by Trade Correspondent L.C. — The world economy faces three principal threats at the moment: Rising interest rates, endangering those emerging economies with heavy debt burdens; Possible Saudi-triggered oil price increases in the wake of the Khashoggi affair; and Ongoing trade war among the US, its allies, and China. Regarding the US-China trade war, while […]
Trump threatens Canada, NAFTA, WTO, and Congress
Trade correspondent L.C. reports: President Trump this past week issued threats against Canada, NAFTA, the WTO, and Congress. The rest of the world has been responding pro-actively by forming free-trade pacts without the US. In an intense week for the NAFTA renegotiation that followed last week’s announcement of a US-Mexico bilateral agreement, talks with Canada […]
