No, we are not in the midst of a trade war. A trade scuffle, surely. But not a war. At least not yet. Yes, President Trump has imposed tariffs on steel and aluminium imports from Canada, Mexico, and the European Union. Canada will be the hardest hit: America accounts for 90 percent of its steel […]
US-China Trade Negotiations Continue Talks are going on between the US and China in Washington, to try to avoid a full-blown trade war. “Be cool,” President Trump tweeted the other day. “It will all work out”. But how, exactly? The BBC’s Mike Johnson asked our regular commentator, the American economist Irwin Stelzer of the Hudson […]
For over a decade there has been a trade war between China and America, with America playing the role of passive victim. China has required American firms investing in its country to take on a Chinese partner and turn over their technology, which it agreed not to do when it joined the World Trade Organization. […]
This is Trade War I. The main event is going to be the Second Trade War. “I will do such things, what they are yet I know not, but they shall be the terrors of the earth.” To King Lear’s threat Donald Trump would add, “Maybe.” That describes what is going on in his confrontation […]
Is the world on the brink of a trade war? The United States and China have been firing verbal shots at each other, after the US threatened tariffs on $60 billion worth of Chinese imports. So is the world is on the brink of a new trade war? American economist Irwin Stelzer of the Hudson […]
The free trader will have to move carefully with the president. “Misery acquaints a man with strange bedfellows,” wrote Shakespeare. Although the odds that President Trump was reminded of that observation when re-reading The Tempest must be regarded as low, they are somewhat higher that he might at one time have stumbled across the modern […]
US’s economic adviser ‘lost trade battle’ After President Donald Trump imposed tariffs on imports of aluminium and steel, his economic adviser Gary Cohn resigned. We speak to economist Irwin Stelzer from the Hudson Institute in Washington to ask about disagreement in President Trump’s inner circle.
The Nationalists Take Over The tariffs turn out to be more “flexible” that people thought, but that may just be the beginning. Irwin Stelzer www.irwinstelzer.com 3/12/18 Treasury Secretary Steven Mnuchin_ Commerce Secretary Wilbur Ross_ U.S. Trade Representative Robert Lighthizer and White House National Trade Council Director Peter Navarro at the tariff signing ceremony on March […]
The tariffs turn out to be more “flexible” that people thought, but that may just be the beginning. Moving forward while backing down is no small feat. But the president managed it last week. On live TV. Donald Trump pushed ahead with plans to impose tariffs of 25 percent on steel and 10 percent on […]
“Trump has no choice but to take hard line on China” Our regular commentator Irwin Stelzer of the Hudson Institute in Washington DC says Mr Trump now has no choice but to take a hard line on China, given Beijing’s reluctance to use its influence on North Korea.