Business Trade United States

Why Trump’s Threat to Slap Tariffs on Foreign Steel is a Bad Idea

Washington (The Conversation) – During the 2016 presidential campaign, Donald Trump attracted a lot of support by promising to restore jobs to the American manufacturing sector. One sector that has been hit hard by purportedly unfair foreign competition is the U.S. steel industry. It supported as many as 650,000 American workers in the 1950s yet now employs only about 140,000. In order to […]

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Asia Business China Europe Germany Trade

Trump’s Missteps Cause China and Germany to Forge Stronger Economic Ties

Berlin (GPA) – US President Donald Trump’s increasingly protectionist trade policy is paving the way for a “new phase” in global relations according to Chinese President Xi Jinping. This morning a meeting to place between President Xi and German Chancellor Angela Merkel at the opening of a garden in the Berlin Zoo. Despite the unique setting, the […]

heckler & koch
Business Europe Germany NATO Trade

Heckler & Koch Will Stop Arming ‘Undemocratic and Corrupt’ Countries

(GPA) Oberndorf, Germany – German arms manufacturer Heckler & Koch has announced they’ll no longer be supplying weapons to countries they deem “undemocratic and corrupt,” many of the countries that fit this criteria are US allies. The primary countries who will lose access to the variety of pistols, rifles and submachine guns produced by the […]

Africa Americas Asia Business China India Pacific Islands Philippines South China Sea Trade United States

After Death of TPP, China Makes Moves to Dominate Asia With New Trade Pacts

(GPA) Lima – For all the horrible chapters and faults of the Trans Pacific Partnership (TPP), it seems President Obama was right about one thing – without the trade pact, southeast Asian countries are now looking to China for economic opportunity. This past week at the Asia-Pacific Economic Cooperation (APEC) summit in Peru, Barrack Obama spent […]