Trade Managed by China Australia Trade Minister Simon Birmingham said that government is looking carefully to see if the U.S. – China Phase One trade agreement is resulting in “managed trade” that is violating the rules of the WTO. Well the agreement is certainly managed trade, were it to be an effective agreement but when China is ignoring the lower priced U.S. soybeans and instead paying up for Brazilian beans, it is managed trade but in the opposite direction inferred by the Minister and the agreement. Still, it is good to have a look and hopefully write a strong report about its relative merits in the final analysis.  India Tiptoes Reform The government of India has announced new market reforms that may or may...