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No need to make nicey-nice with Xi Jinping for a trade deal

November 25, 2019 by Richard Schulman 1 Comment

By trade correspondent L.C. and the editor What is one to conclude from the overwhelming victory of pro-democracy candidates in Sunday’s Hong Kong municipal elections and the publication last week in the Western press of Chinese Communist internal documents revealing the party’s incarceration of one to two million of its own Muslim population in Xinjiang? […]

Filed Under: Trade  Tagged: Hong Kong, Xinjiang

Republican Senate not using subpoena powers or approving crucial nominees

November 24, 2019 by Richard Schulman Leave a Comment

The Democratic-Party-controlled House of Representatives has been using its subpoena powers 7-by-24 to paralyze a Republican presidency. What has the Republican Senate been doing with its equivalent subpoena powers? Is it investigating malfeasance and possible criminal activities among holdovers from previous Democratic administrations embedded in the IRS, FBI, and CIA? Is it approving crucial nominees […]

Filed Under: Uncategorized  Tagged: Agency for Global Media (USAGM), China, Michael Pack, Senator Bob Menendez, subpoena power

Chile, Colombia uprisings because Maduro not ousted

November 22, 2019 by Richard Schulman Leave a Comment

By Richard Schulman With the wisdom of hindsight, we think the US made a big mistake in leaving Nicolás Maduro in power in Venezuela, faced only with economic sanctions that almost never bring about the downfall of a dictatorship, just more deprivation to powerless citizens. Chile, Colombia uprisings The leftist-instigated arson and urban uprisings in […]

Filed Under: Uncategorized  Tagged: Chile, China, Colombia, Cuba, Iran, Russia, Venezuela

US threatens WTO existence but punts on auto import tariffs

November 18, 2019 by Richard Schulman Leave a Comment

Bloomberg News carried an explosive account of a November 12th meeting of the World Trade Organization Committee on Budget, Finance & Administration at which the US raised “the possibility of blocking the approval of the institution’s biennial budget and effectively halting its work starting next year.” If a budget isn’t approved by consensus of the […]

Filed Under: Trade  Tagged: auto tariffs, Federal Reserve, Section 232, US Treasury

RCEP a minor trade win for China but India bows out

November 11, 2019 by Richard Schulman 1 Comment

The weekly report of our trade correspondent, L.C. The Regional Comprehensive Economic Partnership achieved a success, of sorts, at the RCEP leaders summit in Bangkok on November 5th. Fifteen of the sixteen participating countries agreed to finalize the deal and sign it next year – but India opted out. The fifteen went out of their […]

Filed Under: Trade  Tagged: India, Regional Comprehensive Economic Partnership (RCEP)

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