The U.S. will eliminate Section 232 tariffs on steel and aluminum from Canada and Mexico in exchange for the repeal of retaliatory duties on U.S. goods, though all parties retain authority to re-impose 25 and 10 percent tariffs if there is a surge in imports and consultations about the sudden increase fail. [May 17, 2019…
Editors note: This is very good. Office of the Press Secretary FOR IMMEDIATE RELEASEMay 17, 2019 President Trump Signs Proclamation to Pursue Negotiations on Automobiles Today, President Donald J. Trump took historic action to protect the American automobile industry, its workforce, and American innovation. Following an extensive review of the Department of Commerce’s Section 232…
Editors note: More analysis showing that China trade intervention will not create inflation but will be good for the economy. The U.S.-China trade conflict is not going to squeeze consumer budgets–even if President Donald Trump moves ahead with plans to extend his 25 percent levies to everything imported from China. [John Carney | May 10,…
Editors note: Huawei Is owned by the Chinese government and is key to their gaining technological superiority as well as exporting their surveillance state. The Trump administration is pulling out the big guns in its push to slow China’s rise, with potentially devastating consequences for the rest of the world. [May 16, 2019 | Bloomberg]…
Editors note: The mainstream press is waking up to the fact that U.S. trade intervention is working to reduce China’s influence and power. Beijing once could count on allies in business and politics to help get its way. Now many of its old allies are staying on the sidelines. [Keith Bradsher | May 17, 2019…
Editors note: Senator Rubio is doing a great job moving the debate towards a US competitiveness strategy. THE BIG IDEA: Marco Rubio argues that the escalation in the trade war with China stems more from corporate chieftains selfishly seeking big paydays for themselves by agreeing to bad deals with Beijing over the past several years than…
Editors note: Dan DiMicco pushes back against fake trade news on Bloomberg TV. [May 16, 2019 | Bloomberg] Watch the interview here:
By Jeff Ferry and Steven L. Byers, PhD Economic modeling results from the Coalition for a Prosperous America (CPA) show that an across-the-board 25% tariff on all China imports would deliver a significant, sustained boost to the US economy, including the addition of $125 billion to GDP in 2024 and the creation of 721,000 additional jobs. CPA…
Decoupling from China, increased domestic production would boost economy Washington. The Coalition for a Prosperous America (CPA) today released a groundbreaking study on the impact of a potential 25 percent across-the-board tariff on all imports from China. CPA research found that such a move would deliver significant, sustained benefits for the US economy, including the addition…
Editors note: This department of commerce announcement shows the specifics as to how the president’s order to ban Chinese companies from supplying our technology and communications infrastructure will be carried out. FOR IMMEDIATE RELEASE Wednesday, May 15, 2019 News Media Contact: Office of Public Affairs WASHINGTON – Today, President Trump signed an Executive Order:…