The work of solving the problems posed by the Iranian regime (which the Prime Minister openly acknowledges) is left solely to the United States and Israel with traditional allies, international organizations, and the UN sitting on the sidelines angry that they weren’t consulted or plotting to see the United States fail. Well, I’m happy they are speaking out now… hopefully the rest of the world will erect trade barriers to Chinese goods and we will take the necessary step of ejecting the PRC from the WTO (or simply shuttering the WTO and building a GATT 2.0 that excludes the PRC and the Russian Federation). However, by comparing the impact of the various tariff rates faced by Chinese goods in the U.S. with changes in imports of those goods elsewhere, the ECB’s economists concluded that there was little evidence of trade being diverted to the eurozone, although they did find some signs of diversion to Africa and countries in the Association of Southeast Asian Nations.
Author: March 2, 2026
Published at: 2026-03-02 00:00:00
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