Trade correspondent L.C. reports: The Court of International Trade in New York heard oral arguments on December 19th against President Trump’s use of the Section 232 (national-defense related) provisions of the Trade Expansion Act of 1962. At issue are the tariffs imposed on steel and aluminum and pending decisions on automotive imports and uranium. Both […]
Mattis resignation caps bad week for Trump
President Trump has been correct in shifting US military efforts away from never-ending jihadist wars and redirecting them to existential threats to the US posed by China and Russia. But this approach can only be viable if the US provides backup to the allies who are fighting the jihadists in our stead. The US military […]
China dangles minor trade concessions
Trade correspondent L.C. reports: China was active this week and recently in presenting an array of concessions that appeared to meet some US demands. The concessions included a nominal retreat from Xi Jinping’s signature “Made in China 2025” program, removed the retaliatory 25% extra tariff on US vehicles, and resumed purchases of US soybeans and, […]
Defending the Ukraine, avoiding war
Although the uproar over Russia’s November 25th naval attack on three Ukrainian ships has receded from the headlines — just as Russian President Vladimir Putin surely wishes — the attack represents a major escalation of Russia’s until-now low-intensity war against the Ukraine. The US, the EU, and NATO cannot afford to let Russia’s aggression stand […]
Anti-Chinese measures widely supported but not Section 232 tariffs
Trade correspondent L.C. reports: With the detention in Canada of Huáwéi (华为) Chief Financial Officer Mèng Wănzhōu (孟晚舟), the US government has taken a major step in its fight against abuses by mainland Chinese companies. The US administration’s anti-Chinese national security measures are widely popular across the political spectrum and internationally. But this is not […]
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