“Free-market ideology must be tempered if we are to create equality, but we must be wary of lapsing back into protectionism. Today’s consumers do not want more and better goods and services for a reasonable price. Rather, they increasingly expect companies to contribute to social welfare and the common good,” says Klaus Schwab, founder and … Read More

Why have the Chinese been allowed to buy American companies and investment property when China limits Americans to owning only their personal residence in China? Americans are allowed to buy stock in Chinese companies, but are denied majority ownership that allow any control. Read the article.

A key factor to understand is that all WTO decisions are made on the basis of consensus. This means the victor should, theoretically, have the complete backing of all 164 members. A successful candidate must therefore earn support from all regions and all levels of prosperity. The big economies like Japan and the U.S. are … Read More

South Korea’s ramped-up efforts to get companies to relocate home from China are failing to gain momentum even as the pandemic and U.S.-China trade tensions highlight the risks of over-reliance on China as a manufacturing base. Only 80 firms out of thousands with links in China have returned part of their operations home since Korea … Read More

“Unfair currency practices can harm U.S. workers and businesses that compete with Vietnamese products that may be artificially lower-priced because of currency undervaluation,” Lighthizer said in a statement. Trade Representative Robert Lighthizer announced the so-called 301 case late Friday in Washington, which will also target the Asian country’s import of illegal timber. Read the article. … Read More

The U.S. has blocked imports of palm oil and palm oil products from Malaysia’s FGV Holdings Bhd., one of the world’s largest producers. Shipments from the company and its subsidiaries will be held back at all ports of entry effective Wednesday, the U.S. Customs and Border Protection said in a statement. The order is based on what … Read More

The USTR will request the International Trade Commission to initiate a Section 201 global safeguard investigation into the extent to which increased imports of blueberries have caused serious injury to domestic blueberry growers. In addition, USTR will pursue senior level government discussions with Mexico over the next 90 days to address U.S. industry concerns regarding … Read More

I will be a guest on CSC Talk Radio on October 8, 2020 from 10:19 am – 10:44 CST to discuss Buying American and my new book “UNCONSTITUTIONAL: Our Founding Fathers Rejected FREE TRADE And So Should We.” CSC (Common Sense Conversation) Radio can be heard live online at CSC Talk Radio, on podcast, as … Read More

In 2019, U.S. trade officials rejected Tesla’s request for relief on 25% tariffs on the Model 3′s car computer and screen, arguing that the parts use technologies strategically important to Chinese national security programs. Tesla said that the affected parts are the “brain” of its autopilot system. Read the article.

New Conservative Leader Erin O’Toole says his plan for a “Canada First” economic strategy would prioritize the needs of working families and take a harder line against China in international affairs. “We have to put Canadian working families first,” O’Toole said. “I’m going to do that, from trade to our own domestic economic response post-COVID.” … Read More