President Trump is continuing his two-front trade war – battling allies and China at the same time — despite the fact that the allies want to work together with the US within the World Trade Organization (WTO) to curb Chinese abuses. The President’s trade policy might be called a non-Bismarckian or “Kaiser Wilhelm II” approach, […]
US rejoining TPP to counter China is desirable but won’t be easy
Trade correspondent L.C.’s weekly report follows President Trump re-stated this week his interest in taking a second shot at joining the Trans-Pacific Partnership (now called the Comprehensive & Progressive TPP). One of his first acts as President was to withdraw from the TPP negotiations. The administration’s new rationale for joining the TPP is that it represents […]
Important news: President Trump is considering rejoining the Trans-Pacific Partnership
The most important news of the day is that President Trump said he is considering rejoining the Trans-Pacific Partnership (TPP-11), the eleven nations that just a few days ago announced that they had secured agreement to go ahead with their trade pact. Of the US press, only the Wall Street Journal covered this major development. […]
