Trade

The Good, the Bad, and the Ugly: USTR Tai’s Week on Capitol Hill 

Executive Summary  Introduction  On March 23rd and 24th, United States Trade Representative (USTR) Katherine Tai testified in front of the Senate Finance Committee and the House Ways and Means Committee, respectively. Ambassador Tai provided her annual congressional testimony focused on the Biden Administration’s trade agenda and ongoing trade pursuits. In almost seven hours of questioning, … Continue reading

Europe / Trade

Wine and Cheese: Europe’s Grating Support of Geographical Indications 

Executive Summary  Introduction  “Like a fine cheese, this case has matured and is ripe for our review,” stated the judges of the Fourth Circuit Court of Appeals in their decision of an extensive legal battle between European cheese producers and the U.S. Patent and Trademark Office (USPTO). The court ruled this month against the Swiss … Continue reading

Europe / Foreign Policy / Trade

The Windsor Framework: Tackling “Troubles” in post-Brexit Trade in Northern Ireland

Executive Summary  Introduction  Three years after Brexit, United Kingdom Prime Minister Rishi Sunak and President of the European Commission Ursula von der Leyen announced the Windsor Framework. The plan would modify the Northern Ireland Protocol, the current trade rules that were agreed upon in the Brexit withdrawal agreement. The Protocol established EU compliant custom checks for products … Continue reading

Trade

The European Union’s Response to the Inflation Reduction Act 

Executive Summary  Introduction  On August 16, 2022 President Biden signed into law the Inflation Reduction Act of 2022 (IRA). The IRA included numerous subsidies for corporations and consumers who produce and utilize “green energy.” Among the various product subsidies is a large tax credit for consumers who purchase American-made electric vehicles. The European Union was … Continue reading

Trade

Biden Wrongly Backed Trump in Steel Feud with the World Trade Organization

In March 2018, the Trump Administration levied a 25% tariff on steel imports and a 10% tariff on aluminum imports. The tariffs launched an international trade war between the United States and the majority of its closest trade partners. Multiple nations, angered by the tariffs, responded through formal complaints against the United States through the … Continue reading