Trade correspondent L.C. reports: The Trump Administration made it clear on February 7th that the summit between President Trump and President Xi Jinping expected later this month will not take place, at least not while the US President is in Asia for his February 27-28 meeting with Kim Jong Un. The news took most observers […]
Two Euro countries favor China’s Huawei over Western security
Two countries in Europe and the European Union (EU) — Germany and Italy — have agreed to build their telecommunications infrastructure around Huawei equipment. This gear is ultimately controlled by the intelligence and military services of mainland China’s Communist dictatorship. The company is already notorious in the West for its industrial spying, lying, and violation […]
Will China implement structural reforms or just increase US imports?
Trade correspondent L.C. reports: Chinese Vice Premier Liu He came to Washington on January 30-31 and met with President Trump the second day. According to US sources and the public comments of US officials, no specific agreements were reached and the two sides remain far apart on the US’s structural issues of key concern: forced […]
2018 in trade: China on defensive; TPP-11 underway
The year 2018 is ending with the Trump administration having usefully set China’s hostile trade policy back on its heels but only at considerable cost to US exports – a cost that could been avoided by concerting the anti-China measures with its EU and Japanese allies from the beginning. It is also the 20th anniversary […]
Agreement with Mexico but unity vs China pending
Trade correspondent L.C. reports: As expected, the US and Mexico this morning announced agreement on a trade deal which, if Canada accepts, will constitute NAFTA 2.0. “But a number of key factors remain unresolved in Trump’s effort to replace the North American Free Trade Agreement — the biggest among them whether Canada will sign on […]
