Trade correspondent L.C. reports: President Trump threatened Japan with unspecified action over its persistent trade surplus with the US. The threat came in a telephone conversation with Wall Street Journal assistant editor James Freeman, who quoted the President as saying that the US has “good relations” with Japan but that he “is still bothered by […]
In Afghanistan, It’s Deja Vu All Over Again
Korea, Vietnam, Iraq, and now a 17-year losing war in Afghanistan….One wonders: is the US ever again going to elect a leadership that fights its wars to victory or abstains from engaging in them in the first place? In important respects the Afghanistan fiasco is a carbon copy of earlier failures in Korea, Vietnam, and […]
Trump threatens Canada, NAFTA, WTO, and Congress
Trade correspondent L.C. reports: President Trump this past week issued threats against Canada, NAFTA, the WTO, and Congress. The rest of the world has been responding pro-actively by forming free-trade pacts without the US. In an intense week for the NAFTA renegotiation that followed last week’s announcement of a US-Mexico bilateral agreement, talks with Canada […]
Agreement with Mexico but unity vs China pending
Trade correspondent L.C. reports: As expected, the US and Mexico this morning announced agreement on a trade deal which, if Canada accepts, will constitute NAFTA 2.0. “But a number of key factors remain unresolved in Trump’s effort to replace the North American Free Trade Agreement — the biggest among them whether Canada will sign on […]
Can US education become great again?
A new year is starting at schools and colleges around the US, but it’s business as usual in the education industry. Although the US has higher per pupil educational spending than anywhere else in the world, its students score a mediocre 28th place in global school rankings. China scores way ahead of the US in […]
