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Letas take a walk around the new 2024 Porsche Macan 4 and Turbo EV

Photo credit: EV Pulse

At the 2024 New York International Auto Show in, you guess it, New York, Porsche brought its newest Macan for the audience to swoon over. One of the brand’s top-selling vehicles, the new Macan represents a fairly significant shift as the company electrifies such a popular vehicle. While yes, you can still get a Macan…

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Lars Kern drives Taycan Turbo GT to record times at Laguna Seca and NA1/4rburgring

Photo credit: Porsche

The Porsche Taycan Turbo GT, along with its Weissach Package variant, has recently set new records for electric series-production cars on renowned race tracks, underscoring Porsche’s engineering prowess and the vehicle’s exceptional performance capabilities. Development driver Lars Kern piloted the Taycan Turbo GT to a record lap time at the Weathertech Raceway Laguna Seca in…

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2024 Porsche Macan debuts as electric-only performance crossover

Photo credit: Porsche

A paragon of good taste and driving enjoyment, the Porsche Macan is easy to recommend to nearly anyone shopping for a compact luxury SUV, but this near-universal praise hasnat stopped the hallowed German automaker from improving the breed. On Thursday, Porsche debuted the new, all-electric 2024 Macan, which ditches cylinders for battery cells yet still…

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Revolutionizing speed: Porsche Taycan sets a new benchmark at NA1/4rburgring

Photo credit: Porsche

Porsche has once again demonstrated its prowess in the electric vehicle arena with its pre-series Taycan, setting a new lap record at the NA1/4rburgring Nordschleife. This record-breaking lap, clocked at 7:07.55 minutes, was achieved by Porsche development driver Lars Kern. This time is a significant 26 seconds faster than the previous record set by the…

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Porsche tops latest sales satisfaction survey from leading study

Photo credit: Porsche

In the J.D. Power 2023 U.S. Sales Satisfaction Index (SSI) Study, Porsche has emerged as the leading premium brand, achieving the highest score among competitors in its category. The company recorded a score of 840 points, marking a nine-point increase from previous evaluations. This accomplishment positions Porsche at the forefront in both the premium car…

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Timo Resch appointed President and CEO of Porsche Cars North America

Timo Resch has been officially appointed as the new President and CEO of Porsche Cars North America Inc. (PCNA), according to a recent announcement from the company. Resch, who began his career with Porsche in 1995 as a student in Zuffenhausen, has returned to the company’s North American headquarters in Atlanta to assume his new…

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Porsche unveils next-generation Panamera

Photo credit: Porsche

Porsche has unveiled the highly anticipated third generation of its Panamera model, a luxury sedan known for its sporty performance, which now boasts a more digital, luxurious, and efficient design. Scheduled to arrive at U.S. Porsche Centers in Spring 2024, the 2024 Panamera starts at $99,900, not including delivery fees, and represents a significant evolution…

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Porsche, Backspin magazine pay tribute to 50 years of hip-hop

Porsche is connecting with music and culture in its latest collaboration with Backspin magazine, a documentary titled “Back to Tape 3.” The award-winning series takes a deep dive into the roots of hip-hop, the world’s biggest youth culture, marking its 50th anniversary. The film looks back at the key moment on August 11, 1973, in…

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Featured Sale: 1992 Porsche 911 Carrera RS Clubsport

1992 Porsche 911 Carrera RS Clubsport

  From the listing: “This 1992 Porsche 911 Carrera RS is one of 290 examples equipped with the M003 Clubsport option and one of just 20 cars that were intended for use in a one-make GT race series in Macau, China. When the series was canceled before it began, the cars were distributed to Art…

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Porsche Cartoon: Crazy Earthlings Invented Porsche

Photo Credit: Jerry King

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Developing country status in the WTO

Buried deep in the EU - Palm Oil report (paras. 7.911-7.915, on page 250!) is a nugget on developing country status in the WTO. Malaysia asserts, in the TBT context, that it is a developing Member. It cites as support...

Katherine Tai on WTO Complaints against China

U.S. Trade Rep. Katherine Tai had a couple exchanges at last week's Senate Finance Committee hearing in which she suggested that WTO complaints against China had not been effective, and for that reason the Biden administration had moved away from...

Katherine Tai on Trade Policy Pitting Americans against Americans

At a House Ways and Means Committee hearing last week, U.S. Trade Representative Katherine Tai said a couple times that she wanted "to stop pitting Americans against Americans" in U.S. trade policy: "Trade should work for all Americans. Our goal...

Senator Whitehouse and Ambassador Tai Talk About Getting Rid of ISDS

Here's an exchange between Senator Sheldon Whitehouse (D-RI) and U.S. Trade Rep. Katherine Tai at a Senate Finance Committee hearing today (2:32:00): Whitehouse: The other thing I wanted to talk with you about is the loathsome ISDS process. We are...

Subsidies, Overcapacity, and Domestic Demand/Savings

There has been a lot of discussion recently about how Chinese subsidies and other government support has led to industrial overcapacity, which can have a negative impact on the manufacturing sector of other economies. If domestic supply exceeds domestic demand,...

Free Trade and Peace Sells ... but Who's Buying?

I remain puzzled by some recent statements questioning whether free trade promotes peace. When I read another one in the Boston Review, I thought I was going to have to go through all my old rebuttals again. The article starts...

The Role of the WTO in Planetary Sustainability

The Role of the WTO in Planetary Sustainability Steve Charnovitz 6 April 2024 Promoting planetary sustainability is within the legal competence of all multilateral organizations. As a result, no international organization is likely to have an exclusive competence to effectuate...

USTR's New Vision for Foreign Trade Barriers

Last week, in the press release for its 2024 National Trade Estimate Report on Foreign Trade Barriers, USTR said that over the years, the identification of trade barriers in this annual report has strayed from the original purpose of the...

Digital Trade Fights: The Case of Korea

In recent years, the U.S. has expressed concerns about digital trade regulation in a number of other countries, with the focus tending to be on the the EU due to its large market and active regulatory efforts (although it sounds...

Data Flows Obligations and Exceptions in the EU - New Zealand FTA

There's a new FTA digital chapter to analyze, with the EU-New Zealand FTA coming into force soon. Let's take a look at the data flows provisions, with the EU-Japan text in the back of our minds as a comparison. The...

New U.S. AD/CVD Regulations Will Take Into Account Weak Property, IP, Human Rights, Labor, Environmental Protections

In a Proposed Rule issued last year, the U.S. Commerce Department said it would take into account "nonexistent, weak, or ineffective property (including intellectual property), human rights, labor, and environmental protections" in various ways as part of its anti-dumping/countervailing duty...

Guest Post: EFTA-India TEPA: Breaking New Ground

This is a guest post by Rohan, a PhD student at the Graduate Institute India and the EFTA countries (Iceland, Liechtenstein, Norway, and Switzerland) signed a comprehensive Trade and Economic Partnership Agreement (TEPA) on 10th March, 2024 after a long...

Is Section 301 the Right Remedy for Chinese Shipbuilding Subsidies?

In the Section 301 petition recently filed by a group of unions, the petitioners argued that "Section 301 provides an appropriate mechanism for addressing Chinaas policies in the maritime, logistics, and shipbuilding sector." They offer three reasons for this: First,...

Katherine Tai on Online Business Models and Digital Regulation

U.S. Trade Rep. Katherine Tai spoke recently at a SeedAI event and had some interesting things to say about both online business models and digital trade regulation. I'll start with a quote that reflects what she has said many times...

Did NAFTA Push White Male Social Conservatives to the Republican Party?

This is the abstract of a new paper titled "Local Economic and Political Effects of Trade Deals: Evidence from NAFTA", which argues that many "white, less educated voters left the Democratic Party" due to NAFTA: Why have white, less-educated voters...

Guest Post: Back from the WTO MC13 a A brief report and some remarks from four scholars who were in Abu Dhabi

This is a guest post by several people from the Research Chair on New Challenges of Economic Globalization, Laval University, Quebec City, Canada: Carla Gomez, Ph.D. Researcher; Antoine Comont, Ph.D. Researcher; Van Anh Ly, Ph.D., Deputy Director of the Research...

Let Them Eat Cake? Reflections on the Labor Provisions in the New India-EFTA Agreement

Iave never understood the expression: they want to have their cake and eat it too. Who on this planet wants to hold onto a piece of cake and not eat it?!? I was at a birthday party this weekend, and...

Mexico Invokes Public Morals, Exhaustible Natural Resources, Indigenous Peoples Exceptions in GE Corn USMCA Dispute

Mexico's initial written submission in the GE Corn USMCA dispute was recently posted. The English public version is here. There's a lot in there and I'm not going to go through it all in this post. I just thought it...

Resolving the Biden Administration's Internal Debate on International Digital Rules, and Reengaging in Negotiations

I've already made these points for the trade policy crowd, but I have now tried to make my pitch on a way forward for the Biden administration on international digital trade rules slightly more accessible (i.e., without so many blockquotes...

Katherine Tai on USMCA Dispute Settlement and the USMCA Six Year Review

At a Brookings event yesterday, Josh Meltzer of Brookings had some interesting exchanges with U.S. Trade Rep. Katherine Tai on USMCA dispute settlement and the USMCA six year review. Here's the one on dispute settlement: Meltzer: What I'd like to...

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