Founders Broadsheet trade correspondent L.C. reports: President Trump is continuing to pursue his “Stick it to the allies” trade policies in parallel with US-China negotiations, despite signs that these conflicts with allies are undermining US strategic interests in Europe and Asia. The president has turned his back on allies who share his interest in curbing […]
Business investment stagnating in face of trade uncertainty
“The U.S. economy expanded at a 3.5 percent pace in the third quarter as consumers opened their wallets, businesses restocked inventories and governments boosted spending, marking the strongest back-to-back quarters of growth since 2014,” Bloomberg writes. The growth “followed a 4.2 percent advance in the prior three months…” But sustained growth and productivity gains require […]