…Chinese reform less likely. The de-listing of Chinese companies is especially foolish. American financial exchanges are sources of U.S. economic strength, but they compete in a global market. Foreign firms…
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Protectionist USTR-designate Tai gets bipartisan pass
…Republican on the House Ways & Means Committee as well as on the Senate Finance Committee, spoke in favor of her confirmation. She has received strong endorsements from labor unions…
President Trump channels Speaker Pelosi
…in the U.S. aren’t available in Canada because of government price controls. The same is true of most countries. https://www.wsj.com/articles/trumps-drug-price-panic-11595798381?mod=searchresults&page=1&pos=8 Après moi le déluge If this presidential behavior keeps up,…
Markets plunge on Xi Jinping virus, oil war, Fed rate cut
…US exports remain higher-priced in China than competitive products, and therefore private companies won’t find them attractive. To meet its purchase commitments, Beijing will therefore have to pressure SOEs to…
US rejects EU’s “Farm to Fork” initiative
…initiative for agriculture dubbed “Farm to Fork.” The initiative is a central part of the European Green Deal. The European Commission writes: We need to redesign our food systems which…
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