The recent effort by U.S. tech companies to censor the news is further proof that America’s outreach project with China has backfired spectacularly…
RNC: Ric Grenell Torches ‘Unlimited Globalization’ that ‘Hollowed Out’ U.S….
Richard Grenell, the former Acting Director of National Intelligence and former United States Ambassador to Germany, torched “unlimited globalization” and it’s devastating impact on America’s working and middle class during his speech at the Republican National Convention (RNC)…
Krugman Admits He and Mainstream Economists Got Globalization Wrong…Ya Think?…
Paul Krugman, Nobel-prize winning economist and avowed champion of free trade, admits he and his colleagues got a few things seriously wrong about globalization, in particular around its downside impact on local labor markets. “We missed a crucial part of the story,” Krugman wrote in a Bloomberg article in October, referring to members of the […]
U.S. Reportedly Planning Tariffs on Remainin $257B in Chinese Goods If Trump-Xi Talks Fail…
The United States is preparing new tariffs against all remaining Chinese imports if trade talks between Presidents Donald Trump and Xi Jinping fail to reconcile the ongoing trade dispute, according to Bloomberg News. An announcement of a new round of taxes against goods from China could occur as early as December and target the rest […]
Mercedes, Nissan to Ramp Up U.S. Investment After New NAFTA Deal…
Mercedes-Benz and Nissan plan to invest more in the U.S. after the Trump administration won a new trade agreement with Canada and Mexico that requires more of each vehicle to be built in North America, by higher-paid workers, the Financial Times reported. Under the terms of the deal to update the North American Free Trade […]
Gap Joins U.S. Retail Rally as Quarterly Sales Top $4 Billion…
Despite growing concerns over fallout from the Trump administration’s trade barriers, Gap Inc. on Thursday joined other retailers in reporting profit growth for the most recent three-month earnings period. Revenue at the San Francisco-based apparel chain grew 7.5 percent to $4.09 billion for the quarter that ended on June 30. Net income rose 6.6 percent […]
Trump’s “Trade War” Is Working: U.S. Trade Deficit Collapses…
One month after the biggest plunge in the US trade deficit since the financial crisis – good news for Trump who has engaged in “trade war” with the rest of the world to boost US trader and exports – the good news continued in April, when according to the Census Bureau, the US deficit shrank […]
Why China Can’t Afford a Trade War…
China and the United States have agreed not to impose tariffs on one another—that is, not to engage in a trade war—at least while they negotiate a trade settlement. If the White House is to be believed, China has agreed to increase “significantly” its purchases of American goods, especially agricultural products. This is welcome news: […]
Maria Bartiromo Interviews Dir of Trade Policy Peter Navarro…
A very informative interview on Trump’s trade policy with White House Director of Trade Policy Peter Navarro. Fox News Maria Bartiromo and Navarro thoroughly discuss U.S. trade policy, steel and aluminum tariffs…
Boehner’s Right — It’s Trump’s Party Now…
“There is no Republican Party. There’s a Trump party,” John Boehner told a Mackinac, Michigan, gathering of the GOP faithful last week. “The Republican Party is kind of taking a nap somewhere.” Ex-Speaker Boehner should probably re-check the old party’s pulse, for the Bush-Boehner GOP may not just be napping. It could be comatose. Consider. […]
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