Excerpt: “President Trump’s threat of auto tariffs likely supported this major investment decision,” Stumo continued. “If the tariffs on imported autos are imposed, it will help
Editors note: While this article portrays overcapacity in China’s automotive manufacturing plants as a problem, it may also be the beginning of driving American companies
Editor’s note. The 232 tariffs have succeeded in getting the steel industry to the 80% capacity utilization target. Steel prices are now below pre-tariff levels,
Editor’s note: Globalization inherently lessens the wage share of the economy, even if trade deals are “fair”. Localization is not explicitly on the agenda, but
Editors note: The use of tariffs continues to gain popularity. The prior opposition to imposing tariffs is slowly morphing into opposition to reducing them. BEIJING
Excerpt. “Following a Warring States philosophy of tricking your opponent into doing your work for you, Deng knew that technology would be the driver for
Sees compromise agreement with Beijing as loss of bargaining power Washington. In response to recent reports that President Trump is moving towards an agreement with
Editor’s note: Tariffs have been pro-growth. That is one reason manufacturers like KitchenAid have trouble finding workers. Tariff-armageddon still is not happening. Companies discover investment in
Editors note: Dan DiMicco, CEO of CPA, talks on “squawk on the street”regarding ongoing trade talks between the US and China. Dan Dimicco, former Nucor