The Trump Administration brought a bit more clarity to the Section 232 “national security” tariffs being imposed on steel (25%) and aluminum (10%). Korea and the US have meanwhile settled their differences, and the US and China are in negotiations. But there’s still lack of clarity as to how countries will be exempted from US […]
The revolution in climate science you probably haven’t heard of
In 1801, British astronomer William Herschel noticed that wheat was scarce and prices were high when sunspots were minimal, and conversely wheat was abundant and prices low when sunspots were plentiful. Similar observations to Herschel’s were made in 1871 by British economist William Stanley Jevons — and many others in the preceding and ensuing years. Herschel, […]
Does Trump wish to destroy the WTO? Will he heed Kudlow or Navarro?
Correspondent L.C.’s weekly trade report which follows is likely the most comprehensive such report available on the internet without charge to readers. Beyond the tariffs President Trump is imposing on steel and aluminum and intends to impose on Chinese exports, the US press reports that he is serious about wanting to rearrange US trade relationships so […]
Europe’s troubles, Putin’s hope, a justifiable Trump tariff intervention
We’ve been hard on the Trump administration’s steel and aluminum tariffs, which were supposed to hit the primary troublemaker, China, but instead are threatening US allies. But one move by the administration is justifiable and consistent with the administration’s otherwise shaky claim that the steel and aluminum tariffs are defense related. In the face of […]
Tariff exclusions create complications for Trump and Republican allies
Our trade expert L.C.’s weekly trade report follows: President Trump’s March 8th proclamations of tariffs of 25% on steel and 10% on aluminum — but with tariff exclusions for Canada and Mexico — have created considerable political and economic complications for the President and his Republican allies. Trump issued the proclamations under Section 232 of […]
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