The Trump administration’s decision to levy $7.5 billion in tariffs on European goods, officially sanctioned by the WTO following its judgment in favor of Boeing in a trade dispute over European subsidies to Airbus, will not go unanswered, according to German foreign affairs minister […]
Tag: Trade
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 […]
Trump tariffs are HURTING – not helping – U.S. steelmakers
There’s sublime irony and then there’s just shooting yourself in the damn foot. The impact of the tariffs imposed by President Donald Trump on foreign steel comes closer to the second category, considering that they are directly harming the very U.S. […]
Beware Chinese Bearing Wicked Fast Streaming 5G
By Dan McGroarty, TES GeoPolicy Editor With China’s October 1 celebrations of the 70thAnniversary of the Communist Party’s rise to power just hours away, make time for this Gordon Chang must-read, from the Gatestone Institute: Huawei Wants the World’s Next Trojan Horse to Be Chinese. […]
British business confidence going down the tubes
Political chaos is rarely good for business, and the febrile atmosphere prevailing in Parliament as the UK prepares to (maybe) exit the EU on October 31 is no exception. With massive uncertainty hanging over the country about Brexit, including what form it will […]
U.S.-Japan trade deal is a good start, at best
The U.S. and Japan signed a new trade deal on September 25, which certainly counts as good news in today’s fraught trade and diplomatic environment, more often characterized by tariffs and spurious reasoning. However the first phase of the U.S.-Japan deal is at […]
Don’t worry about Serbia’s trade deals — democracy and rule of law are more pressing concerns
By Mihailo Gajic, Head of Research, LIBEK & TES Contributor On October 25th, Serbia will sign a trade deal with the Eurasian Economic Union (EEU), a Russian-backed trade federation — a mostly symbolic move which has however led to a widespread, and totally erroneous, belief that Serbia actually intends to […]
Don’t hold your breath for EU trade carveouts, unless dying sounds fun
Brexiters still hoping the EU will somehow grant the post-Brexit UK special exemptions from its common regulations governing foreign trade are in for more disappointment, warns FT columnist Wolfgang Münchau. That rules out the possibility of a “Canada-style” trade deal which […]
Ex-Im “Reform” Documents Look Like More of the Same Crony Capitalism
By Veronique de Rugy, Senior Research Fellow, Courtesy of Mercatus Center It has been disheartening, though not completely surprising, to watch the Republican party move from being the driving force behind terminating the crony capitalist agency known as the Export-Import Bank to a party […]
More Trump tariffs coming for Europe?
A longstanding trade dispute between the U.S. and EU predates Donald Trump’s presidency — but he’ll be more than happy to roll out another round of tariffs in response, Politico reports. That’s the upshot of European Commissioner for Trade Cecilia Malmström’s warning to EU […]