Editor’s note: Sen. Grassley supported every trade agreement, China’s entry into the WTO, and every Fast Track bill that gave trade negotiating power to the executive branch. Now that we have a nascent pro-US trade strategy being developed in the administration, Grassley is trying to hamstring it. Senate Finance Chairman Chuck Grassley said Tuesday he…
Editor’s note: CCP influenced entities use US consumer market as a piggy bank to fund their growth. But also our equities markets. Part of the United States’ awakening to the complex challenges posed by a rising China is the realization that America’s economic vulnerabilities are also national security vulnerabilities. And it’s not just about trade. [Josh…
Editor’s note: Trade restrictions against China are now solidly bipartisan. Speaker Pelosi’s statement shows rare bipartisan unity by supporting legislation that ends the Hong Kong exemption from those restrictions. Washington, D.C. – Speaker Nancy Pelosi issued this statement in support of the courageous protestors in Hong Kong speaking out against a dangerous proposed extradition law:…
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).…
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,…
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: 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…
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…
Excerpt: “For all their differences, Rubio and Warren have done something important: They have jointly raised the flag of Economic Patriotism.” When Sen. Marco Rubio of Florida and Sen. Elizabeth Warren of Massachusetts agree on anything, that’s news in and of itself. After all, Rubio’s most recent legislative rating by the left-leaning Americans for Democratic Action is…
