Economics

April 6th, 2018
By: Trevor Hunnicutt & Kate Duguid – reuters.com – April 4, 2018 Graphic: Top U.S. trade partners & foreign holders of Treasuries – reut.rs/2CUqQB0 It took China just 11 hours to retaliate against the United States for proposing tariffs on some 1,300 Chinese products, but Chinese officials are holding back on taking aim at their largest American import: government debt....
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April 5th, 2018
By: Michael Stumo & Dan DiMicco — thehill.com – March 29, 2018 President Trump’s renegotiated Korea trade deal shows that the era of America’s unilateral trade disarmament is over. During the last 30 years, various academics and free traders have urged the United States to pre-emptively remove all of its trade barriers. The idea was to encourage other countries to...
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April 5th, 2018
By: Michael Stumo & Dan DiMicco — thehill.com – March 29, 2018 President Trump’s renegotiated Korea trade deal shows that the era of America’s unilateral trade disarmament is over. During the last 30 years, various academics and free traders have urged the United States to pre-emptively remove all of its trade barriers. The idea was to encourage other countries to...
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April 4th, 2018
By: Stephen Moore – townhall.com – April 03, 2018 Is it possible that Donald Trump is winning on trade? Last week, Trump apparently delivered two underappreciated victories as a result of his threat of stiff tariffs and renegotiated trade deals. First, Seoul has agreed to reduce long-standing non-tariff trade barriers that have reduced American exports to Korea. Though the details...
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April 2nd, 2018
By: George Will – nationalreview.com – April 1, 2018 Another fiscally ruinous entitlement is the last thing America needs. The recent bipartisan budget agreement, which indicates that ten-digit deficits are acceptable to both parties even when the economy is robust, indicates government’s future. So does government’s pregnancy, which was announced nine months ago by this tweet from Senator Marco Rubio...
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March 26th, 2018
By: Kurt Schlichter – townhall.com – March 26, 2018 Remember the Kobayashi Maru scene in Star Trek II: The Wrath of Khan? Sometimes, you end up with no good options. Donald Trump just had that happen to him with the omnibus abomination, though don’t be fooled by the passive voice – he deserves some blame for letting it come to...
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March 22nd, 2018
By: Haley Byrd – weeklystandard.com – March 22, 2018 Lawmakers in the House, racing a government shutdown deadline, voted 256-167 to pass a $1.3-trillion omnibus spending bill on Thursday afternoon, less than 20 hours after its 2,232 pages of legislative text were first released. The spending bill will keep the government funded through the rest of the fiscal year. Included...
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March 22nd, 2018
Source: House Passes $1.3 Trillion Spending Deal, to Mixed Reviews from Republicans | The Weekly Standard
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March 21st, 2018
By: Merrill Matthews – ipi.org – March 13, 2018 If President Donald Trump understood the balance of trade issue better, he’d be bragging about the rising trade deficit, because it’s correlated with a strong and growing economy. But he doesn’t, which creates the Trump Conundrum. The U.S. usually has a trade deficit in goods but a trade surplus in services....
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March 21st, 2018
By: Merrill Matthews – ipi.org – March 21, 2018 President Donald Trump has raised tariffs on steel and aluminum by 25 percent and 10 percent, respectively, and he appears to be itching to raise or impose even more tariffs. Since the disastrous passage of the Smoot-Hawley Tariff Act of 1930, in which Congress imposed high tariffs on goods across the...
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