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Limited US trade deal with Japan but not India

September 30, 2019 by Richard Schulman 1 Comment

Trade Correspondent L.C.’s Weekly Trade Report: As anticipated (URL), President Trump and Prime Minister Shinzo Abe announced a limited trade agreement dealing mainly with tariffs and a second agreement on digital trade when they met in New York on September 25th. But the expectation that President Trump and Prime Minister Narendra Modi would announce a […]

Filed Under: Trade  Tagged: Brazil, EU, India, Japan, MERCOSUR

US and China back to ‘Go’ as EU forges new trade deals

July 1, 2019 by Richard Schulman Leave a Comment

by Trade Correspondent L.C.: Presidents Trump and Xi Jinping met on June 28th on the sidelines of the G20 Summit in Osaka and agreed to a tariff standstill and resumption of trade talks. The new engagement doesn’t come with any clear instructions for reaching a successful outcome; the move is seen as a buying-time exercise. […]

Filed Under: Trade  Tagged: Cecilia Malmstrom, EU, MERCOSUR, Vietnam

US-EU “deal” — a quick fix but no long-term clarity

July 30, 2018 by Richard Schulman Leave a Comment

European Commission President Juncker and US President Trump arrange a temporary, informal, and limited trade deal

Trade correspondent L.C. reports: President Trump met with European Commission President Jean-Claude Juncker for over three hours at the White House on July 25th. The leaders emerged with what they claimed to be a significant deal on trade, though the meeting was not a formal negotiation and the outcome was vague and mainly pointed to […]

Filed Under: Trade  Tagged: auto tariffs, European Commission President Juncker, MERCOSUR, Pacific Alliance, soybeans, steel and aluminum tariffs, US Agriculture Secretary Sonny Perdue

Tariff exclusions create complications for Trump and Republican allies

March 13, 2018 by Richard Schulman Leave a Comment

President Trump's main tariff supporters are Democrats, including ultra-Progressive Sen. Elizabeth Warren

Our trade expert L.C.’s weekly trade report follows: President Trump’s March 8th proclamations of tariffs of 25% on steel and 10% on aluminum — but with tariff exclusions for Canada and Mexico — have created considerable political and economic complications for the President and his Republican allies. Trump issued the proclamations under Section 232 of […]

Filed Under: tariff exclusions  Tagged: Canada, CPTPP (new 11-nation TPP), free-trade agreements (FTAs), Malcolm Turnbull, MERCOSUR, Mexico, NAFTA, Pacific Alliance, Section 232, Section 301

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