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World Trade

Trump’s National Security Claims for Autos

Toyota has criticized President Donald Trump’s decision to declare some auto sector imports a national security threat. They say it sends a message that...

Understanding How Free Trade is Circumvented

QUESTION: Hi Martin, I just read your blog on the new NAFTA. One important point that you missed is the control the new agreement gives to the US over Canada in...

The US Mexico & Canada Trade Deal Replaces NAFTA

The new Trade Agreement between Mexico and Canada (USMCA) and the United States over which Trump has been so criticized for was obviously necessary from a number of...

Trump Threatens to Cancel NAFTA If Congress Interferes

QUESTION: Mr. Armstrong; Do you agree with Trump that if he canceled NAFTA, the United States would be better off? SN ANSWER: Ironically – YES from a jobs...

Trump & the Trade War

People really think we have free trade and somehow Trump is reversing that fact. This, of course, is how the press has portrayed the issue, but that is just far...

IMF Criticizes Germany for its Chronic Trade Surplus?

QUESTION: Mr. Armstrong; I know you say you do not advise the IMF. But whatever you write, they follow and repeat. So they are following your blog at least and they...

World Trade & Who Needs the Flash Cards?

  The Independent reported that an EU Official said that Juncker used ‘‘brightly coloured, simple flashcards” to explain trade to Trump during...

Trade Wars & Rising Interest Rates – The Top Concerns of Fund Managers

The interesting fact is that the majority of fund managers today have reduced their equity allocation to their lowest level since November 2016 according to...

NATO Meeting Fire & Fury Trump Converts NATO to Trade Summit

  Perhaps the most interesting observation of how Trump handles negotiations is that he approaches them as a businessman rather than a politician. He certainly...

Trade War with China

QUESTION: What is your “opinion” on the Trump tariffs dispute with China? ANSWER: Years ago, an old friend from high school was in the...