Trade correspondent L.C. writes: At the very last moment Monday night, the Trump administration announced that it will be postponing for another month its threatened tariffs against the European Union, the two NAFTA partners of the US (Canada and Mexico), and three other countries (Argentina, Australia, and Brazil). But no tariff relief has been afforded […]
President Trump’s non-Bismarckian, Kaiser Wilhelm II trade strategy
President Trump is continuing his two-front trade war – battling allies and China at the same time — despite the fact that the allies want to work together with the US within the World Trade Organization (WTO) to curb Chinese abuses. The President’s trade policy might be called a non-Bismarckian or “Kaiser Wilhelm II” approach, […]
What to do about China as an existential threat to the US and other free nations?
China within a matter of years will pose an existential military threat to the United States. At 1.34 billion inhabitants, it is four times larger in population than the US with its 311 million. Once a nation industrializes, a greater population means greater wealth and power rather than just too many hungry mouths to feed. […]
US rejoining TPP to counter China is desirable but won’t be easy
Trade correspondent L.C.’s weekly report follows President Trump re-stated this week his interest in taking a second shot at joining the Trans-Pacific Partnership (now called the Comprehensive & Progressive TPP). One of his first acts as President was to withdraw from the TPP negotiations. The administration’s new rationale for joining the TPP is that it represents […]
President Trump’s Best of Weeks, Worst of Weeks
It was President Trump’s best of weeks and his worst of weeks. It was his best of weeks in that The President instantly won the hearts of conservative Republicans by pardoning Scooter Libby, the innocent casualty of a previous lawless Special Counsel, Lawrence Walsh. President George W. Bush should have pardoned Libby but didn’t; The […]
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