Trade

Behind The Virtuous Façade

June 9, 2021 Mateo Crossa and James M. Cypher, Dollars And Sense. Educate! Mexico, Trade, USMCA, Worker Rights and Jobs

The United States-Mexico-Canada Agreement (USMCA)—the successor to NAFTA—commenced on July 1, 2020. As the first anniversary of the agreement approaches, too little is known, or knowable, as to what has been accomplished in terms of one of the agreement’s main objectives—the legitimation of Mexico’s labor relations. Over the past decade, Mexico has rapidly ascended the list of U.S. trade partners—achieving top status in 2019, edging out the world’s industrial colossus, China. As its export capacity in manufacturing rose—particularly in auto and auto parts production—so did the objections of U.S. unions and their allies to what can be understood as “social dumping.” That is, Mexico, unlike China, has kept its average manufacturing wage roughly constant—at about one-tenth of U.S. wages, on average—as exports soared in the NAFTA era (1994–2020).

Activists Aim To Block Israeli Ships From US Ports In Solidarity With Palestinians

June 3, 2021 Umar A Farooq, Middle East Eye. Resist! Israel, Palestine, Port, Trade

Palestinian rights activists are aiming to block ships operated by an Israeli shipping line from unloading cargo in key US port cities as part of a campaign to pressure Israel over its numerous violations of international law. The Arab Resource and Organizing Center (Aroc), which is leading the effort, told Middle East Eye on Wednesday that its "Block the Boat" campaign had successfully prevented a ship operated by Zim Integrated Shipping Services Ltd from docking in Oakland, California. Zim, considered the 10th largest shipping company in the world, told MEE in an email that delays at the port prevented it from unloading cargo there, but did not mention the cause. "Due to operational constraints and long delays in the port of Oakland, and in order to meet schedule departures in the Far East, we will be calling on other US West Coast Ports until further notice," the company said. The Arab Resource and Organizing Center (Aroc), which is leading the effort, told Middle East Eye on Wednesday that its "Block the Boat" campaign had successfully prevented a ship operated by Zim Integrated Shipping Services Ltd from docking in Oakland, California.

Biden Is Reviewing US Policy In North Korea

May 10, 2021 Simone Chun, Truthout. Educate! Joe Biden, North Korea, Trade, US Sanctions

Since 2018, hundreds of new sanctions targeting the civilian economy have been imposed on the people of North Korea. In 2018 alone, new and existing sanctions caused almost 4,000 preventable civilian deaths. Around 11 million North Koreans are deprived of sufficient access to basic foodstuffs, clean drinking water or essential medical services. Subjected to ever-increasing sanctions, North Korea is projected to suffer a food deficit of 1.3. million tons this year, worsening the already dire condition endured by a broad swath of the population. More than 40 percent of North Korea’s 25 million people are considered chronically food insecure, and one out of every five children under the age of 5 is impacted by stunted growth.

A Temporary TRIPS Waiver Is Not Enough

May 7, 2021 Progressive International. Create! COVID-19, Patents, Trade, Vaccines

A new poll finds that 59% percent of US voters support waiving all patent protections to produce generic versions of life-saving medicines for critical diseases, from Covid-19 and HIV/AIDS, to heart disease and diabetes. Only 28% disagreed. The survey carried out by Data for Progress and the Progressive International, shows a super majority of 71% registered Democrats support the removal of all patent barriers to allow for the cheaper production of life-saving medicines. Even registered Republicans support the action with 47% in favor compared to 39% opposed.

China-Iran Deal Aims To Expand ‘Common Interests In A Win-Win Manner’

April 1, 2021 Oleg Burunov, Sputnik News. Educate! China, Iran, Trade, US Sanctions

Iranian Foreign Minister Mohammad Javad Zarif has presented "some points" of a landmark cooperation deal that was recently concluded between Beijing and Tehran. In a message posted on his Instagram account on Thursday, Zarif underscored that the Sino-Iranian Comprehensive Strategic Partnership focuses on a "practical promotion" of bilateral ties and provides "a roadmap and long-term horizon" toward such relations. According to him, the accord paves the way for full-blown collaboration between the two sides in the fields of politics, economy, trade, culture, defence, and security. The Iranian foreign minister added that the agreement envisages the principles of "mutual respect and the pursuit of common interests in a win-win manner regarding bilateral, regional, and international relations".

Progressives Push Biden To End ‘Vaccine Apartheid’

March 2, 2021 Celia Wexler, Blue Tent. Resist! Big Pharma, Joe Biden, Trade, Vaccines

Last Friday, three days before a crucial meeting of the World Trade Organization, progressives in the trade, faith, labor, consumer, and human rights communities sent an urgent request to the Biden administration. These nonprofits and unions are urging the administration to act quickly to assert its leadership on a pressing trade issue—whether trade rules will be allowed to hamper global efforts to combat the pandemic. In a letter and a press event, a coalition of 400 organizations asked President Joe Biden to make good on his promise to “absolutely positively” ensure access to vaccines in the developing world. They asked him to support a temporary waiver on requirements that give drug companies lengthy monopoly protections, as well as the right to decide where the vaccines will be made and who will receive them.

Global South Urges Rich Countries To Lift Monopolies On Covid19 Medical Products

February 16, 2021 Public Services International. Create! COVID-19, Global South, Monopoly, Trade

This landmark proposal to temporarily suspend the application and enforcement of certain intellectual property obligations under the WTO Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS Agreement), or the “TRIPS waiver” is to facilitate the effective prevention, containment, and treatment of COVID-19. Developing countries have stressed that the “TRIPS waiver” is an essential starting point for countries to ramp up and diversify the production of therapeutics, vaccines and other medical products needed to address the global pandemic. However, a handful of countries — mostly those who have a stake in the protection of monopoly-based pharmaceutical industry — including the European Union, the United States, Japan, Switzerland, and Canada, have been blocking the waiver.

The Decline And Fall Of The American Empire

February 4, 2021 Medea Benjamin and Nicolas J. S. Davies, Popular Resistance. Educate! Failed State, Martin Luther King Jr, Trade, US Empire

In 2004, journalist Ron Susskind quoted a Bush White House advisor, reportedly Karl Rove, as boasting, “We’re an empire now, and when we act, we create our own reality.” He dismissed Susskind’s assumption that public policy must be rooted in “the reality-based community.” “We’re history’s actors,” the advisor told him, “…and you, all of you, will be left to just study what we do.” Sixteen years later, the American wars and war crimes launched by the Bush administration have only spread chaos and violence far and wide, and this historic conjunction of criminality and failure has predictably undermined America’s international power and authority.

Australia Sabotaged Its Own Interests In China Relations

December 9, 2020 Tony Kevin, Consortium News. Strategize! Australia, China, Information War, Trade

The address to Federal Parliament by Chinese President Xi Jinping on Nov. 17, 2014, marked a highwater mark in bilateral relations. Xi was in Australia for the G-20 summit in Brisbane hosted by Prime Minister Tony Abbott. His theme was that China was committed to peace but ready to protect its interests. Since then, the relationship has gone downhill — first slowly and haltingly, but over the past two years with sickening acceleration. Now the relationship seems irretrievable. For educated Chinese, Australia is now an object lesson in Western arrogance, hypocrisy and betrayal of friendship.

The Huge New Trade Deal ‘Western’ Media Do Not Like To Talk About

November 15, 2020 Moon of Alabama. Educate! Asia Pacific, China, Multipolar World, Trade

Tomorrow a new trade agreement between 15 Asian states will be signed. It will soon be seen as a milestone in the global economic history. But only very few 'western' media have taken note of it or of the huge consequences the new agreement will have. The agreement is also a huge victory for China over U.S. hegemony in Asia: Fifteen Asia-Pacific nations including China and Japan plan to sign the world’s biggest free trade deal this weekend. The FTA will cut tariffs, strengthen supply chains with common rules of origin, and codify new e-commerce rules.

China And 14 Nations Ready To Sign World’s Largest Trade Deal

November 12, 2020 Catherine Wong, South China Morning Post. Educate! China, Hybrid, TPP, Trade

China is expected to sign a mega regional trade deal with 14 other countries in the Asia-Pacific region this weekend, wrapping up a major agreement before the next United States administration comes into office, Chinese officials said on Wednesday. Leaders from China, Japan, South Korea, Australia, New Zealand and the 10 members of the Association of Southeast Asian Nations (Asean) are expected sign the Regional Comprehensive Economic Partnership (RCEP) as they meet via teleconference on Sunday, according to Chinese officials.

Choose Fairtrade: Choose The World You Want

October 7, 2020 Fairtrade America. Create! Fair Trade, Food and Agriculture, Trade, Worker Rights

Washington — In honor of October as Fair Trade Month, Fairtrade America is launching a national campaign to generate broader awareness for how a simple action, like purchasing a Fairtrade certified product, can be a powerful way to make a difference in the lives of the almost 2 million farmers and workers participating in Fairtrade across the globe. The ‘Choose Fairtrade: Choose the World You Want,’ campaign features murals in three major U.S. cities — Denver, Los Angeles and Nashville — that connect stories of the people who produce the things we count on every day, such as coffee, cocoa, bananas, tea and more, to the positive impacts of Fairtrade.

Wise People Know Winning A War Is No Better Than Losing One

September 18, 2020 Vijay Prashad, Tricontinental: Institute for Social Research. Educate! China, New Cold War, Trade, US Hegemony

US President Donald Trump and his ‘war council’ – led by Secretary of State Mike Pompeo – have amplified their aggression against China. What began as a trade dispute in the 1990s has now escalated into the United States making an existential challenge against China. The threat against China is made not for irrational reasons, but for perfectly rational ones, which are laid out below in our Red Alert no. 9 (also available as a separate download from our website). These have to do with the emergence of China as a major economic and technological power.

US Tariffs On China Ruled To Be Illegal

September 16, 2020 Jamey Keaten, Detroit News. Educate! China, Trade, United States, World Trade Organization

Geneva — The World Trade Organization said Tuesday that Trump administration tariffs on Chinese goods totaling more than $200 billion are illegal under the rules of the global trade body. The decision marks the first time the Geneva-based trade body has ruled against a series of tariffs that President Donald Trump's government has imposed on a number of countries, allies and rivals alike. Trump has repeatedly criticized the WTO, which oversees international disputes on trade, for allegedly treating the U.S. unfairly.

Definitive Eurasian Alliance Is Closer Than You Think

August 29, 2020 Pepe Escobar, Asia Times. Educate! China, Germany, Russia, Trade

We have seen how China is meticulously planning all its crucial geopolitical and geoeconomic moves all the way to 2030 and beyond. What you are about to read next comes from a series of private, multilateral discussions among intel analysts, and may helpfully design the contours of the Big Picture. In China, it’s clear the path ahead points to boosting internal demand, and shifting monetary policy towards the creation of credit to consolidate the building of world-class domestic industries. In parallel, there’s a serious debate in Moscow that Russia should proceed along the same path.

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