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 […]
US and China back to ‘Go’ as EU forges new trade deals
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. […]
US-EU “deal” — a quick fix but no long-term clarity
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 […]
Tariff exclusions create complications for Trump and Republican allies
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 […]