FAREWELL SINGAPORE Trump cancels summit with North Korea's Kim, warns that military ready -Reuters

READ THE LETTER Trump’s Letter to Kim Canceling North Korea Summit Meeting, Annotated -NYT

GDPR, or Why Privacy Is Now Stronger in EU Than U.S. -Bloomberg

U.S. Sanction Power May Be Reaching Its Limit The response to the Iran decision shows the global economy won’t be bossed around forever. -Bloomberg

New Proposed Trade Legislation Contains Additional Trade and Investment Restrictions Involving China -Lexology  

WEIRD SCIENCE How China acquires ‘the crown jewels’ of U.S. technology The U.S. fails to adequately police foreign deals for next-generation software that powers the military and American economic strength. -Politico

TARIFFS + PUFFERY Canada PM raps possible U.S. auto tariffs, says linked to NAFTA A move by the United States to explore tariffs on auto imports is based on flimsy logic and is part of the pressure from Washington to renegotiate the NAFTA trade pact, Canadian Prime Minister Justin Trudeau said on Wednesday. -Reuters

Mexico's Pena Nieto 'optimistic' on NAFTA as country makes new offer -Reuters



The Trump trade: Why corporate America loves Donald Trump American executives are betting that the president is good for business. Not in the long run -The Economist

GOVERNMENT STEPS IN WHERE MARKETS FAIL Exclusive: U.S. bill would force tech companies to disclose foreign software probes U.S. tech companies would be forced to disclose if they allowed American adversaries, like Russia and China, to examine the inner workings of software sold to the U.S. military under proposed legislation -Reuters

PODCAST OF THE WEEK Here's How to Regulate Facebook Productively! -Mercatus Center

Facebook and Twitter Plan New Ways to Regulate Political Ads -NYT

With CDD and Beneficial Ownership Rule in Effect, FinCEN Continues to Clarify and Refine Rules for Financial Institutions -Lexology

Time to Move the American ICT Supply Chain Out of China The Trump Administration’s trade strategy needs to focus on the threat posed by China’s activities in the information and communication technology arena. -The American Interest

NOTHING TO WORRY ABOUT HERE Here’s Amazon’s explanation for the Alexa eavesdropping scandal A couple says their device secretly recorded a private conversation of theirs and sent it to an acquaintance. -Recode 

OR HERE U.S. threatens autos with scorched-earth gambit The White House is threatening the automotive industry with a scorched-earth gambit. President Donald Trump on Wednesday asked Commerce Secretary Wilbur Ross to consider a so-called Section 232 investigation on all imports of vehicles and parts. That may well just be his fuel-injected bargaining chip for negotiations with partners in NAFTA, the North American trade pact. If the levies actually happen, though, it would leave domestic and foreign automakers reeling. -Reuters

GUN HO So you’re telling me my Subaru is a national security threat? -The Washington Post


How Trump’s Obsession With China Could Turn America into Japan As a real estate mogul in the 1980s, Donald Trump railed against Japanese economics. Now, to counter China, he is fatefully emulating them. -Politico

GUSHES? US shale-based LNG gushes into Asia Japan follows South Korea, China and India in signing long-term contracts -Nikkei

Another Ship Bound for China Turns Around Halfway, Then Turns Around Again -The American Spector

Massachusetts Gains Foothold in Offshore Wind Power, Long Ignored in U.S. The wind farms have increasingly become mainstream sources of power in Northern Europe, but the United States has largely not pursued the technology. -NYT

DATA SET OF THE WEEK Wind Integration National Dataset Map -NREL [h/t Data Is Plural]

Latin America contagion from Argentina turmoil unlikely Turmoil in Argentina's financial markets is unlikely to spread to rest of Latin America, apart from possibly Uruguay, a top Latin America sovereign analyst at ratings agency Moody's said on Tuesday. -NASDAQ