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 — […]
Latest US trade developments with China, Taiwan, Canada, and Europe
The weekly trade report with L.C. At the last minute, the US and China called off the six-month review of their Phase One Trade Agreement. The cancellation does not, however, appear to be a negative signal for the trade deal, still considered one of the few (perhaps only) bright spots in the darkening bilateral relationship. […]
With Kamala Harris, SF Democrats increase hold on Democratic Party
by Richard Schulman As with Barack Obama’s presidential candidacy in 2008, some conservatives entertain a hope that a Biden administration might bring improvements in US governance. Josef Joffe, conservative publisher-editor of the German weekly, Die Zeit, sees a decline of responsible leadership in the West. In earlier years, that abdication of international leadership made possible, […]
Aluminum tariff re-imposition opens protectionist-themed election campaign
The 10% tariff on aluminum that President Trump just re-imposed on Canada will hurt downstream US aluminum manufacturers and benefit Chinese and Russian producers of raw aluminum. The president’s restrictions on Chinese spy technology, by contrast, are welcome. The weekly trade report with L.C. On August 6th, President Trump signed a “Proclamation on Adjusting Imports […]
Congress writing pro-Taiwan, anti-China bills
Congress is writing bills to discourage China from attacking Taiwan and to make the US economy less dependent on Chinese manufactures. The weekly trade report with L.C Sen. Cory Gardner (R-CO), chairman of the Senate Foreign Relations East Asia subcommittee, announced on July 29th that he has written to US Trade Representative Robert Lighthizer calling […]
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