The U.S. is “not in a position to offer anything in return” to Mexico and Canada in the NAFTA renegotiation talks, Commerce Secretary Wilbur Ross said on Wednesday – calling the U.S. approach a “tough sell.” [Daily News | October 26, 2017 | Inside US Trade] In brief remarks on CNBC, Ross was asked about the…
Last week China’s President Xi Jinping gave a 3 ½ hour speech at China’s Communist Party Congress. While some American commentators say China is becoming more like the west, Xi declared, on the contrary, that China is rising quickly to world superpower status, capable of challenging the US economically, politically, and, by 2050 militarily, too.…
President Trump told Republican senators in private on Tuesday he believes the U.S. must trigger a withdrawal from NAFTA to move Canada and Mexico to negotiate more seriously, adding that they should “trust” him to get a better deal, multiple senators told Inside U.S. Trade. [Jenny Leonard | October 25, 2017 | Inside US Trade] “The…