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Blocking exports could hurt everyone

April 6, 2020 by Richard Schulman 1 Comment

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 […]

Filed Under: Trade  Tagged: export restrictions

President and Navarro against tariff relief as stimulus

March 23, 2020 by Richard Schulman Leave a Comment

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 […]

Filed Under: Trade  Tagged: China dependency, export restrictions, Peter Navarro, Senate Finate Committee chairman Chuck Grassley, TPP

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