by Trade Correspondent L.C. The US-China trade war seemed to slightly ease this week amid speculation that both sides wish to spare their economies further tariff escalation. Beijing is now proposing two negotiating tracks: one for strictly trade matters – which Vice Premier Liu He would lead – and one for national security matters. The […]
US seeks to head off Turkey break with free trade offer
Trade correspondent L.C. reports: The idea of a US-Turkey Free Trade Agreement was raised this week by Sen. Lindsey Graham (R-SC). He spoke about the possibility after meeting with visiting Turkish Foreign Minister Mevlut Cavusoglu, with whom the President asked him to meet. The prospect of an FTA was presumably also the White House’s idea. […]
Positive outlook for China, Japan trade talks; USMCA stalled
Trade correspondent L.C. reports: President Trump is moving to wrap up trade talks with Japan and China and to get Congressional ratification of the USMCA. The trade talks are moving toward possible conclusion by the end of the year, but the USMCA is running into opposition from trade unions and Democratic legislators in the House. […]
Administration wins steel tariff case; Court review likely
Trade correspondent L.C. reports: President Trump’s 25% tariff on steel has now become a constitutional issue likely to end up at the Supreme Court. On March 25th the US Court of International Trade (CIT) in New York ruled against a steel users’ group, the American Institute for International Steel (AIIS), which argues that Section 232 […]
Suspense over auto tariffs
Trade correspondent L.C. reports: Did the Commerce Department meet its February 17th deadline to deliver to the White House a report on whether automotive imports are a threat to national security? No one knows, and the White House isn’t saying. The secrecy is rankling. As the president of the American International Automobile Dealers Association said, […]
