U.S. Senators Tammy Baldwin and Josh Hawley Lead Bipartisan Effort to Restore Competitiveness to U.S. Exports, Boost American Manufacturers and Farmers

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Editor’s Note: Press release from Sen. Tammy Baldwin   Bipartisan legislation would realign U.S. dollar to close trade deficit WASHINGTON, D.C. – For two decades, foreign countries, including China, have manipulated their currencies to boost their exports while making American products more expensive abroad. Foreign purchases of U.S. stocks, bonds and other assets have also…

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Trade—On Our Terms

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Editor’s note: Presidential candidate Elizabeth Warren has submitted the most detailed trade agenda of any candidate. While there are several good parts of the plan, there is no mention of the trade deficit or the misaligned dollar exchange rate.  Last month, I released my economic patriotism agenda — my commitment to fundamentally changing the government’s…

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China Needs New Places to Sell Its Mountain of Stuff

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Editors note. China’s growth strategy relies upon suppressing consumption, overproducing, and exporting it’s goods glut to the US. Administration’s tariff strategy is working. They are looking for new places to do “economy-wide dumping”. Next step is realigning exchange rates. Faced with severe factory overcapacity at home and tariffs on exports to the U.S., Beijing wants…

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Trump Denounces Both China and WTO

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Editor’s note: China has received preferential treatment at the WTO as a “developing country” but it has long outgrown that status. This move continues towards the possible end of the WTO. President presses trade organization to change China’s ‘developing country’ status [Jacob M. Schlesinger and Alex Leary | July 26, 2019 | WSJ] WASHINGTON—President Trump ramped…

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Lessons from the East Asian Economic Miracle

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Editor’s note: An analysis of how Asian economies grew stunningly through intentional policy and not laissez-faire free trade. I’ve always had highly libertarian instincts, for both pragmatic and ideological reasons. You say civilians should be able to own rocket launchers, I demand that these rocket launchers not face a sales tax. But for me and…

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Top 5 Tax Proposals by Democratic Candidates…and How They Affect Domestic Companies

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Among the various Democratic presidential contenders, there are a number of proposals for corporate tax reform. After reviewing all the candidates’ plans, we’ve identified the ‘Top 5 Democratic Tax Reform Proposals.’  By David Morse, Tax Policy Director The Coalition for a Prosperous America (CPA) believes corporate tax reform should stop discrimination against domestic companies versus…

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