The Franco German uncouple for EU’s trade policy

The same Der Spiegel piece puts some perspective into EU’s functioning, relations between France and Germany, all applied to trade policy and US: That, though, is easier said than done. After all, it was the German government that sought to find some form of compromise with the Americans against the will of France and others. The offer presented…… Continue reading The Franco German uncouple for EU’s trade policy

World Trade War : US and China trading threats

So in the end, the US tariffs announced for June 15 on $50bn Chinese imports were postponed for July 6 and include mostly goods containing “industrially significant technologies”. China did not lost time and replied within hours with a tit-for-tat own list targeting especially agricultural US products. As if all this was not enough, on Monday, June…… Continue reading World Trade War : US and China trading threats

Global Trade War : German Cars

Slapping tariffs on steel and aluminium under National Security provisions is one thing; but cars ? Restricting car imports into the US through the same Section 262 ? The investigation is under way in the Commerce Department, and it seems to be forced into resolve for the November midterm elections. The U.S. auto industry, composed…… Continue reading Global Trade War : German Cars

Chinese Economic Engineering : foreign currency

The last known number of Chinese US Treasuries was $ 1.19 tn. It was speculated that they could be used as a “nuclear option” in the current US China trade war. Wrongly, it appears, because no matter what, the US Treasuries are the most liquid and secure place to invest the huge pile of Chinese dollars.…… Continue reading Chinese Economic Engineering : foreign currency

World Trade War : US duties on Chinese imports ?

Today, according to the previous schedule, the US should slap supra-taxes on Chinese imports worth $50bn. It remains to be seen if things are going according to the schedule, or new negotiations are in view. This should also be an opportunity to see more clearly through the intricacies of US trade policy, rather dazzling until…… Continue reading World Trade War : US duties on Chinese imports ?

Time for EU to stand up and fight ?

Mark Leonard, head of the European Council of Foreign Relations. And British.   Skeptics will say it’s highly unlikely the EU will risk putting itself on a collision course with Washington. Europeans still heavily depend on the U.S. when it comes to security, and many of the Continent’s leaders are attached to a status-quo that allows them…… Continue reading Time for EU to stand up and fight ?