Nota Bene Episode 109: Asia Q1 Check In: China’s Emergence as the Number One World Economy and New Hegemonic Role in Asia with Paul Kim
The UK has now signed its accession protocol to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This is almost the final stage in the UK’s accession to the CPTPP, with only UK and...more
On March 31, 2023, the United Kingdom announced the conclusion of negotiations on the accession of the United Kingdom to the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), representing a "first" since the...more
The relationship between the U.S. and China has deteriorated over the last four years. Barely missing a beat from the coronavirus pandemic, China is the only major world economy to post positive growth during the pandemic...more
As we turn our attention to 2021, here at Hogan Lovells we are buoyed by prospects of a steadier economic climate for the year ahead. Many Southeast Asian countries have adopted a strict new norm in response to the COVID-19...more
After eight years of negotiations, the Regional Comprehensive Economic Partnership (RCEP)—covering 15 economies in the Asia-Pacific region, accounting for 30 percent of the global population, 30 percent of global GDP, and 34...more
After eight years of negotiations, Economic Ministers from 15 Asia-Pacific countries signed the Regional Comprehensive Economic Partnership (RCEP) on November 15, 2020 during a virtual signing ceremony on the sidelines of the...more
December 2019 has yielded some potentially significant relief to U.S. businesses and agricultural producers that may improve the terms of trade in 2020 after a prolonged period of increasing and damaging friction in...more
Final amendments to the United States-Mexico-Canada Agreement (USMCA) were agreed to on Dec. 9, 2019, clearing the path for its approval in the U.S., most likely during the first trimester of 2020. Once approved by all three...more
This is a special edition of the twice-yearly Bennett Jones Economic Outlook. In it, as always, we review the global economic and trade context and the short-term outlook for global and Canadian growth. In addition, we...more
After a strong performance in 2017 and the first half of 2018, the global economy slowed markedly and is projected to grow at a more moderate but also more sustainable annual rate of 3.3% from 2019 to 2021. In Section I, we...more
Section 301 Update: USTR Grants Exclusion Requests Covering More Than 950 Products - As we previously reported, in July 2018, the United States Trade Representative (“USTR”) announced that it was establishing a process by...more
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force on December 30, 2018. The Agreement will significantly impact trade among its ratifying Parties—currently including...more
An adaptation and expansion of the original Trans-Pacific Partnership, the new agreement requires ratification from all 11 member countries. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership...more
The Federal Reserve bank released the minutes from its September meeting yesterday. Among other things, we learned that the Fed Governors moved largely in lockstep on September’s rate hike, even as the crew was less unanimous...more
Yesterday, the Office of the U.S. Trade Representative (“USTR”) officially notified Congress that it would be launching separate trade discussions with the European Union, Japan, and the United Kingdom. The letters sent to...more
After more than a year of sometimes contentious negotiations, the United States, Mexico, and Canada (the “Parties”) reached an agreement late Sunday night to revise the North American Free Trade Agreement (“NAFTA”)—renaming...more
This is the fifth issue of WilmerHale’s 8-in-8 Recent Trends in European Law and Policy Alert Series. Our attorneys will share insights on current and emerging issues affecting companies doing business in Europe and across...more
It is not often that a group of lawyers gets an update in geopolitics from a senior military leader on exchange to the U.S. Pacific Command—but we had this privilege at a recent legal conference in Hawaii....more
Ahead of talks with Japanese Prime Minister Shinzo Abe scheduled for this week, President Trump told a group of governors and lawmakers in a meeting on Thursday, April 12th that the United States was looking to rejoin the...more
• The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPATPP) is scheduled to be signed on March 8, 2018, in Santiago, Chile. • CPATPP, also known as TPP-11, is the result of the United States'...more
On February 21, the final version of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (“CPTPP”) was released ahead of its official signing, which is scheduled for March 8, 2018. The CPTPP reduces...more
On January 23, 2018, the Honourable François-Philippe Champagne, Minister of International Trade, announced that Canada had reached an agreement with Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,...more
On January 22, 2018, President Trump announced new tariffs on imports of solar panels and washing machines. The companies that will be most affected are from just two countries – China and South Korea....more
On November 10, 2017, Trade Ministers from the eleven remaining Trans-Pacific Partnership (TPP) countries (minus the United States) announced that they had reached an agreement on “core elements” of the renegotiated...more
On September 30, 2017, Global Affairs Canada announced that it has commenced a consultation process regarding a new Trans-Pacific Partnership Agreement (“TPP-11”). The consultation process is part of a renewed effort to...more