Tag Archives: Tariffs

G7 Summit: In open dissent

Commentators have spoken and written reams regarding U.S. President Trump’s imposition of tariffs, his refusal to sign a new NAFTA deal and the Mafia-style language used at the G7 Summit in Quebec. The incoherence masks the crisis in the G7 and the substance of the neo-liberal Summit | German-foreign-policy.com commentary

BERLIN (June 11 – The G7 summit in La Malbaie, Canada, ended in open dissent on Saturday without a joint final declaration. After the G7 state and government leaders had already agreed on a joint statement, US President Donald Trump withdrew his endorsement. The document is still supported by the other six G7 states and is occasionally referred to as the “G6” declaration, to point out the deep rift in the traditional West. Continue reading

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Germany: Export world champion under pressure

BERLIN (April 20) – With intense shuttle diplomacy, members of the German government are seeking to avert the impending US punitive tariffs on European goods and the loss of access to the important US market. Continue reading

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International trade as a weapon of exploitation, chauvinism and war

Necessity for a new direction for international trade | K.C. ADAMS

In March, the U.S. government suddenly announced tariffs on $60 billion worth of Chinese exports to the U.S. and threatened even more. China has now retaliated with tariffs of its own against certain U.S. exports. Whatever the reasoning for these tariffs, the sudden imposition seriously disrupts the working lives of those involved in producing those goods in both China and the U.S. and those using the commodities either as a means of further production or articles of consumption. Modern industrial mass production cannot simply be turned on or off with the flick of a switch without causing widespread pain. This is no way to conduct economic relations among the peoples of the world. Continue reading

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