President Trump will impose a 50-percent tariff on steel imports from Turkey calling it “a significant step toward ensuring the viability of the domestic steel industry.” Turkey, of course, did not take this news lying down.
Could protests in Iran over economic issues lead to another Black Friday for Iranians, where the government lashes out and the people overthrow the government?
A demand that the United States is making in the NAFTA talks to raise wages in Mexico is a powerful demonstration that such government-managed trade deals are antagonistic to both free enterprise and national sovereignty.
A Chinese government spokesman urged the U.S. government not to allow President Tsai Ing-wen of the Republic of China (Taiwan) to make stops in the United States.
President Trump’s liquefied natural gas (LNG) deals with Europe could end up being a far bigger slam to Russia’s economy and to Russia’s geopolitical goals than anything done by President Obama or his predecessors to penalize Putin.
The “deal” that President Trump and European Commission President Juncker made had little to do with cutting tariffs and and everything to do with persuading Trump to agree to “reform” the World Trade Organization.
Reacting to pressure from Beijing, major U.S. airlines began removing all references to Taiwan as an independent nation from their websites. The White House calls it “Orwellian nonsense.”