US blocks Chinese access to additional defense-related US technologies. Coalitions of democracies to resist China are expanding on four continents. The CPTPP has become newly popular. Will the US rejoin? One off-note: Treasury’s currency manipulation report. The weekly trade report with L.C. The Commerce Department announced on December 18th that it has added China’s Semiconductor […]
Administration concedes failure of bilateral pacts
Bilateral pacts have long been the administration’s preferred trade policy, but not any longer The weekly trade report with L.C. Bilateral pacts have been the Trump administration’s preferred policy from day one of its tenure. Bilateral pacts, by comparison with multilateral pacts, tend to promote protectionism – my nation and yours vs. the outsiders — […]
Court punts on taking non-delegation case
The Supreme Court has punted on taking the non-delegation case brought before it by the AIIS, whose members hope to nullify the Trump administration’s Section 232 tariff on imported steel. Trade issues impacting Canada, Vietnam, China, and the WTO are also covered, as well as recent US visa restrictions. The weekly trade report by L.C. […]
Attack on 3M resolved, harmful tariffs remain
The weekly trade report with L.C. The administration’s attack on 3M two weeks ago has been resolved, but the Trump tariffs on medical imports continue, despite the shortages and unneeded expenses they are occasioning. The administration’s quarrel with 3M was amicably resolved early last week. The famous Minnesota company said in a press release on […]
No temporary tariff relief for now
The weekly trade report with L.C. Last Friday, March 27th, the Wall Street Journal quoted a senior administration official to the effect that “The Trump administration is preparing to suspend collection of import tariffs for three months to give U.S. companies financial relief amid the coronavirus pandemic.” Asked about this at a press conference the […]
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