Trump is right: America was ‘built on tariffs’

Editor’s note. This is a nice synopsis alluding to the American System of Economics which the administration’s trade team seems to be returning to. Hamilton and Frederich List (German) dismissed Adam Smith as a cosmopolitan economist. See Michael Stumo’s speech to the Jessie Helms Center annual conference on the same topic here.  President Trump defended his…

Trump set to expand rules on buying American products

Editor’s note: This rumored tightening of Buy America rules for government procurement is welcome. There is a strong anti-Buy America group of congressmen and senators that often block similar rules in legislation.  The White House is preparing a new executive order expanding rules favoring American-made products in government projects, according to four administration officials and…

Why your next flight may go via China

Editor’s note: Boeing is helping Beijing’s bid to dominate airplane production and airline services as they joint ventures with government owned companies. Boeing will sell a few planes for 3-5 years, then will get squeezed out like Apple.  It is the same if you are looking to fly from Bangkok to Los Angeles. Or from Singapore…

Press Release: CPA Tallies Jobs Created by Tariffs

More than 11,100 Good Jobs Created Since February Washington. The Coalition for a Prosperous America (CPA), has determined that at least 11,100 new jobs have been created since February 1 as a result of the protective tariffs imposed on imported solar panels, washing machines, steel, and aluminum. The finding arises from the initial results of CPA’s “Tariff…

The Untold Story: Tariffs Are Driving Job Creation

By Jeff Ferry, CPA Research Director It’s just six months since the first of the Trump administration’s tariffs went into effect and the job gains are already visible. Our CPA Tariff Job Creation Tracker (TJCT) shows over 11,000 jobs have been created or announced since February 1st and that includes only cases where companies announced specific…

CPA Op-ed: USDA program a helpful start for U.S. farmers

In response to years of China’s predatory economic behavior, President Donald Trump’s administration recently imposed tariffs on $50 billion worth of high-tech Chinese goods. Beijing has now retaliated against America’s agricultural sector, prompting a $12 billion program from the U.S. Department of Agriculture for affected farmers and ranchers. Some in Washington are criticizing the USDA…

China’s Challenge Is America’s Opportunity

Editor’s note: Interesting article by President of MIT. His strategy of more university R&D, however, is silent on location of production. Otherwise its “invent it here, make it there”. Which later becomes “invent it there, too”. American tensions with China over international trade spring partly from concerns that China gives tax breaks to its companies…