By Daniel McGroarty, TES GeoPolicy Editor “There is also something fundamentally wrong with the interim deal… That arrangement boosts America’s sale of primary products, a badge of a basic economy, at the cost of ceding high-tech leadership.” That’s the closing note in […]
Tag: trade war
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 […]
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 […]