|Trade News Archive: 28 July - 3 August|
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U.S. international economic and trade policy.|
|Thursday, July 30, 2015|
Nikkei's FT Takeover
Comment: "Yet the Japanese market remains as closed as ever. In the car industry, for instance, even Volkswagen, which is a match for Toyota in any other market, has yet to achieve more than a token presence. (No wonder therefore that with the benefit of big profits in a large sheltered home market, Japanese carmakers have out-invested most foreign competitors during the lost decades – so much so that the Japanese industry has almost doubled its unit output since 1989.)"
Patent Protection for Drugs Puts Pressure on U.S. in Trade Talks
New York Times
Comment: "Then there are politics. Australian negotiators insist that their Parliament will not accept any data protection beyond five years for drug companies that are so dominated by the United States. What left-wing members of Parliament see as price gouging also comes straight out of the government’s coffers, because drugs are paid for by Australia’s national health service."
|Wednesday, July 29, 2015|
|Tuesday, July 28, 2015|
U.S. Steel joins other major steel companies in filing trade case against illegal imports
Pittsburgh Business Times
Comment: "The United States is the most open market in the world. We believe that American manufacturers can compete against any nation's products as long as the playing field is level. Unfortunately, other nations have mastered the use of illegal and market-distorting practices to take market share, suppress prices, and harm American producers," U.S. Steel said in a statement."