The weekly report of our trade correspondent, L.C. The Regional Comprehensive Economic Partnership achieved a success, of sorts, at the RCEP leaders summit in Bangkok on November 5th. Fifteen of the sixteen participating countries agreed to finalize the deal and sign it next year – but India opted out. The fifteen went out of their […]
Administration’s trade and currency policies are contradictory
by Trade Correspondent L.C. In this odd week for US-China ties, President Donald Trump formally accused Beijing of being a currency manipulator while also calling for the US to manipulate the dollar lower. This raises the question of whether the Trump Administration will directly intervene in the currency markets to devalue the dollar. That’s something […]