In The News

New York Law Journal: Trump’s Lawyer Pleads Guilty

Colby Hamilton November 30, 2018
Donald Trump’s former attorney pleaded guilty to lying to US Congress about Donald Trump’s attempts to secure a Russian real estate deal during the US presidential campaign. Michael Cohen is cooperating with the investigation by Special Counsel Robert Mueller on Russian meddling in the US presidential election. Cohen admitted to considering plans for him and Trump to travel to Russia and...

Project Syndicate: Impact of Chinese Recession

Kenneth Rogoff November 9, 2018
Economic recession, spurred by protectionist policies, is inevitable for China. Kenneth Rogoff, writing for Project Syndicate, rejects economic analysis suggesting that much of China’s problems could be regionally contained and argues that the China’s problems would quickly spread to international capital markets with so many foreign firms earning profits in Chinese markets. Asia’s high saving...

Financial Times: World Fears “Trumpism” Is Here to Stay

Gideon Rachman November 6, 2018
Global observers view the outcome of US midterm elections as a test of the durability of Donald Trump’s policies. “If the Republicans do well, then many will conclude that ‘Trumpism’ is here to stay,” explains Gideon Rachman for the Financial Times. “The rest of the world would have to make a long-term adjustment to an America that is highly protectionist and suspicious of treaties on principle...

Bloomberg: Nafta’s China Clause

Josh Wingrove October 10, 2018
After much fanfare about scrapping the North America Free Trade Agreement, US President Donald Trump reached a new deal with neighbors called the US-Mexico-Canada Agreement. A new clause stipulates that if members of the North American pact reach a trade deal with a non-market economy then they would be ineligible for some USMCA benefits. Given Trump’s fiery rhetoric about launching a trade war...

Globe and Mail: Freeland, Warrior Princess

Margaret Wente October 2, 2018
Canada reflects on its relationship with the United States and the behavior of its own leaders after tough negotiations with the Trump administration. Chrystia Freeland is listed among the winners after the negotiations for managing to complete a deal and promote Canada’s world view – Freeland had initially proposed chapters on the environment, gender, indigenous communities and an end to US anti...

Reuters: US, Mexico Reach NAFTA Deal; Pressure on Canada

Roberta Rampton and Jeff Mason August 27, 2018
The United States reached agreement on revising the North American Free Trade Agreement, and Reuters reports that puts “pressure on Canada to agree to new terms on auto trade and dispute settlement rules to remain part of the three-nation pact.” The US president said he could put tariffs on Canada if the nation does not join the agreement. The three countries conduct more than $1 trillion in...

Project Syndicate: Trump’s Sugar Swamp

Jeffrey Frankel June 29, 2017
In a prelude to renegotiation of the North American Free Trade Agreement that US President Trump promised on the campaign trail, Secretary of Commerce Wilbur Ross recently concluded a deal with Mexico over sugar production. The sugar industry, however, still wants stricter protections from imported Mexican sugar when negotiations begin. In Project Syndicate, Jeffrey Frankel argues that the...