Trump wants a weaker US dollar – here’s why

Editor’s note: Trump is highlighting the dollar misalignment more these days. The fact that he is talking about interest rate difference between the EU and the US means CPA’s education on the issue is working.  President Trump recently pushed back against the European Central Bank, claiming the European bloc was unfairly competing against the U.S.…

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America’s Stake in Taiwan

Excerpt: “We are living in a new world—the world of attempted Chinese hegemony—and U.S. policy makers had better adjust, fast.” Forty years ago, China wasn’t a global menace. It is now. U.S. policy on Taiwan needs to catch up. [Seth Cropsey | June 18, 2019 | WSJ] In Hong Kong, hundreds of thousands have taken…

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China asks state-owned ‘national champions’ to help ‘stabilise’ economy, boost profits by 9 per cent in 2019

Editor’s note: In case anyone thought China was a free market, note that they are ordering their national champions to boost monopoly profits. They have economic management tools that we have never thought about. China’s biggest 97 industrial conglomerates, known as the country’s national champions, have been asked to play their part as “stabilisers” in the…

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Press Release: Millions of U.S. workers support Trump’s tariffs- letter

Domestic manufacturers reaffirm support for tariffs on China Manufacturing groups send joint letter to president endorsing tariffs Washington. Hundreds of independent U.S. producers today joined with industrial and manufacturing organizations to urge continued tariffs on subsidized imports from China. In a letter to President Trump, the collection of manufacturers and industrial groups expressed support for…

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