“How Brazil Can Become An Economic Powerhouse” By Lorenzo Montanari, ATR, courtesy of Libertad y Progreso In only one year Brazil President Jair Bolsonaro has been able to revert 13 years of socialist policies which were implemented by the previous leftist presidents Lula and Dilma. His accomplishments include passing important free-market reforms such […]
Tag: USMCA
USMCA: A victory for American workers, needlessly delayed by petty politics
By Andy Blom, TES Washington Editor On Wednesday. January 29th, President Donald Trump signed the United States-Mexico-Canada Trade Agreement (USMCA) into law, at long last replacing the outdated North American Free Trade Agreement (NAFTA). Trump called it “…the largest, most significant, modern, and balanced trade agreement in history. All of our countries […]
Weekly Update: Hungary’s Economic Miracle
Hungary has economic virtues along with its much-discussed vices There’s a lot to be concerned about in Hungary, currently on the outs with other members of the EU because of Prime Minister Viktor Orban’s praise for “illiberal democracy,” prompting allegations that his government has strong-armed the news media and stacked the courts. These […]
Epic Fail: Trump’s trade policy in a nutshell
“Trump’s Trade Policy Has Produced Damaging Tariffs but Little Else” By Daniel Griswold, courtesy of the Mercatus Center Americans are about to enter the third full year of President Donald Trump’s aggressive tariff regime, which aims to promote US manufacturing, protect key industries, and prompt other nations to reduce their trade barriers. So, […]
How should small countries navigate a “tripolar” world?
“The political dimension of a Swiss-US trade agreement” By Jennifer Anthamatten and Patrick Dümmler, courtesy of Avenir Suisse In the last two decades, global trade flows have shifted markedly, and the current geopolitical structure is in transition. The time in which there was an undisputed hegemon seems to be ending. Instead, a future […]
TES Weekly Update: Trump takes the keys back from California
And it will save American car buyers thousands of dollars… Donald Trump’s move to revoke the waiver that allowed California to set its own vehicle fuel efficiency and emissions standards generated an entirely predictable wave of self-righteous indignation from the left, who portray it as an act of federal eco-tyranny, suddenly rediscovering their love […]
Trade War – DEFCON 2
By David Nelson, CFA CMT, TES Contributor Friday brought the curtain down on the market’s first negative month of the year and its first down May since 2012. From the President’s first tweet that China was backtracking on commitments already made to late Thursday’s announcement that the administration was putting a […]
Here we owe again: Trump threatens Mexico tariffs over immigration
Apparently tariffs are like duct tape: there’s nothing they can’t do. With that in mind Donald Trump is going to try to use tariffs – specifically a 5% tariff on all U.S. imports from Mexico, due to take effect June 10 – in order to force the Mexican government to somehow stop illegal […]
Something good actually happened: Trump lifts tariffs on Mexico, Canada
Free trade supporters and internationalists got a glimmer of hope this week with U.S. President Donald Trump’s decision to lift tariffs on steel and aluminum from Mexico and Canada. So will the rest of the world please start making sense now? We can only hope! Trump originally imposed the tariffs in […]
North America trade harmony would bolster U.S. in China trade war
TES GeoPolicy Editor Daniel McGroarty, a former White House staffer and congressional expert on resource and defense issues, argues in The Hill that a return to harmony in North American trade pacts would strengthen Donald Trump’s hand in ongoing U.S.-China trade talks. It also puts the U.S. in a better position to handle […]