Would Trump’s Trade Policy Really Cause a Recession?

On Thursday, Governor Mitt Romney gave an anti-Trump speech in which he called upon Republicans to vote for anybody but frontrunner Donald Trump so as to produce a brokered convention.  Romney claimed that Trump’s economic plans would cause a recession. He said: [Howard Richard and Raymond Richard| March 8, 2016 | American Thinker] If we Republicans choose Donald Trump as…

Latest trade data reinforces MI trade-rage upset

Americans opposition to job-killing trade policies fueled the stunning Sanders upset victory in Michigan. But it also could be a deciding factor in the general election, especially with Donald Trump being the likely GOP nominee. The Michigan outcome shows the potency of the trade issues and foreshadows the trouble Hillary Clinton could face in Midwestern…

Trade and Jobs Key to Victory For Bernie Sanders

No Democratic presidential candidate had campaigned in Traverse City, Mich., in decades until Senator Bernie Sanders pulled up to the concert hall near the Sears store on Friday. Some 2,000 people mobbed him when he arrived, roaring in approval as he called the country’s trade policies, andHillary Clinton’s support for them, “disastrous.” [Patrick Healy & Yamiche Alcindor|…

Sen. Murphy Scolds Pentagon For ‘Buy American’ Lapses

HARTFORD — U.S. Sen. Chris Murphy criticized the Department of Defense on Friday after a second Pentagon report found that purchasing practices failed to comply with federal law intended to promote U.S. manufacturing. [Stephen Singer| March 4, 2016 |The Hartford Courant] The Defense Department’s inspector general reported last week that it found only partial compliance…

Free Traders Can’t Name a Single Trade War

  Failed 2012 presidential candidate Mitt Romney has been claiming that Donald Trump’s (and by logical implication, Bernie Sanders’) proposed rejection of free trade would start a trade war and tip America into recession. [Ian Fletcher| March 8, 2016 |Huffington Post] Failed 2012 presidential candidate Mitt Romney has been claiming that Donald Trump’s (and by…

Sanders: Clinton ‘very, very wrong’ on trade

Democratic presidential hopeful Bernie Sanders on Thursday went after rival Hillary Clinton‘s record on trade, highlighting their “very different points of view.” [Vicki Needham| March 3, 2016 |The Hill] The Vermont senator blasted Clinton’s record of supporting the North American Free Trade Agreement, establishing trade relations with China and the changing of her stance on the Trans-Pacific Partnership…

Government Report: Trade Deficit Worsened in January, Exports Declined, Trade Agreements Failed

  FOR IMMEDIATE RELEASE March 4, 2016Contact: Paola Masman, Media Director 202-688-5145 ext 2, [email protected] Washington ~ The Coalition for a Prosperous America (CPA) said today that a new government report shows that US trade policy and trade agreements continue to shrink America’s economy. The Bureau of Economic Analysis released its report on US International Trade…

China Begins to Tackle Its ‘Zombie’ Factory Problem

  Leaders will use National People’s Congress to push overhaul of state industries—but pace of reform is questioned. [Mark Magnier| March 3, 2016 | The Wall Street Journal] BEIJING—China’s leaders two decades ago decided that a combination of restructuring, privatization and massive job cuts was needed to revitalize the economy and shake up state industries…