by Veronique de Rugy I have always thought that the comparison of United Kingdom Prime Minister Boris Johnson to US president Donald Trump was unfair to Johnson. And while admittedly I am no Boris Johnson expert, I do have his speech from February 3th to prove the injustice of the comparison. In fact, the more I read…
One of the many unsettling features of Donald Trump is his deep-seated antipathy to the time-honored doctrine of free trade. Even as early as 2016, Trump devoted a substantial portion of his Republican Convention speech calling for the adoption of protectionist tariffs and other trade restrictions against “any country that cheats.” He proceeded to blame NAFTA for…
Audrey Conklin The U.S. and China mutually agreed to lift some tariffs in what appears to be the beginning of a potential trade deal, China’s commerce ministry announced Thursday. The announcement comes after President Donald Trump met with Chinese trade officials in October and announced that the two countries would work to move toward a tentative agreement,…
A recent Gallup poll reveals something that everyone except for the President and his chief economic adviser, Peter Navarro, seem to know: Americans love trade, and their already-scant support for the trade war is waning. In fact, the current Administration’s fervor for treating the United States like a private corporation in trade negotiations comes at a time when – and…
The data is in. The Trump Tariffs have been highly deleterious to the American economy. Our farmers have had to be rescued with $28 billion in taxpayer aid. Business investment has slowed down to a crawl despite the incentive of the 2017 tax cuts. U.S. manufacturing has also seen a slow down since the middle…
The 70-year global progress toward freer trade is permanently reversed so long as the Republicans hold the White House. That’s the message of the non-deal trade deal just announced between the U.S. and China. It’s a deal that reduces no existing tariffs and offers only symbolic changes in other terms that were already on the…
Audrey Conklin President Donald Trump said he reached “phase one” of a tentative U.S.-China trade deal after meeting with Chinese Vice Premier Liu He Friday. The announcement comes amid a 15-month-long trade war involving back-and-forth tariffs, blacklists and threats to and from both countries as the administration attempts to hold China accountable for its trade tactics. The president told reporters in the Oval…
Audrey Conklin – As the 2020 presidential election approaches, experts told the Daily Caller News Foundation that no one is emerging in the U.S.-China trade war as a clear winner. – U.S. companies are moving production out of China as Chinese unemployment rates waver, according to The Wall Street Journal, but some experts said that…
For the past two years, President Donald Trump has argued that China was paying the cost of the trade war. Following a delay in some of the tariffs from the latest round in the dispute with China, however, the president has acknowledged for the first time that tariffs have an impact on American families. “What…
Audrey Conklin The U.S. imposed a 15% tariff Sunday on Chinese imports valued at $111 billion in 2018 including tools, apparel, footwear and electronics, The Wall Street Journal reported. An second 15% tariff on $156 billion worth of Chinese smartphones, laptops, toys, video games, among other things, will be implemented on Dec. 15, according to WSJ. “Tariffs…