The weekly trade column with correspondent L.C. Both President Trump and his trade adviser Peter Navarro are against the use of tariff relief as a stimulus to stem the economic decline that the coronavirus epidemic has caused. After the president dismissed the mounting number of demands for removing his unilateral tariffs, late on March 20th […]
Does Trump wish to destroy the WTO? Will he heed Kudlow or Navarro?
Correspondent L.C.’s weekly trade report which follows is likely the most comprehensive such report available on the internet without charge to readers. Beyond the tariffs President Trump is imposing on steel and aluminum and intends to impose on Chinese exports, the US press reports that he is serious about wanting to rearrange US trade relationships so […]
US, European, Japanese markets down sharply after tariff announcement
President Trump in an impromptu press meeting at lunchtime yesterday announced that he was imposing 25% tariffs on all imports of steel and 10% tariffs on aluminum. The US stock market promptly fell over 2%. In conjunction with two days of previous market drops this erased all the stock market gains of 2018. This Friday morning […]
Norway, Trudeau, Italian elections, Netanyahu’s plight, trade decisions on hold
We cover today the Italian elections, Israeli Prime Minister Netanyahu under fire, the suspenseful US trade situation, and for levity, Norway’s Olympic triumphs and Prime Minister Trudeau’s hitherto unsuspected talents at make-believe. What’s with those Norwegians? We liked this Politico piece on why the Norwegians cleaned up so many medals in the Winter Olympics. On a […]
