Trade correspondent L.C.’s weekly report follows President Trump re-stated this week his interest in taking a second shot at joining the Trans-Pacific Partnership (now called the Comprehensive & Progressive TPP). One of his first acts as President was to withdraw from the TPP negotiations. The administration’s new rationale for joining the TPP is that it represents […]
President Trump’s Best of Weeks, Worst of Weeks
It was President Trump’s best of weeks and his worst of weeks. It was his best of weeks in that The President instantly won the hearts of conservative Republicans by pardoning Scooter Libby, the innocent casualty of a previous lawless Special Counsel, Lawrence Walsh. President George W. Bush should have pardoned Libby but didn’t; The […]
Trump administration split over goal of tariffs vs Chinese imports
L.C.’s weekly trade report follows. Diminish Chinese trade surplus or its hi tech industrial policy? April 10th — The Trump administration is internally split regarding the goal of its $50 bn. in threatened Section 301 tariffs against Chinese imports. Some officials want to win concessions from the Chinese that would bring down the bilateral trade […]
Winter and spring colder than usual? Here’s why
Winter and spring colder than usual? The NY Daily News, among others, thinks so: The Daily News has no clue as to why this is happening. But those who have read Henri Svensmark and Nigel Calder’s The Chilling Stars: A New Theory of Climate Change or good summaries do. The solar wind — plasma flares from […]
China retaliates against US with tariffs hitting Midwest farmers
Founders Broadsheet trade correspondent L.C. reports: Late Sunday April 1st, China announced that effective immediately it will be imposing tariffs of 25% on eight US exports, including pork, and 15% on one hundred and twenty other US exports, including fruits. This is China’s response to President Trump’s Section 232 (defense-related) steel and aluminum tariffs announced […]
