US


Minister says inflation law ‘highly likely’ to violate FTA
South Korean Minister of Trade Industry and Energy said the US Inflation Reduction Act that bans tax benefits for electric vehicles built outside of North America is highly likely to breach the US-Korea FTA and WTO rules.
Hogging the gains from trade in Mexico
The multinational pork giant Smithfield, now owned by a Chinese firm, took advantage of trade, investment, labor, environmental, and immigration policies, after NAFTA, to expand its low-wage factory farming model on both sides of the US-Mexico border.
Tensions rise as Korea waits for verdict on Lone Star dispute
The Korean public has been in outrage over the matter for more than a decade, claiming that the case was an international “fraud” committed by an overseas private equity firm.
Kenya’s GDPR-style legislation threatens US firms’ x-border data transfer model
In the Kenyan context, Meta’s GDPR woes may be avoided if the U.S. gets its way in a proposed free trade deal between the two countries which is currently in discussions.
US court upholds Conoco's $8.7 bln award for loss of Venezuela assets
A US court upheld a tribunal’s $8.75 billion award to U.S. oil producer ConocoPhillips over the expropriation of its Venezuelan oil assets, granting a default judgment in the case.
The New U.S. Africa Strategy Breaks From the Status Quo—With Some Perplexing Stumbles
U.S. positioning for the great power competition with China and Russia for influence in Africa.
Taiwan-US trade deal talks to start soon: John Deng
The Taiwan and US will hopefully reach an agreement before an APEC summit in the US late next year, Taiwan’s chief trade negotiator said.
Morocco, only country in Africa having FTA with USA, State department report
The FTA supports Morocco’s goals to develop as a regional financial and trade hub, providing opportunities for the localization of services and the finishing and re-export of goods to markets in Africa, Europe, and the Middle East, says the report.
Congress could consider CAFTA-DR changes
A recent report lays out several changes that lawmakers could consider to the CAFTA-DR free trade agreement between the US and six Latin American countries, but as yet there is no clear path forward on any such measures in Congress.
US to host virtual meeting on Tuesday of Indo-Pacific trade, economic ministers
President Joe Biden, who launched the IPEF in May on a trip to Tokyo, wants to use it as a way to raise environmental, labor and other standards across Asia.