2021 marks the 100th anniversary of the Chinese Communist Party and China is celebrating. Since Deng Xiaoping started economic reforms and opening up China in 1978, the country lifted 800 million people out of poverty, according to the world Bank, and become the second largest economy in the world after the United States. But...
Read MoreThe carbon border tax could not only disrupt global trade and spark a dispute over protectionism within the World Trade Organization, it could also create new diplomatic fault lines ahead of the Glasgow climate talks. The rally in Glasgow is an important moment for major polluting nations to show what they will do to...
Read MoreSenior finance officials representing most of the global economy have backed a sweeping overhaul of international taxation that includes a global minimum 15% corporate levy to deter large corporations from resorting to low-rate tax havens. Group of 20 finance ministers approved the plan at a meeting in Venice on Saturday. US Treasury Secretary Janet...
Read MoreDespite the lingering effects of a global pandemic and the Trump administration’s trade wars, foreign markets and foreign business investment remain a vital part of New Hampshire’s economy. In fact, the latest report on the globalization of New Hampshire prepared by researchers at Plymouth State University (PSU) shows that New Hampshire is ready to...
Read MoreThe Hyundai Motor Company union voted 73.8% in favor of a possible strike. Once the National Labor Relations Commission decides that there is a huge gap between union and management positions, a legitimate strike is possible. After reaching collective agreements on wages and working conditions without disputes in 2019 and 2020 due to trade...
Read MoreHome New Through Lisa riley Posted: July 07, 2021 The Wine and Spirit Trade Association (WSTA) submitted a response to the government’s consultation on damaging US tariffs, calling for the speedy removal of tariffs on US whiskeys. Since June 2018, Bourbon and American whiskeys have been subject to an additional 25% tariff, ending 25...
Read MoreBirds fly over a closed steel plant where the chimneys of another working factory are seen in the background, in Tangshan, Hebei province, China, February 27, 2016. REUTERS / Kim Kyung-Hoon // File Photo EU to unveil world’s first border tax Brussels says it will be WTO compatible But the implementation could be tricky...
Read MoreOn June 15, 2021, the White House ad that the United States and the European Union (EU) have reached an agreement in the Boeing-Airbus dispute at the WTO that has lasted 16 years and have agreed to address common challenges facing China. The US and EU will suspend WTO-authorized tariffs related to this dispute...
Read MoreNew hires at the company sometimes make “unforced errors” when they leave one company and join another, resulting in trade secret conflicts with the former employer that could have been avoided by following the rules and regulations. basic guidelines upon departure. A common example is that of a departing employee who brings files to...
Read MoreIn March 2021, the United States House of Representatives passed a pro-union bill called Protecting the Right to Organize Act of 2021 (PRO Act). If enacted, the PRO Act will amend several provisions of the National Industrial Relations Act (NLRA) to grant new rights to unions and restrict some existing rights for employers. In...
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