The March 22-28, 2021 roundup of major trade developments, with L.C. China’s confrontation with the US and its allies intensified this week, moving in a direction that may be difficult to steer away from. This week’s events followed and built upon last week’s tense US-China foreign ministers meeting in Alaska. The issue now in the […]
Trade opportunities thwarted by bipartisan protectionism
• Canadian Pacific and Kansas City Southern railroads agree to merge, forming “first USMCA railroad network”; • HUGE proposal for Honduras, Guatemala, and El Salvador would provide home country jobs, relieve US border crisis; • US farmers taking big export hit from US dropping out of Trans-Pacific Partnership; • US Trade Representative Katherine Tai is […]
ARPA: corrupting the electorate with free money
by Richard Schulman Good parents try to raise their children from a state of dependency into independent adults. Bad governments, by contrast, seek to turn adults back into dependent children. Dependent on government, that is. The left has a euphemism for this desired state of dependency: the universal welfare state. Republicans are describing the recently […]
Australia’s Cormann wins OECD race; Greens unhappy
– Australian Prime Minister Scott Morrison hosts a virtual Quad leaders meeting on March 12th; – Secretary of State Blinken and Defense Secretary Austin will cross Pacific to meet with their Japanese and South Korean counterparts prior to a high-level US-China meeting in Anchorage, Alaska;– Japanese Prime Minister Yoshihide Suga will be the first foreign […]
US, UK, and EU suspend Airbus-Boeing tariff wars
The US Trade Representative office releases its Annual Report and Agenda; WTO gets off to unpromising start despite efforts of its new Director-General, Ngozi Okonjo-Iweala; US Chamber of Commerce criticizes her vaccine proposal; Russia intelligence spreads disinformation on Pfizer and Moderna vaccines. US may raise Chinese censorship as an unfair trade issue The March 1-7, […]
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