USA President Trump escalated trade disputes with China on June 18, 2018, saying the USA was prepared to impose 10% tariffs on another $200 billion worth of Chinese goods and potentially even more if China continues to fight back. The threat was in response to retaliatory measures by China, was
United States imposed tariffs on $50 billion in Chinese products on June 15, 2018. China’s Commerce Ministry released a statement expressing its firm opposition to the tariffs, and accused the USA of provoking a trade war by imposing massive tariffs on China. China immediately introduce taxation measures of the same
“A United Nations body that facilitates global trade is examining blockchain and smart contracts to see if they could play a role in its mission. To that end, the United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT) has just published a white paper – now available for public review – that studies
“The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminum. EU members have given broad support to a European Commission plan to set 25 percent duties on up to
“Within only a few days of each other, three crypto industry giants Binance, Huobi and Block.one all announced their launch of separate investment funds for blockchain-based systems. The move could mean a lifeline for struggling startups with groundbreaking ideas – if they can get the investors’ approval.” Read the full article here on Cryptonews.
As of midnight May 31, 2018, Canada will have to pay heavy tariffs on steel and aluminum imports to the United States, in the latest salvo of the Trump administration’s trade dispute over the North America Free Trade Agreement or NAFTA and with European Union. The tariffs will be 25
“Bloomberg is reporting that the United States Department of Justice (DOJ) is working alongside the Commodities and Futures Trading Commission (CFTC), the markets regulator, to focus on illegal trading activities in cryptocurrency markets. Specifically, the investigation is narrowing in on ‘spoofing’, a form of market manipulation wherein traders enter a
Today, the European Union cements its status as the global leader in data privacy. The E.U.’s sweeping new data privacy law is taking effect, ushering in new restrictions on what companies can do with people’s personal data and setting tough penalties for those that break the rules. In theory, there’s nothing
Although trade secrets have been the neglected step-child of intellectual property (IP), this is slowly but surely changing for some of the following reasons: Legal changes (i.e., Defend Trade Secrets Act in the USA, EU Directive on Trade Secrets, and China’s Anti-Unfair Competition Law). Increased trade secret litigation particularly involving