Tales from the Trail

Trump sees China from the White House

November 18, 2010

RTR2EFAB_Comp-150x150Billionaire developer Donald Trump might like to be president. And if he were, he’d bring a hard view of China to the White House.

Washington Extra – Goldilocks Geithner

September 16, 2010

Not too hot, not too cold, just right.geithner18

U.S. Treasury Secretary Timothy Geithner performed a delicate balancing act on the Hill today. On the one hand, Geithner had to tell an increasingly angry Congress that he was serious about trying to persuade China to revalue its currency, the yuan. On the other, he wanted to head off the kind of unilateral action from Congress that could provoke a trade war, and endanger the administration’s efforts to engage Beijing on a whole slew of issues.

Washington Extra – I see your gauntlet, and raise you a gauntlet

September 13, 2010

On Friday, President Barack Obama threw down the gauntlet to Republicans on taxes, effectively daring them to vote against a tax cut for the middle classes, just so that they can give an average of $100,000 in tax cuts to millionaires.

Washington Extra – Shuffling the pack

September 9, 2010

cabinetWe hear the White House is not wildly pleased with former budget chief Peter Orszag for abandoning the party line on tax policy this week. Now Democrats in Congress are beginning to distance themselves from President Barack Obama’s push to let taxes rise for the wealthiest Americans. We are unlikely to see this resolved before the mid-terms anyway, and there are still several different ways this could pan out. One possible compromise would be a short extension of the tax cuts for the rich and a longer extension for the middle classes, keeping any crucial decisions as far away from the 2012 campaign season as possible.

Washington Extra – Trade Protection

August 26, 2010

china_tradeWe travel the Karakoram Highway from China to Pakistan on today’s edition of Washington Extra.  Driving the agenda for Reuters today is news that the United States could be heading for another trade row with China, after it announced plans to toughen rules against what it sees as unfair trade practices. A number of the proposals are likely to irk Beijing and could provoke retaliation.

Peter Peterson says Republicans and business need to step up

July 21, 2010

Peter Peterson knows a little something about Republicans, Wall Street, and American business. He’s a former Commerce Secretary under Republican President Richard Nixon, a former New York Federal Reserve chairman and a former chairman and CEO of Lehman Brothers.

Hillary’s mango diplomacy in Pakistan

July 19, 2010

Hillary Clinton has lots to worry about in Pakistan, but she has found one thing she can wholeheartedly embrace: Pakistani mangos.

Schumer calls foul on Adidas’ NBA uniform plan

November 25, 2009

nbaNew York Senator Chuck Schumer has called a foul on German sports equipment giant Adidas AG and its plans to shift production of official National Basketball Association uniforms to Thailand from a factory in upstate New York.

from Summit Notebook:

Grassley grades Obama’s performance C to F

October 19, 2009

We asked Senator Charles Grassley to grade President Barack Obama's performance (close your ears Sasha and Malia) and the top Republican on the Senate Finance Committee was a bit of a tough schoolmaster.

Do looks matter in China?

July 16, 2009

BEIJING – Does having “a Chinese face” help two top U.S. officials in hard bargaining on energy and trade issues with the Chinese?