scholarly journals A model of American foreign trade policy

2002 ◽  
Vol 54 (1-2) ◽  
pp. 115-130
Author(s):  
Predrag Bjelic
Keyword(s):  
United States ◽  
Trade Policy ◽  
The United States ◽  
Foreign Trade Policy ◽  
Basic Principles ◽  
Bilateral Relations ◽  
Economic Organizations ◽  
The World ◽  
Trading Partners ◽  
Institutional Model

In this paper the author explains very complex and developed process of trade policy creation in the United States. He describes the institutional model of trade policy creation, main organs and procedures, and the legal setting for that process. He also gives the basic principles in the realization of American trade policy in all dimensions - bilaterally regionally and multilaterally, that is to say the bilateral relations with main American trading partners, the links of the United States with the main regional economic groupings in the world and the U. S. influence in international economic organizations.

scholarly journals NATIONAL SECURITY EXCUSE FOR THE NE0-PROTECTIONIST TRADE POLICY OF PRESIDENT’S TRUMP ADMINISTRATION

2018 ◽  
Vol 14 (2) ◽  
pp. 439-449
Author(s):  
Ryszard ŁAWNICZAK
Keyword(s):  
United States ◽  
Trade Policy ◽  
National Security ◽  
The United States ◽  
Donald Trump ◽  
Entire List ◽  
The World ◽  
Trading Partners ◽  
Trade War ◽  
Trump Administration

In March 2018, the newly elected President of the United States, Donald Trump, surprised the world by triggering a trade war with his largest trading partners. He announced that he would introduce 25% and 10% of customs tariffs on imports of steel and aluminium. Besides he threatened to impose duties on imports of European cars, as well as on the entire list of other products, as long as the trading partners do not stop unfair trading practices and will not reduce their own barriers to American products. In the article, the author tries to explain why protectionist measures of the American administration should be defined as "neo-protectionism", and why and if justly those protectionist steps President Trump justifies as a “threat to national security".

The Investment Provisions of the Canada—United States Free Trade Agreement: A Canadian Perspective

1990 ◽  
Vol 84 (2) ◽  
pp. 394-443 ◽  
Author(s):  
Jean Raby
Keyword(s):  
United States ◽  
Free Trade ◽  
Free Trade Agreement ◽  
Bilateral Trade ◽  
Good Deal ◽  
Trade Agreement ◽  
Ronald Reagan ◽  
The United States ◽  
The World ◽  
Trading Partners

This is a good deal, a good deal for Canada and a deal that is good for all Canadians. It is also a fair deal, which means that it brings benefits and progress to our partner, the United States of America. When both countries prosper, our democracies are strengthened and leadership has been provided to our trading partners around the world. I think this initiative represents enlightened leadership to the trading partners about what can be accomplished when we determine that we are going to strike down protectionism, move toward liberalized trade, and generate new prosperity for all our people.On January 2, 1988, President Ronald Reagan of the United States and Prime Minister Brian Mulroney of Canada signed the landmark comprehensive Free Trade Agreement (FTA) between the two countries that already enjoyed the largest bilateral trade relationship in the world. The FTA was subsequently ratified by the legislatures of both countries, if only after a bitterly fought election on the subject in Canada. On January 1, 1989, the FTA formally came into effect.

Germany's relations with the United States and China from a strategic triangle perspective

2021 ◽  
Author(s):  
Sebastian Biba
Keyword(s):  
United States ◽  
European Union ◽  
The United States ◽  
Great Power ◽  
The European Union ◽  
Bilateral Relations ◽  
Puzzle Piece ◽  
The Us ◽  
The World ◽  
Angela Merkel

Abstract As the Sino-American Great Power competition continues to intensify, newly-elected US President Joe Biden's administration now seeks to enlist the support of its allies and partners around the world. As Europe's largest economy and a, if not the, leading voice within the European Union, Germany represents an important puzzle-piece for Biden. But Germany, at least under outgoing chancellor Angela Merkel, has been reluctant to take sides. It is against this backdrop that this article looks into Germany's past and present trilateral relationships with the US and China through the theoretical lens of the so-called strategic triangle approach. Applying this approach, the article seeks to trace and explain German behaviour, as well as to elucidate the opportunities and pitfalls that have come with it. The article demonstrates that Germany's recently gained position as a ‘pivot’ (two positive bilateral relationships) between the US and Chinese ‘wings’ (positive bilateral relations with Germany and negative bilateral relations with each other) is desirable from the perspective of the strategic triangle. At the same time, being pivot is also challenging and hard to maintain. Alternative options, such as entering a US–German ‘marriage’ directed against China, are also problematic. The article therefore concludes that Germany has tough decisions to take going forward.

16. Trade Policy

2020 ◽  
pp. 363-387
Author(s):  
Alasdair R. Young
Keyword(s):  
United States ◽  
Trade Policy ◽  
European Integration ◽  
The United States ◽  
Bilateral Agreements ◽  
Multilateral Negotiations ◽  
The World ◽  
Integration Project ◽  
The Eu

This chapter introduces the importance of EU trade policy both to the European integration project and to the EU’s role in the world. It explains how different aspects of trade policy are made. The chapter also charts how the emphasis of EU trade policy has shifted from prioritizing multilateral negotiations to pursuing bilateral agreements. It considers how the EU has responded to the apparent politicization of trade policy within Europe and to the United States’ more protectionist and unilateral trade policy. It also considers Brexit EU trade policy and how trade policy complicated Brexit. It argues that there has been considerable continuity in EU trade policy despite these challenges.

China’s Relations with Russia

2020 ◽  
pp. 233-250 ◽  
Author(s):  
Alexei D. Voskressenski
Keyword(s):  
United States ◽  
Soviet Union ◽  
The United States ◽  
Soviet Period ◽  
Bilateral Relations ◽  
The Soviet Union ◽  
The World ◽  
Military Relations ◽  
Post Soviet Period

Russia’s relations with China (and vice versa) have evolved steadily during the post-Soviet period. Leaders on both sides have proclaimed, for a number of years now, that their bilateral relations are at their best point in history. How did the China-Russia relationship reach such a stage, especially given their long (and largely discordant) history? This chapter traces the evolution of China-Russia relations since the collapse of the Soviet Union. It identifies the commonalities and common purposes Moscow and Beijing have in world affairs, as well as their bilateral economic, cultural, and military relations. The China-Russia relationship has important implications for the United States, as well as American allies in the world.

U.S. & Soviet Agriculture

Worldview ◽  
1982 ◽  
Vol 25 (12) ◽  
pp. 8-10 ◽  
Author(s):  
Lester R. Brown
Keyword(s):  
United States ◽  
Soviet Union ◽  
The United States ◽  
The Soviet Union ◽  
Grain Trade ◽  
Oil Exports ◽  
The World ◽  
Trading Partners ◽  
Economic Considerations ◽  
The U.S

Each day two 20,000-ton freighters loaded with grain leave the United States for the Soviet Union. This flow of grain between two major adversaries is influenced by economic considerations such as the size of the Soviet grain deficit, the U.S. capacity to supply, and the Soviet ability to pay. Political considerations include the risk to both trading partners of such a heavy interdependence, whether as supplier or market.Never before has a country dominated the world grain trade as the United States does today. Its 55 per cent share of world grain exports in 1981 easily overshadows Saudi Arabia's 24 per cent share of world oil exports in 1978. And while the amount of oil traded internationally has been falling since 1979, grain shipments are continuing to grow.

Chapter II. The World Economy

1976 ◽  
Vol 77 ◽  
pp. 33-49
Keyword(s):  
United States ◽  
Industrial Production ◽  
World Economy ◽  
Early Stage ◽  
The United States ◽  
Oecd Countries ◽  
The Third ◽  
The World ◽  
Trading Partners ◽  
To Come

It is now clear that output in the OECD countries rose even faster in the early stage of the recovery than we had previously supposed. Between the third quarter of 1975 and the first quarter of 1976 their aggregate GDP appears to have increased at an annual rate of 7 per cent and their industrial production at 12 per cent. By the second quarter, however, stock movements were probably making a substantially smaller contribution to the expansion of demand. The rate of growth of industrial production has slowed down considerably since the spring and the same is probably true of GDP, particularly in view of the effects of the drought on European agricultural output. By the second half of next year we expect the deceleration to become more pronounced in the major countries, particularly the United States. The smaller countries have, however, been lagging behind their bigger trading partners in the recent cycle and their phase of rapid recovery is probably yet to come. In all we expect OECD countries' aggregate GDP to increase in volume by 5½–6 per cent this year and 5 per cent in 1977.

scholarly journals Arising of Trade Disputes among the G20: Evaluation of US-China Trade Relations in the Context of World Trading System

2019 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Yagoub Elryah ◽  
Keyword(s):  
United States ◽  
Trade Policy ◽  
Global Financial Crisis ◽  
Large Body ◽  
The United States ◽  
Trading System ◽  
Trade Disputes ◽  
China Trade ◽  
The World ◽  
World Trading System

Trade policy among the G20 has emerged as one of the challenges the group faces during the last decade after the 2008 global financial crisis. This paper aims at analyzing the current trade disputes between China and the United States and the efforts the G20 has taken to settle these disputes. The fundamental questions this study attempts to answer are as follows: (1) what the US–China trade dispute means for the world trading system? (2) what the G20 can do to prevent destructive trade wars? We confront this view by critically examining a large body of evidence on the effects of trade policy on economically important outcomes. We begin with a discussion of the role of G20 in stabilizing world economy. We show the G20’s recent economic and trade development challenges and measurements of trade policy and identification of its causal effects. We present the trade balance between the United States and China. We also illustrate the efforts made by the G20 in promoting the development of China–US trade cooperation. Data were collected from different sources. Data are collected from the World Bank, the World Trade Organization (WTO) publications, and the G20 summits’ reports. The results show that the United States has a trade deficit with China, and the global growth would be notably curtailed as investment and consumer spending fall back. The G20 should focus on supporting the WTO, being upfront about the mixed effects of trade and investment, and improving G20 measures to tackle protectionism.

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