Trump trade chief: Our trade policy is already working

A strong historic defense of American workers and domestic manufacturers aptly summarizes the first 100 days of the Trump Administration’s trade policy. [Peter Navarro] May 2nd, 2017 [CNN] On his first working day in office, President Trump terminated one of the worst trade deals ever proposed: the Trans-Pacific Partnership. TPP would have further eroded the…

Fix the Trade Deficit or Risk another Financial Crisis

The Commerce Department reported the deficit on international trade goods and services in March was about $43.7 billion, indicating the United States is on track to another trade gap in excess of $500 billion for 2017. [Peter Morici] May 4th, 2017 [economist and business professor at the University of Maryland, and a national columnist] For decades,…

How to Fix the Trade Deficit

The Commerce Department is expected to report the U.S. deficit on trade goods and services in March was about $44 billion, indicating the United States is on track for another trade gap in excess of $500 billion for 2017. [PETER MORICI] May 1st, 2017 [Market Watch]  For decades, the trade deficit has been a source of…