The weekly trade report with L.C. The US Government got into a tussle with the 3M Company, maker of N95 medical masks. The quarrel stems from the Trump Administration’s desire of blocking exports of supplies needed in the COVID-19 fight. Using the powers available to it under the 1950 Defense Production Act (DPA), the administration […]
President and Navarro against tariff relief as stimulus
The weekly trade column with correspondent L.C. Both President Trump and his trade adviser Peter Navarro are against the use of tariff relief as a stimulus to stem the economic decline that the coronavirus epidemic has caused. After the president dismissed the mounting number of demands for removing his unilateral tariffs, late on March 20th […]