Contrary to the coverage of major media outlets, the United Kingdom (UK) will do better with a “hard Brexit” — leaving the European Union (EU) with no deal — than the centrist solution negotiated by UK Chancellor Theresa May or the “remain” option (staying in the EU) advocated by the British left. The institution that […]
Trade in split Congress likely to be bipartisan but protectionist
Trade correspondent L.C. reports: In the wake of the highly partisan US midterm elections, trade is one of the few areas where bipartisanship is possible. Most observers believe that Congress will pass the US-Canada-Mexico (USMCA, a.k.a. NAFTA 2.0) implementing bill during 2019. It is also likely that Congress will approve the start of trade talks […]
With NAFTA 2 concluded, will President join allies against China trade misbehavior?
Trade correspondent L.C. reports: The NAFTA renegotiation was finally concluded with the October 1st release of the text of the revised agreement. This will allow it to be signed by the three member countries before Mexican President Enrique Peña Nieto leaves office on December 1st. Getting the NAFTA re-do out of the way raises the […]
