Recently, the US housing crisis has begun to be noticed by journalists if not yet by politicians. The most tragic expression of the crisis is the nation’s growing homeless population, but its effects are being felt all the way up the economic ladder to the top rungs of the middle class. Houses are more expensive […]
Administration wins steel tariff case; Court review likely
Trade correspondent L.C. reports: President Trump’s 25% tariff on steel has now become a constitutional issue likely to end up at the Supreme Court. On March 25th the US Court of International Trade (CIT) in New York ruled against a steel users’ group, the American Institute for International Steel (AIIS), which argues that Section 232 […]
Maintain momentum but no unforced errors, please!
Democrats and their hyper-accusatory media discredited themselves in a two-year-plus effort to brand President Trump and his campaign as having colluded with Russia to win the presidency. Indeed, leading figures in the Obama administration may have broken the law in pursuing this effort– an issue that Senate Judiciary Committee chairman Lindsey Graham (R-SC) wishes to […]
Tariffs on German cars high on Trump trade agenda
Trade correspondent L.C. reports: The President’s threat to impose Section 232 (national security) tariffs on automotive imports moved to the front of the trade agenda this week. His main target seems to be imported German cars, but Japan and South Korea are worried they might also be hit. New auto tariffs are widely opposed by […]
Euro Parliament advises against US-EU trade deal
Trade correspondent L.C. reports: Hope for a US-EU trade deal received another blow, this time from the European Parliament. On March 14th, a resolution for giving the EU’s executive – the European Commission – a mandate for pursuing the negotiations failed. Opposition to the mandate came largely from the Parliament’s leftist members. The resolution would […]
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