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1. Storm clouds on the horizon better than storm clouds overhead

   As 2018 draws to its end, there are dark clouds on the horizon. Interest rate increases spooking the stock market, the continuing trade skirmish between the United States and China (which threatens to become an all-out trade war almost ...

2. Trump administration summons ‘national security’ to justify tariffs

   The Trump administration has justified its tariffs on U.S. imports of steel and aluminum from Canada (and several other countries) on grounds of national security. Under U.S. law, specifically Section 232 of the Trade Adjustment Act of ...

3. Congress resists crony diplomacy—good!

   Even an economist with libertarian tendencies, which I am, thinks there are times when it’s actually reassuring to have a “deep state,” though it would be nice if it weren’t quite so swampy. The Wall Street Journal reports that some ...

4. Your trade war is my export opportunity

   Amazon CEO Jeff Bezos is renowned for saying “your margin is my opportunity.” Canada and other countries may soon be in position to paraphrase Bezos’ iconic boast as an emerging trade war involving the United States and China creates ...

5. Canada’s closer ties to China may strain ties with U.S.

   Prime Minister Trudeau’s recent visit to China promises to strengthen the economic and political relations between Canada and China. Among other things stemming from the visit, the Canadian government announced the signing of 56 business ...