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Trade Policy

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BRUSSELS (AP) — European Union leaders on Thursday offered new incentives to Turkey to improve cooperation on migration and trade despite democratic backsliding in the country and lingering concerns about its energy ambitions in the Mediterranean Sea.

DUBAI, United Arab Emirates (AP) — Dubai-based port operator DP World announced Thursday its profits slid 29% in 2020 from the previous year to $846 million, as the coronavirus pandemic froze supply chains and upended the world’s trade flows.

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BRUSSELS (AP) — The European Union’s chief executive warned Wednesday that the EU would not hesitate to take action, including possible export restrictions, to ensure it receives the supplies of coronavirus vaccines the 27-nation bloc was promised.

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MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador demanded an investigation Friday into judges who have temporarily blocked the implementation of his plan to favor older, dirtier government power plants over renewable and gas-fired facilities built in many cases by foreign firms.

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Some McDonald’s workers vote to hold one-day strike over sexual harassment

Trump's trade policies will raise the prices that Americans pay for what they buy. They will reduce the competitiveness of the U.S. economy. They will succeed where our traditional adversaries have failed in uniting much of the rest of the world in opposition to us. They will reduce our legitimacy and power by demonstrating our lack of competence. The sooner they are radically revised, the better off the United States and the rest of the world will be.

Yesterday’s conventional wisdom: A wave of insurgent populism is sweeping the West, threatening its foundational institutions — the European Union, the Western alliance, even liberal democracy itself.

Trump promised to pull the United States out of the North American Free Trade Agreement if it isn't renegotiated, and to kill the Trans-Pacific Partnership. He intends to label China a currency manipulator. If countries such as Mexico and China don't rewrite their trade agreements with the United States, Trump said, he would “use every lawful presidential power to remedy trade disputes, including the application of tariffs …”

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