Excerpt: “Net exports—exports minus imports—added 1.03 percentage points to the quarter’s 3.2% GDP growth rate.” Higher exports, inventory investment helped offset slower rate of spending by consumers, businesses [Harriet Torry, Sarah Chaney | April 26, 2019 | The Wall Street Journal] Gross domestic product—the value of all goods and services produced in the U.S., adjusted…
Editors note. Dr. Navarro goes to the lion’s den of neoliberal free trade promoters. Peter K. Navarro, director of the White House Office of Trade and Manufacturing Policy, presented his ideas on United States trade policy at the Harvard Kennedy School Institute of Politics Thursday evening. [Danielle J. Kranchalk | April 25, 2019 | The…
Editor’s note: A focus on Wall Street aiding and abetting China’s US government lobbying strategy. Perhaps out of concern that his former boss might be pushing Robert Lighthizer and Steve Mnuchin to cave on enforcement, technology transfers and market access for the sake of securing a deal with Beijing, former White House Chief strategist Steve…
Editors note: Huawei does not tell the truth. Huawei, the Chinese tech giant, has fought to dispel accusations that it acts on behalf of the Chinese government. [Raymond Zhong | April 25, 2019 | NY Times] SHENZHEN, China — For one of the world’s largest technology companies, it should be a simple question: Who owns…