The weekly trade report with L.C. Last Friday, March 27th, the Wall Street Journal quoted a senior administration official to the effect that “The Trump administration is preparing to suspend collection of import tariffs for three months to give U.S. companies financial relief amid the coronavirus pandemic.” Asked about this at a press conference the […]
President and Navarro against tariff relief as stimulus
The weekly trade column with correspondent L.C. Both President Trump and his trade adviser Peter Navarro are against the use of tariff relief as a stimulus to stem the economic decline that the coronavirus epidemic has caused. After the president dismissed the mounting number of demands for removing his unilateral tariffs, late on March 20th […]
Canada has ratified the USMCA
The Weekly Trade Report by L.C. Canada ratified the USMCA (United States-Mexico-Canada Agreement) sooner than anticipated. This is one of the few positive developments recently for a world economy badly rattled by spreading COVID-19 (Wuhan coronavirus) infections in Europe and the Federal Reserve’s foolish and unnecessary revival over the weekend of 2008 “anti-recession” measures. The […]
Progressive policies produce homelessness
by Richard Schulman Why is homelessness most severe in states and cities controlled by progressives? Most states reduced homelessness in 2018 and 2019. But nationally, homelessness increased by 3% in 2019. How is that possible? The answer, as noted in Forbes, is that The national increase is primarily due to a leap in homelessness in […]
Slowing the coronavirus spread and impact
The weekly trade report with L.C. With the world economy threatened with a major recession in the wake of the Wuhan coronavirus (“COVID-19”), the US has an important role to play in fostering a stable employment, trade and monetary environment. While it’s likely that the virus will spread to all the world’s countries, the rapidity […]
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