Trade Archive

Given the enormous impact of the coronavirus pandemic on global public finances, it is hardly surprising that cash-strapped governments across Africa—from Nigeria, Ghana and Cameroon to Kenya, Uganda and Zimbabwe—are experimenting with a range of tax increases to broaden state revenues. That, in turn, has put the spotlight on tax collection across Africa more broadly.  A recent Financial Times article discussing Nigeria’s paltry formal revenue collection rates is emblematic of the usual coverage of the issues involved, which are recurring topics of discussion on social media and in other public arenas,  including among prospective candidates in Nigeria’s upcoming presidential election. But while the question of […]

Just before U.S. President Joe Biden met with Qatar’s emir, Tamim bin Hamad al-Thani, in the Oval Office on Tuesday, the White House shared a post on Twitter listing the visit’s agenda, which included “security and prosperity in the Middle East, global energy supplies, Afghanistan and more.” It was clear Sheikh Tamim’s visit was not just symbolic. Sheikh Tamim is the first regional leader to meet with Biden since he became president, a sign that Washington views Doha as an important element in confronting urgent U.S. priorities. And as if to underscore that point, Biden announced this week that he had designated […]

The European Union has launched a case at the World Trade Organization against China over what Brussels describes as Beijing’s “discriminatory trade practices” toward Lithuania. By doing so, the bloc joins a growing list of countries, including Australia and the United States, seeking to hold China accountable via the multilateral trading system. But with the WTO’s dispute settlement system in disarray due to longstanding procedural obstacles put in place by the Trump administration, the WTO currently lacks the ability to resolve commercial disputes in the absence of a spirit of compromise among the parties involved. So the EU’s move in some ways resembles […]