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Now, a Trade War — Is a Shooting War Next?

August 8, 2017

Now, a Trade War — Is a Shooting War Next? A popular thesis since the 1930s is that a natural progression exists from currency wars to trade wars to shooting wars. Both history and analysis support this thesis. Currency wars do not exist all the time; they arise under certain conditions and persist until there […]

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Russian PM: “The U.S. Just Declared Full-Scale Trade War On Russia”

August 3, 2017

Russian PM: “The U.S. Just Declared Full-Scale Trade War On Russia” Several hours after President Trump officially signed the new Russian sanctions into law – despite his reservations and his statement that while he favors “tough measures to punish and deter aggressive and destabilizing behavior by Iran, North Korea, and Russia, this legislation is significantly […]

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An Angry Beijing Responds: “We Will Never Dance To Trump’s Tune”

August 3, 2017

An Angry Beijing Responds: “We Will Never Dance To Trump’s Tune” With just one day to go until the Trump administration launches the first salvo in what could develop into a full-scale trade war between the US and China, there is the issue of a diplomatic (hopefully) resolution of escalating situation in North Korea, one […]

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China Furious After US Launches Trade War “Nuke” With 522% Duty

May 19, 2016

China Furious After US Launches Trade War “Nuke” With 522% Duty Now that China’s brief infatuation with “rationalizing” excess capacity in its massively glutted (and insolvent) steel sector is over after lasting all of 2-3 months, China is back to doing what it did in late 2015 (and what it has always done) when as […]

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The Trade Wars Begin: China Retaliates To Steel Tariffs With Global Anti-Dumping Duties

April 1, 2016

The Trade Wars Begin: China Retaliates To Steel Tariffs With Global Anti-Dumping Duties  When looking back in history, December 23, 2015 may be the date the global trade wars officially began. On that day, as we reported at the time, the U.S. imposed a 256% tariff on Chinese steel imports. It did so perhaps with […]

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Is A Gas War Between The U.S. And Canada About To Start?

March 30, 2016

Is A Gas War Between The U.S. And Canada About To Start? The United States and Canada work well together. The countries share the world’s largest and most comprehensive trade relationship, exchanging more than $2 billion per day in goods and services; the U.S. is Canada’s largest foreign investor and Canada is the third-largest foreign investor in […]

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Canadian Government ‘Optimistic’ Trade War With U.S. Averted

February 5, 2015

Canadian Government ‘Optimistic’ Trade War With U.S. Averted WASHINGTON – The Canadian government is expressing optimism that a trade war might be averted with the United States in a long-standing dispute over agricultural products. Agriculture Minister Gerry Ritz says he likes what he heard this week during a trip to Washington, and senses a willingness […]

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