Trade correspondent L.C. reports: President Trump has liberated the US from President Obama’s regulatory damage to the economy only to replace it with his own no less harmful trade damage. Over a year ago, Founders Broadsheet warned that the administration’s tactics would harm the US, and our concerns are now unfortunately coming to be validated. […]
Major escalation of US-China trade war by both sides
Trade correspondent L.C. writes: President Trump’s threatened tariff escalation against China – announced a week ago – has now come to pass. The Section 301 tariff rate of 10% on $200 billion of US imports from China has been increased to 25%. The tariff increase went into effect for goods leaving China after 12:01 a.m. […]
Death by acronyms at the UN
The UN’s new species extinction group IPBES is an offshoot of another UN doomsday group, the IPCC Recent doomsday predictions from the United Nations claim that millions of species are about to become extinct due to human activity and global warming. The predictions come from a new UN body called the Intergovernmental Science-Policy Platform on […]
Effect of Trump China tariff threat uncertain
Trade correspondent L.C. reports: The US-China trade talks apparently aren’t going as well as US and Chinese officials indicated after USTR Robert Lighthizer and Treasury Secretary Steven Mnuchin held talks in Beijing last week. In a threat that took most observers by surprise, President Trump tweeted on Sunday, May 5th: For 10 months, China has […]
Positive outlook for China, Japan trade talks; USMCA stalled
Trade correspondent L.C. reports: President Trump is moving to wrap up trade talks with Japan and China and to get Congressional ratification of the USMCA. The trade talks are moving toward possible conclusion by the end of the year, but the USMCA is running into opposition from trade unions and Democratic legislators in the House. […]
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