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‘Six months’ notice’ and The Art of the Squeeze
Brian Mulroney: Mr. Turner, with a document that is cancellable on six months’ notice? Be serious… Please, be serious. John Turner: Well I have never been more serious in my life. Brian Mulroney: Please, please. That was the final ...
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Steel, aluminum, tablecloths and NAFTA
What do steel and tablecloths have in common? They are now products that are part of a dollar-for-dollar tariff war between the United States and Canada. They are also canaries in the NAFTA coal mine, signalling that the oxygen has ...
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Shrinking U.S. trade deficit likely bad news for U.S. trading partners
Ordinarily, official announcements of the monthly U.S. trade deficit get minimal attention from the media. Not so for the recent announcement by the U.S. Commerce Department of the March 2018 U.S. trade deficit. Numerous media reports ...
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William Watson: The last protectionist businessman-president also did walls—it ended badly
Thanks to the miracle of Internet word search—and it really is a miracle, isn’t it?—I learn that the United States’ first businessman-protectionist also made speeches about Mexico and walls. It didn’t end well. In Des Moines, in his home ...