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EsadeGeo Daily Digest, 14/10/2020

EsadeGeo Daily Digest, 14/10/2020

Euractiv – Jorge Valero / WTO authorises EU tariffs on $4 billion of US goods over Boeing dispute

  • The World Trade Organisation on Tuesday (13 October) authorised the EU to impose tariffs on US exports worth $4 billion in compensation for the subsidies given to Boeing by Washington. 
  • The European Commission has prepared a list of US products to be hit with the additional duties, including aircraft components, tractors, sweet potatoes, peanuts, frozen orange juice, tobacco, ketchup and Pacific salmon, according to a list of targets seen by AFP.
  • The authorised amount of tariffs is well below the $7.5 billion in duties approved last year by the WTO to the US against European exporters, in retaliation for European subsidies given to Airbus. It was the biggest amount authorised to date by the WTO.
  • Following the WTO ruling, the Commission offered to end the tariff war and find an amicable solution for the 16-year dispute over the plane maker’s subsidies. If Washington refuses to engage in a negotiated solution, as the Trump Administration has done so far, Dombrovskis added that “we will be forced to defend our interests and respond in a proportionate way.”
  • The Economist / A subsidies scrap between Boeing and Airbus is over (maybe)

The New York Times – Nicholas Fandos / Barret, declining to detail legal views, says she will not be ‘a pawn’ of Trump

  • Judge Amy Coney Barrett flatly refused on Tuesday to pledge that she would recuse herself if a dispute over the Nov. 3 election came before the Supreme Court, insisting that despite her nomination by President Trump, she would not “allow myself to be used as a pawn to decide this election for the American people.”
  • She played down her history of taking conservative stances in legal writings and personal statements, arguing that she might view issues differently as a sitting justice. “I have not made any commitments or deals or anything like that,” she told the Senate Judiciary Committee on her second day of confirmation hearings. 
  • Judge Barrett was most eager to discuss her legal philosophy on broad strokes. She expounded at length on the tenets of textualism and originalism, approaches made popular by Justice Scalia that privilege plain reading of legal texts and seek to minimize a judge’s own interpretations of statute or the Constitution.
  • At many points, senators on both sides simply used their 30-minute block of time to give speeches, forgoing perhaps waning opportunity to solicit public answers from Judge Barrett before she takes a lifetime appointment.
  • The Washington Post – Seung Min Kim and Ann E. Marimow / Supreme Court nominee Barrett says personal views will not affect her decisions on abortion, health care

Foreign Affairs – Hillary Clinton / A national security reckoning

  • In a year marked by plague and protest, Americans are reckoning with long-overdue questions about racial justice, economic inequality, and disparities in health care. 
  • The current crisis should also prompt a reckoning about the United States’ national security priorities. The country is dangerously unprepared for a range of threats, not just future pandemics but also an escalating climate crisis and multidimensional challenges from China and Russia.
  • Among the highest priorities must be to modernize the United States’ defense capabilities—in particular, moving away from costly legacy weapons systems built for a world that no longer exists.
  • Another is to renew the domestic foundations of its national power—supporting American innovation and bolstering strategically important industries and supply chains. 
  • Foreign Policy – Sheri Berman / Democrats can’t reverse the damage of the Trump era overnight

Politico – Eleanor Mears / China gets serious about kicking its export addiction

  • Increasing political hostility from the U.S. and Europe means that China might finally be serious about reducing dependence on exports. For many years, Chinese leaders have trotted out platitudes about “rebalancing the global economy” by shifting their model to domestic consumption.
  • There were few signs, however, that the real goal was to be anything other than the world’s factory, churning out steel girders, laptops and Christmas decorations. Something new is in the air, however, as the Chinese Communist Party gears up for its fifth plenum session from October 26 to 29.
  • China watchers are sensing a fresh urgency in Beijing as the country of 1.4 billion feels the political chill from U.S. President Donald Trump’s trade tariffs and Europe’s insistence that it wants to concentrate on “strategic autonomy” and homegrown champions. For China’s strategy-makers, export-led growth is more of a vulnerability than ever.
  • The strategy shift is being called “dual circulation.” Xi Jinping announced the concept in May and the details are still sketchy, but the big idea is to have whole production cycles that are not reliant on foreign technologies, investment or the export market. Beijing is meant to foster strong internal circulation of goods produced and consumed entirely within China.
  • The Guardian / China insists Genghis Khan exhibit not use words ‘Genghis Khan’

Today’s long read:

The selected pieces do not necessarily reflect the views of Javier Solana and EsadeGeo. The summaries above may include word-for-word excerpts from their respective pieces.

Bienvenidos

¿Por qué titular el blog “el ojo y el párpado”?

Marco Aurelio decía:"...sé que con todos tengo que convivir, como convive el párpado con el ojo..."

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