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Tariffs

News/Politics/World

Thomas Massie Backs Trump On Bilateral Trade: “His Intuition On Some Of These Things Is Right”

Although Rep. Thomas Massie (R-KY) strongly disagrees with some of the Trump administration’s trade policies, he was quick to point out some areas of common ground in an interview with Reason on Wednesday, particularly with regards to the World Trade Organization. “His intuition on some of these things is right,” Massie said. “I do not like the fact that Congress is now subservient to the World Trade Organization. Everything that you purchase has a country of origin label on it … but we were told in Congress a few years ago that the World Trade Organization had ruled and we were going… Keep Reading

News

Nigel Farage Exposes European Union Hypocrisy Over Trump’s Tariffs

President Donald Trump’s recently announcement that he was going to levy tariffs on foreign aluminum and steel has challenged the “free trade” consensus pushed by globalists throughout the world. The European Union has been particularly harsh in its criticisms toward the U.S. President. These criticisms, as pointed out by Brexit engineer and former UKIP leader Nigel Farage, are steeped in hypocrisy. “Thank goodness, a world leader is calling out the European Union. When Trump announced 25 percent on steel and 10 percent on aluminum as tariffs, the European Union were the loudest critics in the world, saying how dreadful it… Keep Reading

Economics/Politics

Metal-import Taxes Will Make America Rusty Again

President Trump deserves applause for boosting the prospects for this county’s forgotten manufacturing workers, notably in steel and aluminum. Democrats lately have neglected these Americans. Hillary Clinton barely campaigned among them in Michigan in fall 2016, and she thoroughly ignored them in Wisconsin. Alas, Trump is doing this all wrong. He likely will hurt the very middle class that he has championed since his escalator ride onto the political stage. Trump aims to protect U.S. metal makers with new taxes of 25 percent on foreign steel and 10 percent on overseas aluminum. “Tariffs” is just a jumped-up word for taxes on… Keep Reading

Economics/World

Trade Wars: Two Sides To Every Story

The purpose of this article is to objectively examine trade policy and its impact on the economy. While there will be discussion of government policy, our review is not negatively nor positively inclined towards any particular administration. During the presidential campaign trail, then Candidate Trump stated that he’d renegotiate trade deals to stop other countries from ripping America off. Following the election, for the first year of his presidency, it appeared there wouldn’t be any trade wars as promised. This belief existed because Trump met with Chinese President Xi Jinping last May in which he negotiated a deal to open… Keep Reading

News

Trump: Tariff Reductions In Exchange For NAFTA Rework

President Trump warned Canada and Mexico that tariffs on metal such as steel and aluminum will only “come off” if the nations reach a deal on a new trade agreement with the United States. “We have large trade deficits with Mexico and Canada. NAFTA, which is under renegotiation right now, has been a bad deal for U.S.A. Massive relocation of companies & jobs. Tariffs on Steel and Aluminum will only come off if new & fair NAFTA agreement is signed,” he tweeted on Monday. Trump abruptly announced last week that he seeks to impose tariffs of 25% on imported steel and… Keep Reading

trump
Economics

Awkward: Trump’s Wall Is A Progressive Policy

‘This Congress is going to be the busiest Congress in decades — maybe ever.’’ With these words, President Donald Trump urged fellow Republicans in Congress to help him halt illegal immigration by supporting his plan to build a United States-Mexico border wall. But a wall that isn’t erected by the private land owners bordering Mexican land owners isn’t a wall. It’s government spending. And if government is spending, someone else is footing the bill. That someone is you and me. Keep Reading

Economics/Politics

Free Markets At Home The Cure To Outsourcing Abroad

Fixing the outsourcing epidemic requires looking to treat the cause, not the symptom. The case for free trade is simple. Businesses should be able to locate where they want and import what they want. International free market activity is fundamentally parallel to that which occurs within U.S. borders. Thus, when everyone is doing what they are most efficient at, all benefit. For example, Floridians may be efficient at producing produce while Missourians may be most efficient raising livestock. Kansans may be best at growing crops while Pennsylvanians may be best at making steel. The same holds true internationally. The U.S.… Keep Reading

Economics/Philosophy/Tech

Is Buying American Really Being American?

On Monday night, “Dirty Jobs” host Mike Rowe joined Tucker Carlson on Fox News to discuss Ford’s and Chrysler’s respective plans to reinvest in U.S. manufacturing. Rowe, who is a proponent of technical and skilled jobs, told Carlson, “Get a skill that’s in demand, that’s really in demand, that can’t be outsourced. Plumbers, steamfitters, pipefitters, carpenters, mechanics, those men and women right now … can pretty much write their own ticket”. Rowe is right about skilled jobs. According to the Manhattan Institute, there are around a half-million U.S. skilled jobs that aren’t being filled. Millennials are spending their time in… Keep Reading

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