by Trade Correspondent L.C. Fifteen percent tariffs on tools, clothing, some footwear, and many electronics were imposed on China yesterday by the US, today’s Wall Street Journal reports. Additional 15% tariffs will be imposed on smartphones, laptops, toys, video games and other products starting on Dec. 15th. Consumers may soon be noticing increased retail prices. […]
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 […]