Also from Sept. 2020, here's a note on Jamaica contemplating same, after a debate in 2016 around deplatforming her as Jamaican head of state. express.co.uk/news/royal/133…
Although the Oprah interview did not really cause any of this, the global #BlackLivesMatter movement that predates it is shaking up geopolitics
Thirteen senators call on Biden to temporarily suspend Buy American waivers for trade agreement partners, noting "this crisis has demonstrated the risks of long foreign supply chains."
This presidential discretion is built into the Trade Agreements Act of 1979, which greenlit the waivers in the first place. No statutory change needed. law.cornell.edu/uscode/text/19…
While some will bemoan the symbolism of closing procurement opportunities for allies, the reality is that: a) there doesn't appear to much uptake of this anyway; and gao.gov/products/gao-1…
The Trump and Biden administrations have significantly expanded export controls, which prohibit the unlicensed export of certain products or information.
Biden has also called for modernization of international trade rules.
If EU countries pulled out of the Energy Charter Treaty tomorrow, fossil fuel companies could still sue them for decarbonization efforts for 20 (!!) years. politico.eu/article/energy…
That gets uncomfortably close to the EU's 2050 target date for attaining carbon neutrality. ec.europa.eu/clima/policies…
It announces it's US policy "to strengthen the resilience of America’s supply chains," citing as benefits rebuilt domestic manufacturing capacity, competitiveness, good jobs, fighting climate change, and helping racial justice and underserved communities.
Here are the costs👇
By June 4 of this year, NEC and NSC are instructed to coordinate supply chain reviews in four industries, with four agencies writing them up
DOC: chips, advanced packaging
DOE: high-capacity batteries, including for EVs
DOD: critical minerals
HHS: pharmaceuticals,. API