Global Affairs Global Government Affairs at policy at ge. Laura fraedrich, partner at jones day and warren maruyama, so please welcome them to the stage. Well, we saved the most timely topics for last and thank you for joining. One of the reasons this is particularly interesting is because President Trumps views have been developed over the 30 years so when you look at his public statements from trade in the late 80s, he uses language strikingly similar to today. In light of who hes picked to go into the administration, karan, how do you understand the president s objectives . First of all, kristen, i would say theyre evolving. What we saw coming out of certainly the campaign, coming out of the early days of the transition was a very strident, i think a lot of people used the term protectionist tone. I think we have seen even within the span of 90 plus days sort of an evolution in some of the messaging. I think take the nafta letter to congress for instance that was recently submitted.
With the European Union working on a carbon border adjustment mechanism, and congressional Democrats formulating their own carbon import tax plans, U.S. businesses especially those in emissions-intensive, trade-exposed industry sectors could face adverse trade effects, supply chain problems and increased transactional costs, say attorneys at Hogan Lovells.
With the European Union working on a carbon border adjustment mechanism, and congressional Democrats formulating their own carbon import tax plans, U.S. businesses especially those in emissions-intensive, trade-exposed industry sectors could face adverse trade effects, supply chain problems and increased transactional costs, say attorneys at Hogan Lovells.
The Europe-wide carbon border adjustment mechanism that the European Commission recently proposed would affect industries and supply chains around the globe, posing financial and trade-related regulatory and contractual challenges for companies, and possibly leading to disputes at the World Trade Organization, say attorneys at Hogan Lovells.
EU Carbon Border Fee Plan Could Spark Trade Wrangling law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.