Editor’s note: This is a positive development. WASHINGTON—President Trump has named U.S. Trade Representative Robert Lighthizer, a hard-liner on China, to head trade negotiations with Beijing following a weekend summitwith Chinese President Xi Jinping, people familiar with the decision said. [ Bob Davis and Vivian Salama | December 3, 2018 | WSJ] The president informed Mr. Xi of his…
Excerpt: Many of the people who contributed to the report are prominent scholars with a deep affection for China who held out hope that its government would liberalize. Their disillusionment represents a shift in the debate over the trajectory of U.S.-China relations. More hawkish administration officials and advisers said they saw the report as evidence the U.S. China-policy establishment is…
Editor’s note: CPA believed it was likely that President Trump would terminate NAFTA as he sought approval for the US-Mexico-Canada Agreement. This article confirms our belief. Doing so significantly increases the odds for passage. CPA has taken no position on the USMCA at this time. The president on Saturday made official what has long been…
Trump-Xi deal understandable, but meaningful action doubtful Washington. President Trump met with Chinese President Xi Xinping at the G20 this past weekend. The two leaders forged a preliminary agreement to delay a planned January increase in US Section 301 tariffs—which were set to rise from 10 percent to 25 percent on $200B of Chinese imports. The Coalition for…
Editor’s note: It is very important to fix the noncompetitive dollar. The economic surge for farmers, ranchers, workers and manufacturers would be very large. It made for heavy news this week. General Motors announced plans to cease production at five plants that could lead to roughly 14,700 layoffs by the end of 2019. GM shutdowns will hit hardest in industrial states like…
