World trade and the Indo-Pacific aside, the Biden administration has problems closer to home. It has taken actions against Canada that hurt both that country and the US, and it is facing damaging actions not of its doing from Mexico’s authoritarian leftist president AMLO. The November 29th, 2021 trade report with L.C. On November 26th, […]
Administration favors costly welfare and climate policies over US trade and allies
Despite major election losses, the Biden administration keeps neglecting US farmers and industry — and strategic allies Japan and UK — in order to pursue expensive welfare entitlements and Net Zero climate programs sought by the Democratic Party left. The November 8th, 2021 trade report with L.C. There is a split over China policy within […]
US Meng release, CPTPP boycott make life easier for China
* Commerce Secretary Gina Raimondo’s questionable optimism on US-China trade relations;* Taiwan, the UK, and China want “in” to the CPTPP — everyone, it seems, but the US;* One (mostly) positive development: the new US-EU Technology and Trade Council to meet in Pittsburgh. The weekly trade report with L.C. Huawei CFO Meng Wanzhou deplaned in […]
Biden trade policy: meet new boss, worse than old boss
Biden trade policy is shaping up to be variant of Trump’s failed protectionism: Buy American, domestic-content rules, screw allies (Canada first), a cheap dollar, Section 301 tariffs, government subsidies to the favored, and no TPP — but without the abundant, reliable, inexpensive, domestically-produced energy of the Trump administration. The weekly trade report with L.C. Biden […]
International resistance to China grows
US blocks Chinese access to additional defense-related US technologies. Coalitions of democracies to resist China are expanding on four continents. The CPTPP has become newly popular. Will the US rejoin? One off-note: Treasury’s currency manipulation report. The weekly trade report with L.C. The Commerce Department announced on December 18th that it has added China’s Semiconductor […]
