Posts

North Korea-China Trade Ties: North Korea’s Life Jacket is Becoming China’s Straight Jacket

The North Korean regime continues to amass missile and nuclear technologies, through a combination of global licit and illicit transactions. North Korea trades for currency, for fuel, and for military materiel to preserve its power. Will expanded sanctions choke off revenue for weapons programs, or will continued trade ties with China throw North Korea a lifeline?

South China Sea Exports from ChinaPower

Trade and Maritime Security

Around one-third of global shipping and about 21 percent of global trade moves through it the South China Sea. The Strait of Malacca, which connects the South China Sea and the Pacific Ocean with the Indian Ocean, is the shortest and most economical passageway connecting these important bodies of water. Any long-term uncertainty around commercial use of the Strait of Malacca could create a ripple effect throughout existing global supply chains.

Pretty young woman refuel the car

North America is an Energy Powerhouse Dependent on Trade

After autos and auto parts, energy commodities are the largest category of traded goods in North America. The energy industry in North America is both highly integrated and interdependent. As a region, we have achieved energy self-sufficiency and have become a global energy powerhouse because we trade with one another.

Think difference

National Security Exception: When Trade Rules Don’t Apply

Since 1947, the global trade rules have contained a “national security exception.” WTO members operate on the presumption that their fellow members will exercise the exception rarely and in good faith.