As the year ended, the UK finally exited the EU; China with Angela Merkel’s help concluded an EU-China trade agreement (despite suggestions from Biden officials that it should wait to consult with the incoming US administration); and the departing Trump administration issued a request to the WTO that environmental shortcomings become countervailable. The weekly trade […]
Relief at UK-EU Agreement, But Whither the EU Now?
Boris Johnson has his Brexit and the EU its 27 intimidated “remainer” nations. But the Biden administration may not find the welcome it had been anticipating from a Europe that wants to be defended by the US while ignoring US security interests. The weekly trade report with L.C. On Christmas Eve the EU and UK […]
President Trump continues “Stick it to the allies” approach
Founders Broadsheet trade correspondent L.C. reports: President Trump is continuing to pursue his “Stick it to the allies” trade policies in parallel with US-China negotiations, despite signs that these conflicts with allies are undermining US strategic interests in Europe and Asia. The president has turned his back on allies who share his interest in curbing […]
Suspense over auto tariffs
Trade correspondent L.C. reports: Did the Commerce Department meet its February 17th deadline to deliver to the White House a report on whether automotive imports are a threat to national security? No one knows, and the White House isn’t saying. The secrecy is rankling. As the president of the American International Automobile Dealers Association said, […]