Miscellaneous International Trade Notices
The Wall Street Journal (WSJ) reports that Wal-Mart, Home Depot, and other big-box retailers have become key players in responding to natural disasters. According to the WSJ, Wal-Mart frequently beat the Federal Emergency Management Agency (FEMA) by days in getting trucks filled with emergency supplies to relief workers and citizens affected by the storm. The WSJ states that whereas FEMA has to scramble for resources, Wal-Mart has its own trucks, distribution centers, and dozens of stores in most areas of the country affected. (WSJ Pub 09/12/05, www.wallstreetjournal.com)
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1. Big-Box Retailers Beat FEMA in Responding to Hurricane Katrina
2. U.S. Lumber Industry Files Court Challenge of NAFTA Dispute System
Shipper's NewsWire has reported that the U.S. lumber industry is challenging the constitutionality of a dispute settlement system under the North American Free Trade Agreement (NAFTA). The NAFTA settlement system allows bi-national panels of individuals to make binding decisions about the application of U.S. law to U.S. unfair trade findings. The lumber industry believes the system's actions are contrary to due process and other constitutional requirements. (Shipper's NewsWire Pub 09/14/05, www.americanshipper.com)