Trade correspondent L.C. writes: There was no great surprise yesterday, Feb. 24th, when President Trump tweeted that he has decided to delay the 10% to 25% hike on tariffs on $200 billion of Chinese exports to the US. The president explained: I am pleased to report that the U.S. has made substantial progress in our […]
The military-commercial nexus that keeps Maduro in power
President Trump has been handling the Venezuelan crisis skillfully and enjoying a substantial publicity boost as a consequence. Some may be wondering how Nicolás Maduro, the Venezuelan dictator — with his oil revenues cut off, the economy a wreck, and much of the population starving — is still managing to hold onto power. An important […]
Suspense over auto tariffs
Trade correspondent L.C. reports: Did the Commerce Department meet its February 17th deadline to deliver to the White House a report on whether automotive imports are a threat to national security? No one knows, and the White House isn’t saying. The secrecy is rankling. As the president of the American International Automobile Dealers Association said, […]
Trump-Xi summit off, US at loggerheads with EU
Trade correspondent L.C. reports: The Trump Administration made it clear on February 7th that the summit between President Trump and President Xi Jinping expected later this month will not take place, at least not while the US President is in Asia for his February 27-28 meeting with Kim Jong Un. The news took most observers […]
Two Euro countries favor China’s Huawei over Western security
Two countries in Europe and the European Union (EU) — Germany and Italy — have agreed to build their telecommunications infrastructure around Huawei equipment. This gear is ultimately controlled by the intelligence and military services of mainland China’s Communist dictatorship. The company is already notorious in the West for its industrial spying, lying, and violation […]
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