Several fundamental conditions are widely presumed necessary for a country to enjoy the benefits of global trade. One condition is that import activity ought not exceed export activity.1 Put more simply, we must sell more...more
Several fundamental conditions are widely presumed necessary for a country to enjoy the benefits of global trade. One condition is that import activity ought not exceed export activity. Put more simply, we must sell more...more
So, here we are post Liberation Day and investors have been liberated from over $6 trillion dollars U.S. just in the last week. These “reciprocal” tariffs were supposedly aimed at balancing trade with other countries, some of...more
President Trump announced his Fair and Reciprocal Plan (the Plan) pursuant to his America First Trade Policy. While the Memorandum does not immediately create any new tariffs, it outlines the Trump administration's plan to...more
Bloomberg is reporting that Walgreens Boots is weighing a potential deal “to take the company private in what could become the largest leveraged buyout in history.” PE firms like KKR are apparently in the mix to assist in the...more
U.S. to Give Eight Nations Oil Waivers Under Iran Sanctions, Official Says - "The U.S. has agreed to let eight countries - including Japan, India and South Korea - keep buying Iranian oil after it reimposes sanctions on the...more
KORUS Renegotiation Update - As we have reported previously, United States Trade Representative (USTR) Robert Lighthizer formally notified Korea in July that the U.S. requested a special Joint Committee meeting under the...more
As President Trump visits China, U.S. is investigating a longstanding issue in bilateral relationship—technology transfer/intellectual property requirements—that has potential implications for trade. U.S. business and...more
Public Comments And Hearing Regarding Administration Report On Significant Trade Deficits - On April 17, 2017, the Office of the United States Trade Representative (USTR) and the U.S. Department of Commerce’s International...more
ANTICORRUPTION DEVELOPMENTS – Former Magyar Telekom Executives Settle Bribery Charges – On April 24, 2017, the Securities and Exchange Commission (SEC) announced that two former executives of Magyar Telekom, a...more