Will the US-EU Summit on June 15th do better? The June 7th to 13th, 2021 roundup of major trade developments, with L.C. Biden’s first foreign foray began with the 47th Group of Seven Summit, hosted by the UK in Carbis Bay, Cornwall, June 11th to 13th. From there, Biden goes to Brussels for a NATO […]
G7, Jackson Hole cap tumultuous week for trade
By Trade Correspondent L.C. The G7 meeting in Biarritz, France ended inconclusively with French President Macron and US President Trump contending over rival agendas and the US president under particularly heavy pressure to de-escalate the US-China trade war. Over the same weekend, international central bankers met in Jackson Hole, Wyoming and struck a similar tone. […]
As G7 ends, President Trump opposes allies rather than concerting measures against China
Trade correspondent L.C. reports on the unraveling of the G7 summit. When the annual Group of Seven Summit (G7) in Charlevoix (Quebec) on June 8th-9th ended, President Trump decided to oppose allies rather than concert with them measures against China. This raises questions about all aspects of US trade policy going forward: The escalating moves […]