President Trump in an interview that aired Friday said that he’s “ready to go” with $500 billion in tariffs on China after already slapping the country with a series of tariffs. [JACQUELINE THOMSEN | July 20, 2018 | The Hill] Trump said in an interview with CNBC that the U.S. is “down a tremendous amount” in terms of…
Editors note: This is an important interview. Larry Kudlow, White House Economic Advisor, talks to CNBC’s Jim Cramer about tariffs and trade. He says the WTO is broken, the China problem is getting worse and he largely agrees with Peter Navarro. Kudlow is still not sure about whether the trade deficit is bad. But has…
Editor’s note: America should consider withdrawing from the international agreements that require our postal service to subsidize cheap shipments of products direct from China. As the rates of the U.S. Postal Service continue on their precipitous ascent, how cheaply Chinese merchants are able to ship their products thousands of miles across the world to the United States has…
When the Trump administration imposed 25% tariffs on steel imports in March this year, some other nations loudly criticized the move. Now, surprise, surprise, they are shifting gear—and jumping on the tariff bandwagon. This week, both the European Union and Canada have taken steps towards blocking excessive imports of steel into their markets. The European…
Editor’s note. This article show how bipartisan trade reform is. If President Trump has been clear on one thing, it’s that globalized trade is a raw deal for American workers. [Jeff Spross | July 16, 2018 | The Week] Of course, most mainstream economists and commentators do not agree, to put it mildly. They see…
Editorial note: This article is significant because it demonstrates how the business press is coming around to the fact that free trade and globalization have produced big problems. CPA has been communicating with this reporter for several years on the topic. I’ve been feeling a little worried about job security lately. I am the global…
Editors Note: CPA Advisory Board Member, Pat Mulloy, appeared as guest speaker on The Bill Walton Show to discuss the Chinese election where Xi Jinping was voted “President for Life.” With this vote they proclaimed that China is now realizing its dream of national rejuvenation, and it’s grand strategy to restore its Empire.
Editors note: China ineffectively tries to defend its state directed economic system by pointing out that the US has Fannie Mae. In the final day of the World Trade Organization’s biennial review of Chinese trade policies, Beijing fought back on criticism offered by other members in a host of areas, including claims that it unfairly…
After the US Trade Representative recently announced tariffs on another $200 billion of Chinese goods, I was asked whether I would admit that the US is now in a trade war. Op-ed by Michael Stumo, CEO of CPA, originally appeared on Rockland County Times on July 12, 2018 China started the trade war in 1994…
Editor’s note: This article shows how the elimination of country of origin labeling for meat caused American producers’ share of the grass fed cattle market to decline from 60% to 15% in just a few years. Last month, in a petition formally filed with the United States Department of Agriculture (USDA), two advocacy groups made a stunning…
