Category Archives: trade

Could the July 25 Trump-Juncker Trade Agreement Work?

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August 8, 2018  ––  President Trump and European Commission President Juncker, in the Rose Garden July 25, announced EU-US trade negotiations.  Here are my answers to questions on the negotiations, in the event they actually take place. 

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Protectionism is Nothing New for Republicans

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June 16, 2018 — Critics of President Trump’s aggressive trade policy have mostly gotten it right.  His tariffs cause economic damage at home – raising the cost of living for American consumers, hurting industry, and taking foreign sales away from farmers and other exporters.   Moreover the threats have been deployed erratically across trading partners and across time in ways that seem calculated to discourage cooperation with the US and rather to isolate the hitherto leader of the free world from even its closest allies. read more

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The “G-6 vs. 1” Summit

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June 8, 2018 —  I did an interview today as the G-7 Leaders Summit got underway in Canada.

In the video at BNN Bloomberg, I said I thought that if Trump’s tariffs are met with united and calibrated retaliation, he might eventually have to back down.

Here are the questions they sent me ahead of time and my responses,  

– Q:  Ideally – what do you want to see come from the Group of 7 leaders’ meeting that starts today in Canada?

– A:

  • If we were truly talking about an ideal world, one would aspire to progress on the issues that the Canadian hosts plan to talk about: environment, inclusive growth, equality, etc.
  • Closer to the real world, one would ideally see the G-7 cooperating to form a common front regarding economic issues with China (reduction of excess steel capacity & enforcement of IPRs) or geopolitical issues (esp. vis-a-vis North Korea & Iran & Russia).
  • This meeting will accomplish no such G-7 cooperation, and to the contrary will almost certainly go down in history as the “G-6 vs. 1” meeting.
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