‘We were wrong’: Koch network to change strategy against Trump’s trade war after ad campaign falls short

Editors Note: Koch globalists admit multimillion dollar campaign against tariffs failed. Couldn’t convince people that they were spending more on cars when people were not spending more on cars. The political network funded in part by billionaire libertarian Charles Koch is going to try a new strategy against President Donald Trump’s trade war with China after…

President Trump’s China policy is working, but you’d never know that from media reports

Editor’s note: Greg Autry is a member of CPA’s Advisory Board. On the morning after the 2016 presidential election, CNBC interviewed Peter Navarro, who had been an economic adviser to the Trump campaign and would soon join the administration to advise the president on trade and manufacturing policy. Navarro outlined President Trump’s economic plans: cutting taxes, reducing…

Time for a Plaza II

Editor’s note: This is an extremely important article by economist Richard Koo describing in very clear terms the relationship between exchange rates, capital flows, and the trade deficit. Publication: “International Economy, Summer 2019“. The takeaway is that until the US manages capital flows and exchange rates, we are destined to have trade deficits and deindustrialization forever. U.S. trade deficits were caused…