Editor’s note: The Big Ag globalists still control ag trade policy in this administration. Just has China has an industrial strategy and we should get one too, Canada has an agro-industry strategy and we should get one too. Canada’s program actually works pretty well for their farmers. When they’ve dismantled parts of it in the past,…
Editor’s note: This important report shows how a strong Buy America program combined with infrastructure spending can boost our economic strategy and minimize leaking taxpayer money to fund growth in other countries rather than here. How many more jobs would be supported by infrastructure investments if import shares were lower in domestic manufacturing? [Josh Bivens…
Editor’s note: Helpful hint: do not listen to Jamie Dimon of JP Morgan Chase on advice about the real economy in the US. WASHINGTON (AP) — President Donald Trump’s aggressive and wildly unpredictable use of tariffs is spooking American business groups, which have long formed a potent force in his Republican Party. [PAUL WISEMAN and…
Editor’s note: Senator Scott joins the growing ranks of those that support the trend towards China decoupling. Last month I traveled to Panama, Colombia and Argentina. The purpose of my trip was to get an update on the fight for freedom and liberty in Venezuela, to highlight the important economic relationships between Latin America and…
Excerpt: China’s leaders simply reneged on an initial commitment to start opening their markets and to halt such aggressive practices as IP theft, hacking and forced technology transfer. There’s an important point to remember in the current U.S.-China trade conflict: Beijing started it. For the past 20 years, China has been at war with the U.S. economy, using…
Editor’s note: Former WSJ reporter John Carney shows why the “tariffs are taxes on consumers” line is false. Donald Trump’s declaration that tariffs on $200 billion of Chinese goods would jump to 25 percent in May gave rise to a firestorm of claims that the import taxes hurt U.S. consumers. [John Carney | June 11,…
By Jeff Ferry, CPA Chief Economist This morning the Bureau of Labor Statistics (BLS) published the May consumer price index, and once again inflation has undershot Wall Street expectations. Headline inflation came in at 1.8% for May 2019 (compared to May 2018). The core rate of inflation (i.e. removing volatile food and energy prices) was…
CPA Analysis: US inflation rate remains lower than predicted Latest consumer price data shows negligible tariff impact Washington. The latest Consumer Price Index (CPI) data released today shows the US economy continuing to experience low inflation. Year-on-year inflation for May 2019 came in at only 1.8 percent, according to the Bureau of Labor Statistics (BLS).…
For Immediate ReleaseJune 6, 2019 Media Contact: Bill Bullard, R-CALF USA CEO [email protected], (406) 252-2516 Billings, Mont. – According to R-CALF USA, the proposed implementation of a five percent tariff on Mexican imports will benefit U.S. cattle producers. Last year, the R-CALF USA board of directors unanimously called upon President Trump to impose new tariffs…
Editor’s note. Part of the reason Vietnam’s trade surplus with the US has increased recently is because it is being used by China for tariff evading trans-shipment. Some Chinese exporters are going to extreme lengths to avoid the hit from Donald Trump’s tariffs. [Mai Ngoc Chau and John Boudreau | June 8, 2019 | Bloomberg] Vietnam…