Trade correspondent L.C. reports: Chinese Vice Premier Liu He came to Washington on January 30-31 and met with President Trump the second day. According to US sources and the public comments of US officials, no specific agreements were reached and the two sides remain far apart on the US’s structural issues of key concern: forced […]
WTO members launch E-commerce talks
Trade correspondent L.C. reports: The World Trade Organization (WTO) has been battered with troubles in the past two years, but it just had a rare taste of success. Fifty WTO members – nearly half its membership –agreed to launch talks for a plurilateral agreement on e-commerce/digital trade. The agreement came at a January 25 meeting of trade ministers […]
The five seapower states that created our modern commercial republics
[Editor’s note: The review which follows provides important background material to the rise of modern commercial republics and their navies. We will be writing more on the US Navy, Merchant Marine, and Coast Guard in future issues.] Andrew Lambert’s Seapower States: Maritime Culture, Continental Empires and the Conflict that Made the Modern World (New Haven: Yale University Press, 2018), 424 pages, […]
China offers $1 trillion but US wants reforms
Trade correspondent L.C. writes: China is reportedly prepared to offer to boost imports from the US by one trillion dollars. This would supposedly correct the entire bilateral trade imbalance by 2024 . Is China’s offer to be taken seriously? Any pledge by Beijing to increase imports runs up against a tough reality — the slowing […]
The Russian nuclear war danger
Russia is making major advances in nuclear weapons delivery systems against which the US presently has no defense. Of equal concern, President Putin and Russia’s military leaders believe that their doctrines of first-use under threat and willingness to use nuclear-weapons in limited wars will force its opponents to back down without a fight. One must […]
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