Earlier today Nancy Pelosi was questioned about why the House was not voting to pass the USMCA trade agreement. Speaker Pelosi immediately fell back upon her talking point: “we are working toward yes.” This is complete hogwash. There are no discussions. Pelosi is doing what Pelosi does best, politicizing anything positive for the U.S. economy […]
Nancy Pelosi’s USMCA Strategy for 2020 is Contingent Upon the Canadian Election…
President Trump and Vice Premier Liu He Announce “Phase One” Trade Agreement – Video…
President Trump, U.S. Trade Representative Robert Lighthizer and Treasury Secretary Mnuchin gathered with their Chinese counterparts in the Oval Office for a lengthy announcement of “phase-one” of a U.S-China trade agreement. Vice-Premier Liu He leads the Chinese delegation. [No point sheet on USTR website yet] According to the presser: Phase One has reached ‘agreement in […]
Sept. Jobs Report: 136,000 New Jobs, Unemployment Drops to 3.5% – Lowest in 50 Years…
MAGAnomics – Lowest Unemployment in 50 Years! The Bureau of Labor Statistics releases the September jobs report. 136,000 jobs were added to the economy and the unemployment rate falls to 3.5%, the lowest since 1969. Demand for workers remains strong (Table A-1). Overall employment is very stable across all sectors (Table B-1) and wage growth […]
Merkel Takes Her Tin Cup to China…
German Industrial Orders Plunge – The Surface Reason Is China – The Underneath Reason Is Trump…
Boy howdy if ever there was an article that showed the layers and ramifications of President Trump’s global trade reset, this is a good one. The multinational media do not want American voters to understand the dynamic, because if we did people would catch-on to how the global economy was structured upon removal of U.S. […]
Cambria CEO Marty Davis: “You cannot have free trade with a dictatorship that is harvesting the prosperity of an American Democracy”…
This is another one of the rare interviews where an American CEO calls out the specifics of how Wall Street greed created the China problem that pummeled Main Street. Cambria CEO Marty Davis discusses the root of the trade issues with China and President Trump’s efforts to address the problem. He accurately calls attention to […]
Beijing Pledges Fight “To the End” Against U.S. Economic Confrontation – Let It Be So…
An announcement from China on Saturday, pledging a full economic war against the United States, will likely not come as a surprise for most CTH readers. However, it does serve as emphasis for our 2017 statement: “prepare your affairs accordingly.” When we followed up a few months later with the warning: “There is no upper […]
White House Trade Advisor Peter Navarro Discusses Enhanced China Tariffs…
Secretary Ross Adds 46 Subsidiaries to Huawei “Entity List” – Grants 90-Day Window for U.S. Companies to Withdraw…
Commerce Secretary Wilbur Ross appears with Maria Bartiromo to discuss the security concerns around Chinese company Huawei and technology products designed to extract intelligence and data. Secretary Ross explains the Commerce Department decision to add 46 new Huawei subsidiaries to the restricted entity list requiring U.S. companies to apply for temporary licenses for Huawei purchases. […]
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