Bipartisan softballs are lodged at President Biden’s protectionist USTR-designate Katherine Tai during her confirmation hearings. A Biden executive order will launch a 100-day US supply chain review. The administration’s refusal to follow up on a US-UK free trade agreement begun by the Trump administration smells of petty partisanship and contradicts the present administration’s claim that […]
China trade deal called managed-trade Gosplan
The weekly trade report with L.C. Critics claim that the Phase One bilateral trade deal just signed by the US and China is a mercantilist, managed-trade Gosplan that will create more rather than less friction between the two countries, further unsettle world trade, and reduce investment. It will also provoke continuing friction between the US […]