It was President Trump’s best of weeks and his worst of weeks. It was his best of weeks in that The President instantly won the hearts of conservative Republicans by pardoning Scooter Libby, the innocent casualty of a previous lawless Special Counsel, Lawrence Walsh. President George W. Bush should have pardoned Libby but didn’t; The […]
Basic economics says the Trump tariffs won’t affect the US trade balance in the least
The Trump Administration brought a bit more clarity to the Section 232 “national security” tariffs being imposed on steel (25%) and aluminum (10%). Korea and the US have meanwhile settled their differences, and the US and China are in negotiations. But there’s still lack of clarity as to how countries will be exempted from US […]
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 […]
Canada files with WTO a global attack on US unfair-trade laws
Weekly trade report for Jan. 8-14, 2018 by L.C. Canada has filed a new World Trade Organization (WTO) complaint against the US that is stunning in its scope. It targets in detail the way the US implements its unfair-trade laws, enumerating many practices that are at the core of US trade-remedy measures but that allegedly […]
