Japan-bashing redux

Article Abstract:

Pressure between Japan and the United States intensifies as the Clinton administration prompts the Japanese government to abandon its antimonopolistic practices. Trade experts believe that Japan's economic fate would not only affect the US economy, but also the entire trade community. Japan, once known as an economic threat to the US, is currently grappling with a number of financial and economic difficulties. In order to prevent matters from getting worst, the Clinton administration is encouraging the Japanese government to cut down tax rates, increase national spending and adopt deregulatory measures for its financial sector.

Economic Programs, Administration of Economic Programs, Trade Relations, Export Controls, United States, Japan, International aspects, Exports, Economic policy, Japanese foreign relations, United States foreign relations

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Trade policy in the dumps

Article Abstract:

The US leads all other countries in the world in imposing antidumping duties. In the antidumping law, import prices are compared with prices in the producer's home market or to prices which are supposedly equal to the producer's cost. Although it provides some form of trade protection, it is considered hazardous to the overall economy. It also imposes a barrier to countries wishing to conduct business in the US. However, the US Trade Representative argues that these duties are needed to offset the trade-distorting effects of foreign governments' industrial policies.

Trade Regulations NEC, Trading Regulations, Antidumping Programs, Research, Laws, regulations and rules, Securities law, Dumping (International trade), International trade regulation, Commercial policy, Antidumping duties, Securities trading

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Protectionist predicts world breakdown

Article Abstract:

Most American companies gain economic benefits from shipping high-wage jobs to low-wage countries. The concept can increase real wages and living standards in the long-term by raising productivity or learning to do more with less. However, the principle also replaces high-wage consumers with low-wage ones and develops a misguided fear on low-wage countries, thus creating a view that a nation's wealth depends on profitable businesses paying high salaries.

Labor Regulation & Services, Employment, Labor policy, Labor supply, Labor force, International trade and employment

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