U.S., China to Remove Tariffs Bit by Bit if Partial Deal Clinched, Says Beijing

Editors Note: 1. Need tariffs permanent. Lots of manufacturers investing now, but will get killed by Chinese if tariffs go away. 2. Tariff reduction reciprocity is fake reciprocity given the IP theft, economy wide subsidies via renmimbi printing, other trade barriers. We don’t have those barriers. Just like past unilateral trade disarmament, we reduce tariffs, they might…

WAGE GROWTH, ECONOMIC DATA & EARNING & INVESTING IN A TRADE WAR W/BBC, FORBES & BLOOMBERG’S JEFF FERRY

Editor’s Note: Jeff Ferry, Chief Economist at the Coalition for a Prosperous America, about what’s going on with the US trade war. Interview starts [19:35] Jeff’s thoughts on the current trade situation Jason Hartman begins today’s show discussing where the real growth in wages is happening. Fortunately it’s happening in the “real” economy, meaning those jobs that…

A Declaration of Independence from China

Editors note: Wall Street whines about tariff uncertainty. But the certainty we need is a policy to decouple from China. Then investments in production in the US will become even more attractive Anyone who says businesses can’t move supply chains is wrong. They moved them to China a few years ago. And they can move…

Press Release: CPA is Hopeful but Wary about US-China ‘Phase One’ Agreement

Washington.The Coalition for a Prosperous America (CPA) reacted cautiously to President Trump’s announcement of the principal details of a potential ‘Phase One’ agreement with China. “I commend President Trump, Ambassador Lighthizer, and Secretary Mnuchin for their unprecedented work to address the multi-dimensional challenges posed by China’s whole-of-government strategy—which has long eroded America’s military, economic, and…