So something interesting that could be developing at the UN: Ukraine appears to be laying the groundwork to challenge whether the Russian Federation is the legitimate successor to the USSR’s seat and veto on the Security Council
From Mexican govt website: Roster of Panelists for USMCA Chapter 31 Dispute Settlement Panels
https://t.co/kkcytYxida
Congrats to following twitter folks (may be others on twitter, not sure): @Claussen_K@J_A_Hillman @Valeriemaeve @ricardoramirezh@kashidih@Victori78059306
Trump's steel tariffs on steel may have increased 1,000 jobs in steel production. Fine.
But costs increased. And that likely resulted in 75,000 FEWER American manufacturing jobs in firms where steel is a key input.
New from @Kadee_Russ & Lydia Cox
https://t.co/nJkMjpkwFi
“You cannot criminalize political activism,” said @perrybellegarde about protests across the country in support of the Wet'suwet'en blockade. “If this did not happen, do you think Canadians would be having that conversation right now. This is a catalyst.” #cdnpoli
If Trump does break WTO tariff bindings, process for modification of tariffs under Art. XXVIII of GATT starts. Likely requires determination by WTO General Council of "special circumstances" to launch negotiations. US must negotiate w/all countries who initially negotiated
Annual operating cost of international tribunals ($ million/y)? ITLOS 22 - ICJ 50 - ICSID 50 - ECHR 77 - ICC 150. By Theresa Squatrito here in Vienna @UNCITRAL ... Do the math per case! WTO Appellate Body? Less than 8m...
Congratulations to @ICSID for reaching a significant milestone toward modernizing its investment dispute settlement rules. The revised rules released today are state-of-the-art & promise to serve states and investors well.
Read More Here: https://t.co/7N9Lx3Hd4U
When a country Taxes our products coming in at, say, 50%, and we Tax the same product coming into our country at ZERO, not fair or smart. We will soon be starting RECIPROCAL TAXES so that we will charge the same thing as they charge us. $800 Billion Trade Deficit-have no choice!
TRUMP: With tariffs "you have a higher price, but you have jobs." Similar to OBAMA: "Who cares if you a get cheaper t-shirts if your neighbor's out of a job"? Fellas, lower prices mean either more saving/investment or more consumption of other stuff. Either channel creates jobs.