In the past seven to ten days, President Trump’s Section 301 tariffs on China, his aluminum tariff on Canada, his Commerce Department’s treatment of US importers, and his personal involvement in the TikTok sale have all generated trade setbacks or criticism. The weekly trade report with L.C. Here’s a round-up of administration trade setbacks: China […]
Court punts on taking non-delegation case
The Supreme Court has punted on taking the non-delegation case brought before it by the AIIS, whose members hope to nullify the Trump administration’s Section 232 tariff on imported steel. Trade issues impacting Canada, Vietnam, China, and the WTO are also covered, as well as recent US visa restrictions. The weekly trade report by L.C. […]
UK, in reversal, bans Huawei 5G
Calls for ten-nation “club” to build own 5G network The weekly trade report by L.C. There were two important Huawei developments this week. Huawei Chief Financial Officer Meng Wanzhou lost her bid for a Canadian court to halt her extradition to the US, and the UK reversed its earlier decision to allow Huawei to be […]
Trade’s minor player, Congress
The weekly trade report with L.C. Concern is growing nationwide that trade’s minor player, Congress, shouldn’t have let itself be downgraded to its present subordinate position. Article I, Section 8 of the Constitution specifies that “Congress shall have Power…To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes.” Admittedly, […]
USMCA puts US under UN
The Weekly Trade Report – by L.C. The USMCA may move soon to a vote on the Senate floor, but the National Taxpayers Union (NTU) writes that “North American trade policy is too important to rush.” Congressional leaders leading the stampede are behaving like “timeshare salesmen…in trying to create a sense of scarcity and urgency […]
