North America | Featured Articles

Trade Casualties Mount: A New Strategy Is Required To Change Chinese Behavior
World | Friday, August 03, 2018

Trade casualties are mounting in both the United States and abroad as President Trump’s tariffs against imports from China, as well as from our allies, begin to be felt. Earlier we reported that U.S. steel producing industries, which employ approximately 140,000 workers, likely would benefit at the expense of the much greater U.S. steel-using industries, which employ 5.5 to 6.5 million U.S. workers. But recent reports indicate that even these U.S. steel producers are experiencing new difficulties as a result of the tariffs.

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A Temporary Respite From U.S.-EU Trade Tensions
Trade & Finance | Friday, July 27, 2018

On June 26, European Commission President Jean-Claude Juncker met with President Trump at the White House to talk about trade. Afterwards, to the surprise of many (including me), they held a press conference at which they said positive things about the U.S.-EU trade relationship. Then later, President Trump had five positive tweets about the meeting. It was more amicable than anything we’ve seen in U.S. trade policy for many months.

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Trump’s Auto Tariffs Are an Attack on the Rule of Law
Manufacturing | Friday, May 25, 2018

The claim that imported automobiles might represent some sort of threat to U.S. national security hardly merits even a moment’s thought, much less a formal inquiry. To President Trump — who has requested his Commerce Department investigate precisely this question — the inquiry provides a distraction from his mounting legal woes and, perhaps, the opportunity to secure some leverage in the ongoing North American Free Trade Agreement renegotiations.

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The Coming Trade War?
Economy | Saturday, April 28, 2018

Donald Trump was not the first U.S. presidential candidate to blame foreigners and their trade practices for America’s real and imagined economic woes. That is a time-honored tradition of U.S. electoral politics. But Trump is the first president — at least since Congress began delegating parts of its trade policymaking authority to the executive branch a century ago — to actually believe that protectionism will make America great. That alone makes trade war likely. Add a heaping sense of nationalist grievance and trade war appears imminent.

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China and the United States Need a Free Trade Agreement
Trade & Finance | Monday, April 09, 2018

President Trump’s recent decision to impose tariffs on imports of steel and aluminum was met with Chinese tariffs on U.S. products and agricultural goods. In turn, this has escalated with each country identifying additional barriers to trade. To prevent a damaging trade war, and for our mutual long-term benefit, the United States and China need to negotiate a free trade agreement.

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Why President Trump's Steel Tariffs Are Dangerous
Labor | Wednesday, March 07, 2018

Last week President Trump announced that he’ll impose tariffs on imported steel and aluminum of 25 percent and 10 percent, respectively. Since the U.S. steel industry has suffered over the last few decades, this action might seem like a good idea — but is it? Here’s the reality. This action will punish American workers, invite retaliation — most likely against agricultural products from our Midwest — and harm U.S. exports.

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Cooler Heads Must Prevail in NAFTA Negotiations
World | Saturday, February 17, 2018

The Council on Foreign Relations points out that as a result of The North American Free Trade Agreement (NAFTA) regional trade increased sharply over the treaty’s first two decades, “from roughly $290 billion in 1993 to more than $1.1 trillion in 2016. Cross-border investment has also surged, with U.S. foreign direct investment (FDI) stock in Mexico increasing in that period from $15 billion to more than $100 billion.”

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Has Trump Evolved on Trade?
Politics | Friday, February 16, 2018

On the campaign trail and into the first year of his presidency, Donald Trump has been a walking, talking billboard for protectionist nationalism. He promised 45 percent tariffs on imports from China, 35 percent levies on imports from Mexico, a requirement that U.S. oil and gas pipelines use only American steel, and the closure of “loopholes” in our Buy American laws to ensure that only U.S. goods and American workers are eligible for federal procurement projects.

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Ten Essential Strategies for Achieving International Success
Strategies | Thursday, January 25, 2018

When exporting, importing, investing abroad or establishing strategic alliances with foreign producers, it’s critical to understand the hidden risks. If not, an unethical supplier can result in endless lawsuits and poor market opportunities can generate tremendous losses. On the other hand, correctly grasping foreign market wants, needs and abilities can lead to great success. To make your job easier, consider the following factors.

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Trump on Trade: Here's What He Needs to Do in 2018
Trade & Finance | Wednesday, January 10, 2018

2017 was a lost year for U.S. trade policy. We took several steps backwards and none forward. The losses started in January with the U.S. withdrawal from the Trans Pacific Partnership, a trade agreement with 11 other nations that had been negotiated by the Obama administration, but not yet signed into law by Congress. Rather than suggest any improvements, the Trump administration abandoned the agreement entirely.

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