Trump backers fear he’s deserting them on China

So much for that showdown with China over its trade abuses.  The Trump administration and its counterparts in Beijing continue rapidly deescalating their confrontation, with the U.S. reportedly agreeing to a deal to drop severe penalties on Chinese telecom company ZTE as the Chinese consent to removing billions of dollars in tariffs on American agricultural products.…

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CPA Opposes “Skinny” NAFTA Deal

President should mend or end NAFTA, not tinker at the margins In recent months, trade negotiators for the US, Mexico, and Canada have been considering an overhaul of the 1994 NAFTA trade agreement. Due to opposition from Canada and Mexico, as well as the failed free trade lobby, insufficient progress has been made. The Trump…

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Why Illinois farmers should support President Trump’s steel tariffs

Over the past two decades, US farmers and manufacturers have struggled mightily against subsidized competition from overseas. Almost 5 million factory jobs have disappeared since 2000, including almost 300,000 in Illinois alone. This decline in good jobs has been particularly evident in America’s steel sector, with massive overproduction in China driving a global steel glut that has…

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There Won’t Be A Trade War With China

In the wake of President Donald J. Trump’s decision to impose modest tariffs on Chinese steel imports, a deluge of ostensibly “conservative,” Reagan-era think tanks began zealously parroting an archaic and repeatedly disproven boogeyman of the Eastern intellectual establishment: that tariffs are inherently evil and caused the Great Depression. [John Griffing | May 7, 2018 | WND]…

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