The Trudeau government spars with a U.S. family to put up a span into Detroit
A new front in Donald Trump’s trade wars could be the Detroit River and the bridge across it. Opened in 1929, the Ambassador Bridge is a critical trade artery linking the U.S. and Canada. About $100 billion in commerce crosses it annually, a figure just shy of U.S. trade with the U.K. Now the fight to replace the aging span has reached the Oval Office.
Both the Canadian government and the bridge’s private U.S. owners, the Moroun family, plan to build rival bridges not far from where the Ambassador connects downtown Detroit with Windsor, Ont. The race has been marked by bad blood and court battles, spanning successive governments in the U.S. and Canada. Patriotic themes suffuse both campaigns. The Canadian bridge is dubbed “the Gordie” after ice hockey icon Gordie Howe. Meanwhile, the Morouns have been appealing to Trump’s Buy American instincts, asking him to intervene. Matthew Moroun—who took over his family’s transport company from his father, the combative, publicity-averse Matty Moroun—wants Trump to rescind a key waiver granted by Barack Obama in 2012 that exempted the Canadian bridge from having to use only U.S. steel.
Bu hikaye Bloomberg Businessweek dergisinin April 16, 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Bloomberg Businessweek dergisinin April 16, 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers