Our ally in multiple recent wars, the United Kingdom, is now paralyzed over its attempt to make an acceptable exit from the bureaucracy-encumbered European Union (EU). President Trump applauded this exit (“Brexit”) when it was first proposed, and he applauded the surge of British patriotism that supported it. The US President could now commit a […]
Basic economics says the Trump tariffs won’t affect the US trade balance in the least
The Trump Administration brought a bit more clarity to the Section 232 “national security” tariffs being imposed on steel (25%) and aluminum (10%). Korea and the US have meanwhile settled their differences, and the US and China are in negotiations. But there’s still lack of clarity as to how countries will be exempted from US […]
