In the past seven to ten days, President Trump’s Section 301 tariffs on China, his aluminum tariff on Canada, his Commerce Department’s treatment of US importers, and his personal involvement in the TikTok sale have all generated trade setbacks or criticism. The weekly trade report with L.C. Here’s a round-up of administration trade setbacks: China […]
Business investment stagnating in face of trade uncertainty
“The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014,” Bloomberg writes. The growth “followed a 4.2 percent advance in the prior three months…” But sustained growth and productivity gains require […]
