[ad_1] If you want to reduce international trade and foreign relations to chest-beating displays of dominance, sooner or later youâre going to end up fighting about steel. Hard, unbending, corrosion-resistant and essential to making macho artefacts like skyscrapers, cars and armaments, the metal is associated with images of strength. US President Donald Trump echoed that…
[ad_1] On 3 February, both Canada and Mexico were given a 30-day reprieve, with concessions extracted from themâthe beefing up of border patrols to prevent ingress of fentanyl and illegal immigrants. While both Canada and Mexico had threatened retaliatory tariffs, they too have deferred action in the wake of Trumpâs decision to temporarily suspend tariffs…
[ad_1] But Mr Trumpâs most incendiary claims are reserved for China. The Communist Party, he says, âhas subsidised and otherwise incentivised” Chinese firms to âexport fentanyl and related precursor chemicals that are used to produce synthetic opioids sold illicitly in the United States”. China âprovides support to and safe haven for” transnational criminal organisations. As…
[ad_1] The bite of Donald Trumpâs trade policy, many had hoped, would be a whole lot softer than its bark. The US president, it would appear, is not sorry to dash those hopes. Invoking a national emergency, he has imposed tariffsâeffective this weekâof 25% on imports from Canada and Mexico, except for oil and gas…
[ad_1] The Canadian dollar has fallen to a 22-year-low, its weakest since 2003, according to a Bloomberg report. It further noted that the US dollar has surged, and euro and Mexican peso have also taken hits after United States President Donald Trump made good on his threat to impose tariffs on Canada, China and Mexico….
[ad_1] Also Read: Mint Quick Edit | Trumpâs at it again, sending mixed signals This a rudimentary game of âchicken,â which is often referred to in âgame theoryâ made famous by John von Neumann and Oskar Morgenstern. Now, let us put names to the players. A is Donald Trump, who has made his intentions clear….
