'Buy American' Provision in Stimulus Bill Rankles US Trading Partners

Volume
13,
Number
4
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4 February 2009
4 February 2009
Free trade advocates and US trading partners are up in arms over the ‘Buy American’ provision included in the US$ 819 billion economic stimulus bill that was passed by the US House of Representatives last week. Critics of the provision say the move is a blatant protectionist measure during hard...
4 February 2009
The Brazilian ambassador to the WTO condemned the EU on Tuesday for seizing a shipment of generic drugs that was bound for his country, claiming that the move “sets a dangerous precedent” for public health. The cargo, 500 kilograms of the hypertension drug losartan potassium, was confiscated on 4...
4 February 2009
African leaders meeting at a summit in Ethiopia this week agreed to work to forge a ‘United States of Africa’, despite the fears of some nations that such a move could threaten national sovereignty. The heads of state and senior officials present at the African Union summit, which met from 1-3...
4 February 2009
A meeting of the heads international organisations and representatives from 126 countries was convened in Madrid by the Spanish government to address ongoing problems caused by high food prices in the developing world. The crisis, which drew significant media attention over the summer, has recently...
4 February 2009
Czech President Václav Klaus, whose country now holds the rotating EU presidency, insisted this week that climate change does not exist. "I don't think that there is any global warming," Klaus said at a meeting on the sidelines of the annual World Economic Forum in Davos, Switzerland. "I don't see...
4 February 2009
International trade flows declined over the last three months of 2008, a recent report has revealed, confirming fears that the ongoing economic turmoil has slowed the pace of global commerce. Analysing statistics from the Group of Seven world economic powers, the Organisation for Economic...
4 February 2009
Trade ministers from 24 countries have pledged to resist protectionism and strive to conclude the seven-year-old Doha Round of trade talks before the end of the year, according to a statement that emerged from an informal high-level gathering on the sidelines of the World Economic Forum in Davos...
4 February 2009
The chair of the WTO negotiations on industrial goods trade is working to develop a plan for technical work that trade diplomats could undertake in the upcoming months, without having to tackle persistent differences on countries’ future ceilings on manufacturing tariffs. Luzius Wasescha,...
4 February 2009
Coming up this week 4-7 February, Delhi, India, DELHI SUSTAINABLE DEVELOPMENT SUMMIT 2009. This meeting will focus on finding equitable and ethical approaches to arrive at a global consensus on climate change beyond 2012. It is open to industry leaders, opinion makers, and climate change experts to...
4 February 2009
WTO CONSTRAINTS ON DOMESTIC SUPPORT IN AGRICULTURE: PAST AND FUTURE. By Lars Brink, Agriculture and Agri-Food Canada, January 2009. This article first reviews domestic support under the WTO’s Agreement on Agriculture. It then estimates the constraints on the various categories of trade-distorting...