Editor’s note: The press, the free traders and the globalists continue to seek compromise. Treasury Secretaries Hank Paulson, Tim Geithner and Jack Lew also tried talking with China to seek compromise and failed. China’s bid to become the global superpower is unlikely to change soon. Chinese and U.S. negotiators are mapping out talks to try…
11,100 Job Gains vs. 514 Job Losses So Far Washington. Earlier this week, the Coalition for a Prosperous America (CPA) published details of its new ‘Tariff Job Creation Tracker’ that tallied US manufacturing jobs gained in the wake of recent tariff actions. CPA found 11,100 jobs announced or planned in four major sectors affected by tariffs. These results…
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…
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…
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…
Currency has fallen more than 8.6% this year, making it one of Asia’s worst performers Editors note. As other countries’ currencies fall, capital flees to the US, pushing the dollar up, and making our goods non-competitive. We need the competitive dollar for jobs and prosperity act to charge foreign investors for the service. Meanwhile, interesting…
Editor’s note: The new move to base the award of defense contracts on, in part, security assessments will make it harder for companies in other countries to participate in the US defense supply chain. A rebuttal to those who don’t care where products are made so long as they are cheap. The Pentagon has a…
Extended editor’s commentary: Here is some detailed context regarding article below reporting on China likely resuming purchases of US soybeans. Soybeans prices should not have tanked because soybeans are a fungible global commodity that does not care whether it goes to China or Argentina or EU. There is drought in EU and Argentina and they…
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…
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…
