Dr. Michael Ivanovitch is an independent analyst focusing on world economy, geopolitics and investment strategy. He served as a senior economist at the OECD in Paris, international economist at the Federal Reserve Bank of New York and taught economics at Columbia Business School.
Follow him on Twitter: @msiglobal9
The German-led European Union does not want to balance its trade accounts with the U.S., Michael Ivanovitch writes.
The U.S. administration should negotiate with trading partners rather than shooting tariff hits to stop decades of rising trade deficits and foreign debt.
Trump has a stage, a chance, and a historic duty to rise to the occasion as a pacifier, unifier and a builder of a frightened and fragmented trans-Atlantic community when he meets with his NATO allies in Brussels next week, Michael Ivanovitch writes.
Trade issues will linger on because they have not been addressed, and solved, at the highest political levels, Michael Ivanovitch writes.
The German trade surplus is stifling the economic growth in the rest of Europe, Michael Ivanovitch writes.
The U.S. is getting ripped off on trade on Trump's watch, Michael Ivanovitch writes.
There is no constituency strong enough to wreck the European project, Michael Ivanovitch writes.
The U.S. should make sure that China and the EU accept to fully cooperate in a rapid balancing out of trade accounts, Michael Ivanovitch writes.
America's strengthening domestic demand will push trade deficits to new highs ahead. That will aggravate trade disputes with Canada, Mexico, the European Union and China — that account for 75 percent of the U.S. trade gap, Michael Ivanovitch writes.
After a decade of taking a back seat to Germany, France is now moving center stage in denouncing what it calls the German "fetishism of trade and budget surpluses" at the expense of the rest of Europe and a wider world, Michael Ivanovitch writes.