L.C.’s weekly trade report follows: Tariff trigger pulled; some damage to global markets and investments appears Following the failure of bilateral talks the Trump administration has followed through, as expected, by imposing 25% tariffs on about $50 billion worth of Chinese exports. That represents about 10% of the annual value of US goods imports from […]
As G7 ends, President Trump opposes allies rather than concerting measures against China
Trade correspondent L.C. reports on the unraveling of the G7 summit. When the annual Group of Seven Summit (G7) in Charlevoix (Quebec) on June 8th-9th ended, President Trump decided to oppose allies rather than concert with them measures against China. This raises questions about all aspects of US trade policy going forward: The escalating moves […]
Promising Alzheimer’s and Parkinson’s research and the diabetes link
A promising development toward the prevention and cure of Alzheimer’s and Parkinson’s disease has been published in the past week. We briefly review this development below. Alzheimer’s and Parkinson’s disease: the insulin clue The causation of Alzheimer’s Disease (AD) has stumped medical researchers for decades. The dominant causal factor was assumed to be the amyloid […]
President Trump refutes “big bark, little bite” predictions; angers allies
Trade correspondent L.C. reports: US trade policy announced over the past week has answered the key trade question of the past sixteen months of whether President Trump is “big-bark–little-bite” and would ultimately back off from acting on his protectionist trade policy preferences and his peculiar understanding of how the trading economy works: No. Mexico, Canada, […]
Congress, business, allies protest Administration’s security rationale for tariffs on auto imports
Trade correspondent L.C. reports: The US Commerce Department announced on May 23rd that it was initiating an investigation as to whether automobile imports – “including SUVs, vans and light trucks, and automotive parts… threaten to impair the national security as defined in Section 232.” This was a stunning move. Congress, business, and US allies abroad […]
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