon and Walmart’s Flipkart in the world’s second largest market. the proposal (PDF), …

Read More »

WALKER WILDMON: Democrats are not the workers’ party | Chroniclers

For years we have been told that the Democratic Party is the party of the working class. Democrats have traditionally been associated with labor unions and government programs aimed at helping middle- and low-income families. I submit to you that this association is built on faulty ground. Washington’s elected Democrats …

Read More »

Cruz: the Americans should compete with China at the Beijing 2022 Olympics and “kick their commie a – es”

Senator Ted Cruz broke with a number of other Republicans by saying the United States should not boycott the Beijing Olympics in 2022 to oppose China’s abuses, but should instead “kick back. foot to their ‘a – es’ “. The Texas Republican wrote a tweet in agreement with former President …

Read More »

Florida lawmakers call for seasonal crop protections

Over the past decades, trade deals with Mexico have frustrated Florida farmers. This continued after the negotiation of the United States-Mexico-Canada Agreement, which replaced the North American Free Trade Agreement. Now a bipartisan group of lawmakers want relief for the state’s vital agriculture industry. US Senator Marco Rubio and Rick …

Read More »

China and America borrow weapons from each other

AMERICAINE AND Chinese officials often talk about expanding the array of weapons they have to fight each other. China studies the movements of its opponent and responds accordingly. America is also learning from its adversary. On June 12, the White House declared that America and members of the g7 would …

Read More »

Rubio, Scott, Buchanan and Lawson Reintroduce Bill to Tackle Unfair Trade Practices Affecting Florida Fruit and Vegetable Growers

Washington DC – U.S. Senators Marco Rubio (R-FL) and Rick Scott (R-FL), along with U.S. Representatives Vern Buchanan (R-FL) and Al Lawson (D-FL), reintroduced legislation to help fruit growers and Florida vegetables to combat unfair trade practices of countries like Mexico. More precisely, the Law on the Defense of the …

Read More »

Insurance company fined for lack of service: The Tribune India

Ramkrishan upadhyay Tribune press service Chandigarh, June 14 Failure to pay the Maturity Amount of a Policy in accordance with the Guaranteed Minimum Amount constitutes insufficient service. In stating this, the District Consumer Disputes Redressal Commission, UT, not only ordered an insurance company to pay the balance of Rs 59,095 …

Read More »

Joe Biden urges West to toughen up on China: CityAM

Joe Biden called on democratic Western nations to collectively harden the leadership of China and other “autocratic governments around the world” in order to win a great battle of ideologies. The US president used much of his G7 summit press conference to denounce China’s increasingly aggressive human rights violations, unfair …

Read More »

Bennett-Lapid must face Biden as China’s tentacles grow in Israel

Remember who won the tender to build the Port of Ashdod in 2014 for a billion dollars? The answer: the China Communications Construction Group. Remember Alon Tavor’s power plant that recently sold for around $ 600 million? It was also sold to a subsidiary of the same Chinese group. And …

Read More »

Karnataka HC rejects Amazon and Flipkart petition against ICC investigation: Details

The Karnataka High Court on Friday dismissed the plea filed by e-commerce companies Amazon and Flipkart, challenging the investigation ordered by the Indian Competition Commission (ICC) against them for competition law violations. In an important judgment delivered on Friday, the High Court of Karnataka canceled lawsuits filed by Amazon.com Inc. …

Read More »

Seoul shouldn’t be affected by Beijing to become a member of D10: The DONG-A ILBO

South Korean President Moon Jae-in left for Britain on Friday to join the G7 summit at the invitation of British Prime Minister Boris Johnson, who asked for the participation of leaders from Australia, India, South Africa and South Korea in the first face-to-face. facing a multilateral meeting since the start …

Read More »

Pentagon makes China its political priority with several new classified programs

US Secretary of Defense Lloyd Austin attends a Pentagon press conference May 6, 2021 in Arlington, Virginia. Alex Wong | Getty Images WASHINGTON – Defense Secretary Lloyd Austin on Wednesday ordered the Pentagon to put China and its military build-up at the center of U.S. defense policy. The Pentagon-wide classified …

Read More »

KFTC issues first penalties for fictitious pharmaceutical patent infringement litigation

On March 11, 2021, the Korea Fair Trade Commission (“KFTC”) imposed intellectual property rights (“IPR”) abuse sanctions against a Korean pharmaceutical company (“Company”), which were the first such sanctions. pronounced by the KFTC. for what is called fictitious patent infringement litigation. Specifically, the KFTC imposed a remedial order and administrative …

Read More »

China’s competition bill explained – CNNPolitics

President Joe Biden expressed support for the bill, which would invest more than $ 200 billion in manufacturing, technology, research and development in the United States. If the bill becomes law, it would be a major bipartisan victory for the president who has made reaching across the aisle a priority. …

Read More »

Why the G7 targets tech companies with a global minimum corporate tax

London The Group of Seven Wealthy Democracies on Saturday agreed to support a global minimum corporate tax of at least 15% to deter multinational companies from avoiding taxes by hiding their profits in low-tax countries. G-7 finance ministers meeting in London also endorsed proposals to force the world’s biggest companies …

Read More »

G-7 countries sign key pact to force tech giants to pay fair taxes

LONDON (AP) – The Group of Seven Wealthy Democracies on Saturday agreed to support a global minimum corporate tax rate of at least 15% to deter multinational companies from avoiding taxes by hiding their profits in countries at low rates. G-7 finance ministers meeting in London also endorsed proposals to …

Read More »

Chinese solar companies confident despite unfair and hostile trade policies

Photo: Xie Jun / GT Chinese solar companies projected confidence in their global businesses at a major industrial fair in Shanghai, even as they face a barrage of challenges, including unfair trade policies and malicious slander pushed by politicians and competitors. Westerners. At the SNEC Shanghai International Photovoltaic Power Generation …

Read More »

Overabundance of Chinese masks undermines U.S. businesses

Mask mandates have eased, a welcome step in the fight against covid-19, but for the two dozen domestic companies that entered the mask-making business last year, the good news is ‘comes with a downside – a catastrophic drop in sales. Part of the slowdown in demand is linked to the …

Read More »

US mask companies struggle to compete with China

At Congress, a bill with bipartisan support would allocate $ 500 million in annual spending over the next three years to support domestic manufacturers of vital medical equipment. While industry executives welcome these measures, they say time is running out. the American Mask Manufacturers Association, a newly formed trade group, …

Read More »

China contradicts Wuhan lab probe of Biden’s Covid origins … by calling for US lab probe

Just over a year ago, when Covid-19 infections were on the rise in the United States, former President Donald Trump began promoting a marginal theory that the virus had escaped from lab to lab. Wuhan, the Chinese city where it was first detected. Beijing reacted angrily to the claim, accusing …

Read More »

Plymouth gas station told to stop price hikes by Michigan AG

LANSING, MI – A Plymouth Township gas station has been put on formal notice after being accused of rising prices following the recent colonial pipeline hack. The BP gas station on Ann Arbor Road in Plymouth Township has been ordered to stop price gouging following an investigation by Michigan Attorney …

Read More »

U.S. and Chinese trade negotiators hold talks

U.S. and Chinese trade negotiators have made contact over the ongoing trade dispute between the two countries for the first time since U.S. President Joe Biden took office. New U.S. Trade Representative Katherine Tai and Chinese Vice Premier Liu He spoke on Thursday, the two sides said in separate statements. …

Read More »

Biden supports waiver of vaccine patents. Is climate technology next? – Wednesday May 26, 2021 – www.eenews.net

Earlier this month, the Biden administration sent shockwaves through the pharmaceutical industry when it expressed support for the lifting of patent protection against the COVID-19 vaccine. “This is a global health crisis, and the extraordinary circumstances of the COVID-19 pandemic call for extraordinary action,” said then-US Trade Representative Katherine Tai. …

Read More »

Government imposes anti-dumping duties on steel trade from Indonesia and Vietnam

KUALA LUMPUR (April 26): The Malaysian government has imposed anti-dumping duties on imports of cold-rolled stainless steel in coil, sheet or any other form (subject merchandise) originating in or exported from Indonesia and Vietnam. In a statement released today, the Ministry of International Trade and Industry (MITI) said the anti-dumping …

Read More »

Response to the review of my book by Asia Times

(MENAFN – Asia Times) I must begin by thanking George Koo for his interest and important commentary on my recent book, The Upside Down: America, China, and the Struggle for Global Leadership. To introduce this book to the reader, Koo mentions my previous book, Trading Places, which dealt with trade …

Read More »

Optimistic new federal plan for winegrowers will help farmers

Niagara farmer Matthias Oppenlaender said winemakers are happy the federal government pledged $ 101 million for the Canadian wine industry in last week’s budget. But, he said, “the devil is always in the details, right?” And the details are still being worked out. Oppenlaender, who owns Huebel Grapes Estates in …

Read More »

US questions use of sPS-iC pHL in agricultural imports

WASHINGTON expressed concern over Manila’s use of Sanitary and Phytosanitary Import Clearances (SPS-IC) to restrict the importation of certain agricultural products for reasons “unrelated to the protection of life or protection. human, animal or plant health ”. The United States raised several questions regarding the Philippines’ non-issuance of SPS-ICs to …

Read More »

LG Chem – SK Innovations commercial agreement is a boon for the electric vehicle industry

On April 11, LG Chem, Ltd. and SK Innovation Co., Ltd., two leading South Korean manufacturers of electric vehicle (EV) batteries, settled a long-standing trade dispute in which LG accused SK of trade secret misappropriation. SK has agreed to pay LG approximately US $ 1.8 billion in a combination of …

Read More »

Here’s what Trump did for US citizens | News, Sports, Jobs

THE EDITOR: In the March 28 edition of The Vindicator, a letter from Russ Nalepa raised concerns about a suggestion for a park to be named after President Trump. What really caught my attention was that the author of the letter said he “can’t think of anything that he (Trump) …

Read More »

China seeks military bases in Africa, biggest threat to US, official says

ANI | Update: Apr 25, 2021 6:06 AM STI Washington [US], April 24 (ANI): As China continues to increase its military presence across the African continent, Washington said its forces in Africa were monitoring China, adding that it was moving closer to establishing a network military and naval bases across …

Read More »

International trade and economic disruption in context

Paul Romer (Nobel ’18) offered a lapidary aphorism a few years ago: “Everyone wants progress. No one wants change. ” But of course, the process of economic progress is inevitably irregular. It doesn’t affect everyone in the same way. International trade is part of the process of economic progress, but …

Read More »

Indian cabinet approves trade recovery deal with Bangladesh

Agreement aims to deter unfair trade practices and promote rules-based bilateral trade The Indian Cabinet, chaired by Prime Minister Narendra Modi, gave ex post facto approval to the Memorandum of Understanding (MoU) between India and Bangladesh on the establishment of a framework for cooperation in the field of corrective measures …

Read More »

US Tariffs: US To Maintain 25% Tariffs On Cheese, Wine And Other Spanish Products | Economy and business

The United States government on Wednesday announced it would maintain tariffs imposed on European Union exports last year – a move that will affect Spanish cheese, wine, olive oil and pork products. The United States introduced the duties on October 18, 2019, after winning a dispute at the World Trade …

Read More »