Industrial Insight

Copper prices flat

May 21, 2018
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Oil prices up again

May 21, 2018
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Steel production flat and prices up

May 21, 2018
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Copper prices flat

May 15, 2018
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Oil prices up again

May 15, 2018
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Steel production down slightly but prices up

May 15, 2018
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Copper prices drift down

May 8, 2018
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Oil prices remain up

May 8, 2018
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Steel prices remain up and production bumped up

May 8, 2018
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China and Trade

May 3, 2018
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Opinion

  • 406

The U.S. and China Are Finally Having It Out

Thomas L. Friedman

By Thomas L. Friedman

Opinion Columnist

May 1, 2018

Don’t get me wrong. I am a free trader and genuinely not afraid of some state-directed 2025 plan beating Western free-market innovators. I welcome China focusing more on 21st-century industries. It could be better for everyone.

Economics is not like war — they can win and we can win. On one condition — we all play by the same rules: hard work and innovation, not hard work and stealing intellectual property, massive government interventions, ignoring W.T.O. rules, lack of reciprocity and forcing Western companies to pay to play inside China.

That is what this moment is about — that’s why it’s a fight worth having. Don’t let the fact that Trump is leading the charge distract from the vital importance of the U.S., Europe and China all agreeing on the same rules for 2025 — before it really is too late.


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About author

I'm the executive vice president for a steel casting trade association, the Steel Founders' Society of America. I've got a crazy wife, five crazy children, three crazy people that married into the family, and two crazy fun little grandsons.

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