President Obama appointed Bill Daley as White House Chief of Staff this week. I see this as a very positive development from a trade perspective as he has a history of being pro business and pro trade. I am hoping this will mean a new pushed on trade issues that have been all but ignored over the first two years of the administration
Sorry for the long delay in posting. I promise to report on the following developments in international trade soon:
The singing of the US South Korea FTA and it prospects in making in through congress.
China and Russia agreeing to abandoned the dollar and begin trading with their own currencies. Should the US be worried? (answer: no!)
Recent WTO rulings