By Phil Eskeland Seventh wedding anniversaries are oftentimes overlooked. It is not as glamorous as a 25th silver or 50th golden anniversary. Gifts associated with a seventh year wedding anniversary in the U.S. are items made either out of copper or wool; a far cry from precious stones linked with other momentous anniversaries. Nevertheless, on…
March 15, 2019
By Phil Eskeland Last Friday, an appellate body with the World Trade Organization (WTO) authorized South Korea to levy $85 million in tariffs on U.S. products as compensation for the improper way the U.S. calculated higher import duties on Korean-made large residential washing machines. While the sanctioned indemnity is not as large as Korea initially…
February 13, 2019
By Phil Eskeland Yesterday, the U.S. Senate voted by a wide bipartisan margin for an amendment expressing opposition to a precipitous withdrawal of U.S. forces from Syria and Afghanistan. Nearly every Republican Senator and more than half of the Senate Democratic Conference supported this amendment. This vote comes after confusing pronouncements from the Trump Administration…
February 1, 2019
By Phil Eskeland The Foreign Trade Division of the U.S. Census Bureau recently released the latest set of monthly trade statistics for October 2018 that includes data on 3rd Quarter services trade.[1] In terms of merchandise goods, while the U.S. trade deficit through October with the world expanded by 11 percent, the Republic of Korea…