US Senate Passes Stimulus Bill with Tempered 'Buy American' Requirements

Volume
13,
Number
5
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12 February 2009
12 February 2009
The United States Senate passed a stimulus bill on Tuesday that includes controversial ‘Buy American’ purchasing requirements for iron, steel and manufactured products, but also carries a clause guaranteeing that the domestic-sourcing provisions do not violate the US’ international trade...
12 February 2009
The WTO is set to step up its monitoring of trade policies introduced by governments struggling to cope with the worldwide economic crisis, amidst growing concern that tit-for-tat protectionism could deepen what is already the worst downturn in decades. WTO Members largely welcomed a recent report...
12 February 2009
As global indicators continue to reveal the breadth of the financial crisis, developing countries may soften the impact on their economies by increasing cooperation with other nations of the South, according to the United Nations Conference on Trade and Development. Amidst UNCTAD forecasts that...
12 February 2009
Judd Gregg, a fiscal conservative and Republican senator from New Hampshire, is US President Barack Obama’s pick to serve as secretary of commerce, the White House announced last week. Gregg, the highest-ranking member of his party on the Senate Budget Committee, voted in favour of every major free...
12 February 2009
Indian trade minister Kamal Nath says his country is willing to meet with China to discuss its temporary ban on Chinese toy imports. The recently announced import freeze has provoked an outcry from Chinese manufacturers and public officials, who say the ban is unfounded. "We are open to any...
12 February 2009
The WTO's Appellate Body issued an opinion last week siding with the European Union in its challenge to the United States' use of ‘zeroing' in calculating anti-dumping duties. The report, released 4 February, comes amidst growing fears of protectionism in the international community, and is but the...
12 February 2009
A developing country coalition that seeks stronger protection for domestic farmers in the agriculture trade negotiations at the WTO has called for countries classed as ‘small, vulnerable economies’ (SVEs) to be granted extra flexibility in a new proposal dated 6 February. SVEs should be granted...
12 February 2009
Guatemala has continued to integrate economic liberalisation into its development strategy, a WTO review of the country’s trade policies concluded last week, but major challenges remain in achieving sustainable growth in income and poverty reduction. To further raise living standards, the country...
12 February 2009
If you would like to submit an event, please email [email protected] . Coming up this week 15-16 February, Muscat, Oman: WIPO NATIONAL SEMINAR ON OMANI TRADITIONAL VALUES IN A...
12 February 2009
AGRICULTURAL EXPORT RESTRICTIONS: WELFARE IMPLICATIONS AND TRADE DISCIPLINES. By Siddhartha Mitra and Tim Josling, International Food and Agriculture Trade Policy Council, January 2009. This position paper, part of the Agricultural and Rural Development Policy Series, examines different factors...