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The Best in Alternative News

Canada, EU and Germany Signal Compliance with President Trump Trade Demands…

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First, we would draw your attention to May 23rd, when President Trump announced an instruction to Commerce Secretary Wilbur Ross to begin a Section 301 review of the auto industry a week prior to the implementation of the Steel and Aluminum tariffs. At the time when all media were discussing other ‘matters’ CTH pointed out […]

President Trump Drops $200 Billion M.O.A.T on Red Dragon (Beijing)…

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When you plant your tree in another man’s orchard, you might end up paying for your own apples; it’s a risk you take….and President Trump knows how to use that leverage better than anyone could possibly fathom; because in this metaphor Beijing relies upon the U.S. for both the seeds and the harvest. President Trump […]

Hypocritical G7 Ministers Rail Against Audacity of the U.S. Trade Position Requiring “Reciprocal and Fair” Trade Deals…

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From the G7 Mission Statement outlining the objectives of their meeting: “From May 31 – June 2, 2018, G7 Ministers responsible for development cooperation met in Whistler, Canada, to discuss their shared priorities on some of the most pressing global development and humanitarian challenges, including advancing gender equality and the empowerment of women and girls”…

223,000 Jobs Added in May, Unemployment Falls to 3.8 Percent…

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The Department of Labor reported Friday 223,000 jobs were added in the month of May, and unemployment dropped to 3.8 percent. Jobs growth outpaced economists’ predictions, who estimated the number would fall just short of 200,000. Experts were also expecting the unemployment rate to stay steady from month to month at 3.9 percent. May’s unemployment […]

Wilbur Ross Delivers – No More Steel and Aluminum Tariff Exemptions for EU, Canada or Mexico (VIDEO)…

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Amid ongoing trade stalemates with NAFTA and the EU, Commerce Secretary Wilbur Ross has announced the U.S. Commerce Department will no longer provide exemptions for the European Union, Canada or Mexico. As anticipated, during a telephone briefing with reporters Secretary Ross announced at midnight tonight the 25% steel, and 10% aluminum, tariffs on imported goods […]

‘X’ Marks the Spot Where Inequality Took Root: Dig Here…

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In 2002, I heard an economist characterizing this figure as containing a valuable economic insight. He wasn’t sure what the insight was. I have my own answer. The economist talked of the figure as a sort of treasure map, which would lead us to the insight. “X” marks the spot. Dig here. The graphic below […]

Commerce Secretary Wilbur Ross Discusses China Trade Visit…

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Commerce Secretary Wilbur Ross discusses the ongoing trade initiatives with China ahead of the U.S. delegation departing later tonight. Secretary Ross, Treasury Secretary Mnuchin, U.S. Trade Representative/Ambassador Robert Lighthizer, Economic Council Chairman Larry Kudlow and White House Trade Adviser Peter Navarro are all heading to Beijing to meet with their Chinese counterparts…

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