Trade correspondent L.C. reports: Congress is weighing in on the Huawei situation, exerting pressure against the possible easing of US government restrictions on the company and against the President using it as a bargaining chip in trade talks with Beijing. In fact, some in Congress and beyond think the Administration erred in not destroying China’s […]
Astronauts, Trump support Zubrin plan for Mars
Robert Zubrin, The Case for Space (Prometheus Books, 2019) Reviewed by Richard Schulman This Sunday, July 21st, is a bittersweet anniversary. The sweet side of the remembrance is that it’s the fiftieth anniversary of the date the first humans — US astronauts Neil Armstrong and Buzz Aldrin — walked on the Moon. The bitter side […]
French impose tax aimed mainly at US software companies
Trade correspondent L.C. reports: US Trade Representative (USTR) Robert Lighthizer announced on July 10th that it is initiating a Section 301 investigation focused on the new French Digital Services Tax (DST). The tax is expected to hit major US technology companies hard. The investigation will determine if the tax is an unfair trade barrier and […]
Cold War with China? Yes
by Richard Schulman There’s a debate underway in Washington as to whether the Trump administration is provoking a new Cold War with China and whether this is a good idea. One hundred China experts, many closely associated with the Democratic Party, think that the administration is indeed doing so and that this is a bad […]
President accuses trade partners of currency manipulation
Trade correspondent L.C. reports: President Trump has renewed his allegations of foreign currency manipulation at the same time as he is pushing for US manipulation. Meanwhile, the administration’s proposal to treat currency undervaluation as a countervailable subsidy has come under attack at the WTO. On July 3rd the president tweeted, “China and Europe playing big […]
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