Recent Posts

Trump is right to confront China’s postal subsidy

President Donald Trump has been known to exaggerate what he sees as China’s unfair advantages in trade with the US, and to unproductively escalate tensions between the two countries. But with his latest complaint, having to do with the seemingly trivial matter of global postal fees, Trump has highlighted an unfair imbalance between the two nations that should be relatively ...

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Trump offers Brexiters a big trade-shaped gift

US Trade Representative Robert Lighthizer has sent a gift to Brexit supporters. His letter notifying Congress that the Trump administration plans to seek a “cutting-edge” free-trade deal with the UK was music to the ears of those who have long argued that leaving the European Union will allow Britain to pursue an ambitious policy of bilateral trade deals. Getting such ...

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China’s machine makers look for a scapegoat

For all the talk of China’s industrial ambitions and trappings of dominance, the truth is its companies can’t keep up with the competition. China’s Ministry of Commerce opened an anti-dumping investigation into Japanese and Taiwanese exporters of vertical-machine centers – core-equipment manufacturing facilities for autos and other high-tech processes – after complaints by a group of Chinese companies. The probe ...

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