Germany is using its size and wealth to compel its Eurozone partners to take a hard line toward Greece but in the end, Germany has much to lose by forcing the Aegean nation to choose between more austerity and dumping the euro. [ by Peter Morici | July 7, 2015 ] Merkel’s government has…
With Europe trying to contain the crisis in Greece and China attempting to limit the fallout from collapsing stock prices, the U.S. may be in for a bit of trade trouble. [by Justin Lahart | July 6, 2015 | WSJ] The Commerce Department will report May international trade figures Tuesday, and with the…
Updated: Trans-Pacific Partnership (TPP) trade ministers are set to meet for two days beginning July 28 in Maui, Hawaii, to try and hammer out a deal, following several days of meetings there between chief negotiators, according to informed sources. Another source gave slightly different dates for the ministerial meeting, saying it would last four…
U.S. Trade Representative Michael Froman on Wednesday (July 1) made clear he does not view the lack of a bilateral market access deal with Japan as an obstacle to making progress on the other outstanding issues in the Trans-Pacific Partnership (TPP) negotiations, which he identified as those relating to agricultural market access with Canada, intellectual…