Commentary In 1796, the first U.S. President George Washington gave an impassioned farewell address. It summed up what he hoped would be U.S. foreign policy as regards both economics and wars. “The great rule of conduct for us in regard to foreign nations,” he said, “is in extending our commercial relations, to have with them…
‘A Fool’s Bargain’—Robert Lighthizer on the US-China Trade Relationship and How to Strategically Decouple
“The economic growth of China is largely a wealth transfer from the United States,” says Robert Lighthizer. “You’re transferring the wealth of our children and grandchildren and their children overseas.” Mr. Lighthizer served as the U.S. Trade Representative in the Trump administration and also served as deputy trade representative in the Reagan administration. In this…
[PREMIERING NOW] ‘A Fool’s Bargain’—Robert Lighthizer on the US-China Trade Relationship and How to Strategically Decouple
“The economic growth of China is largely a wealth transfer from the United States,” says Robert Lighthizer. “You’re transferring the wealth of our children and grandchildren and their children overseas.” Mr. Lighthizer served as the U.S. Trade Representative in the Trump administration and also served as deputy trade representative in the Reagan administration. In this…
[PREMIERING 7:30PM ET] ‘A Fool’s Bargain’—Robert Lighthizer on the US-China Trade Relationship and How to Strategically Decouple
“The economic growth of China is largely a wealth transfer from the United States,” says Robert Lighthizer. “You’re transferring the wealth of our children and grandchildren and their children overseas.” Mr. Lighthizer served as the U.S. Trade Representative in the Trump administration and also served as deputy trade representative in the Reagan administration. In this…
[PREMIERING 7/18, 7:30PM ET] ‘A Fool’s Bargain’—Robert Lighthizer on the US-China Trade Relationship and How to Strategically Decouple
“The economic growth of China is largely a wealth transfer from the United States,” says Robert Lighthizer. “You’re transferring the wealth of our children and grandchildren and their children overseas.” Mr. Lighthizer served as the U.S. Trade Representative in the Trump administration and also served as deputy trade representative in the Reagan administration. In this…
‘Three Amigas’ Meet in Cancun to Review Ongoing Trade Agreement Between Canada, Mexico, US
Three government representatives from North America’s trading partners are in Cancun, Mexico, for two days to discuss trade agreements. Canada’s International Trade Minister Mary Ng is meeting with Mexico’s Economy Secretary Raquel Buenrostro and U.S. Trade Representative Katherine Tai to review the last three years of the U.S.–Mexico–Canada Agreement (CUSMA), a trade agreement between all…
Allies Must Balance ‘Friendshoring’ With Opening Trade: US Chamber of Commerce Head
United States chambers of commerce are pushing Washington and Ottawa to strike the right balance between protecting supply chains and maintaining free trade across the continent. The head of the U.S. Chamber of Commerce, Suzanne Clark, said in a speech this morning in Ottawa that Washington will only make life more expensive and business more…
Removal of Beijing Trade Sanctions Still a Priority for Australian PM
Prime Minister Anthony Albanese has continued publicly calling for Beijing to remove the trade sanctions on Australian exports. “What I’ve said very clearly is that I want to cooperate with China where we can, disagree where we must, but engage in Australia’s national interest. It is in Australia’s interest to be able to export without any…
Trade Panel Sides With Canada and Mexico on Auto Manufacturing Rules
A dispute panel for the free trade agreement in North America has ruled in favour of Canada and Mexico in their interpretation of the rules for the production of automobiles. The dispute pertained to the U.S. having a stricter interpretation of the rules that govern the quantity of parts sourced in North America that must…
US Business Group Calls for ‘Urgent’ Taiwan Free Trade Talks
TAIPEI—The United States should “urgently” start talks with Taiwan on a free trade agreement with the aim to present a completed text for passage in 2024, the American Chamber of Commerce (AmCham) in Taiwan said in an annual policy paper published on Wednesday. Taiwan has long campaigned for such a deal, in what would be…
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