Billionaire Michael Bloomberg to Visit Minnesotans ‘Shortchanged by Donald Trump’ Wednesday

Michael Bloomberg’s presidential campaign announced Tuesday that the Democratic billionaire will make a campaign stop in Minnesota to discuss policies for people “shortchanged by Donald Trump.”

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Commentary: Delaying Tariffs Is Not the Answer to China’s Trade Practices

For the past two years, President Donald Trump has argued that China was paying the cost of the trade war. Following a delay in some of the tariffs from the latest round in the dispute with China, however, the president has acknowledged for the first time that tariffs have an impact on American families.

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Commentary: President Trump’s Trade War With China Is a Moral and Economic Fight for the Future of the World

Ask yourself if you were President, what would you do if you discovered that a foreign country has been waging an underground war against the nation you are sworn to protect surreptitiously killing tens of thousands of your people every year by pouring a drug so deadly that merely accidentally touching a small amount could kill you?

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‘New and Improved NAFTA’ Known as USMCA Would Prevent Outsourcing of Jobs, Steve Gill Tells Fox News

  President Donald Trump’s replacement for NAFTA continues to draw opposition from Democrats, something that Star News Political Editor Steve Gill discussed Friday on Fox News. Video of the interview is available here. Trump headed to Milwaukee to push for the United States-Mexico-Canada Agreement (USMCA), a replacement for the North…

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Commentary: The Trump Tariffs Could Help Prevent Another Great Depression by Talking Currency with China

Donald Trump, Xi Jinping

by Robert Romano   A long-standing bit of conventional wisdom holds that the Great Depression, which began in 1929, was worsened and made global by tariffs in the Smoot-Hawley tariff act of 1930, and that it was not until the 1934 Reciprocal Trade Act that recovery was possible. But this…

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Commentary: President Trump’s Deal with Mexico on Illegal Immigration Proof That Tariffs Work

by Robert Romano   President Donald Trump and the State Department hammered out a deal with Mexico on June 7 that Mexico would do much more to prevent illegal immigrants from crossing the country into the U.S. on the southern border. The last-minute agreement avoided a 5 percent tariff by…

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Vietnam Says Some Chinese Exporters Are Using Fake ‘Made-In-Vietnam’ Labels To Avoid US Tariffs

by Shelby Talcott   Some Chinese exporters are putting fake “Made in Vietnam” stickers to try to avoid U.S. tariffs, Vietnam alleged Sunday. Vietnam said in a government statement that it found dozens of cases where Chinese exports, including textiles, iron, steel, and aluminum, are being illegally transferred to Vietnam where fake stickers…

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Mexico Claims Funding for Migrant Caravans Came from Some Accounts in U.S.

  The Mexican government recently claimed that some funding for the “illicit support of migrant caravans” came from individuals within the United States. In a June 6 press release, Mexico’s Finance and Tax Secretariat announced that it has “blocked the bank accounts of various individuals and corporations that allegedly participated…

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Commentary: Trump Shows Value of Tariffs as Foreign Policy Tool

by Christopher Roach   The great American foreign policy debate began with the two parties’ divide over Vietnam. Until the Vietnam War, Republicans and Democrats more or less held to a consensus on the value of containment. After the war, Republicans favored unilateralism, a strong military, and clear-sighted pursuit of…

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GOP Divided on Trump’s Mexico Tariff Threat

by Jason Hopkins   Republicans in the House and Senate appear divided in their reaction to President Donald Trump’s threats to slap Mexico with incremental tariffs. “There is not much support in my conference for tariffs, that’s for sure,” Senate Majority Leader Mitch McConnell said Tuesday after a closed-door lunch…

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Top US, Mexican Officials Meet on Tariffs, Migrant Surge

  Top U.S. and Mexican officials are meeting Wednesday in Washington about President Donald Trump’s threatened 5% tariff on imported products from Mexico if it does not curb the surge of Central American migrants heading north toward the United States. With Trump in Europe for 75th-anniversary commemorations of D-Day, Vice…

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Former ICE Chief on Trump’s Tariff Threat: ‘I Agree With The President 100 Percent’

by Jason Hopkins   The former acting director of Immigration and Customs Enforcement (ICE) voiced unwavering support for President Donald Trump’s plan to tariff all Mexican goods if they don’t better enforce illegal immigration. “I agree with the president 100 percent and I agree with the tariffs,” Tom Homan, who…

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GOP Reportedly Considers Defying Trump on Mexico Tariffs

by Jason Hopkins   Republicans uncomfortable with the idea of a tariff war are reportedly mulling whether to vote against the president’s proposed tariff hikes against Mexico. A number of congressional Republicans could join their Democratic counterparts in a vote to block President Donald Trump if he moves forward with…

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China, Tariffs, Trade, Cost and Prices: An Explainer

by Rick Manning   Stock markets go up and down based upon the latest trade rumors. Predictions of price hikes make headlines, yet the inflation rate remains at the levels, 2.0 percent at last count, desired by the Federal Reserve. What is going on?  And is this even really a trade war with…

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Mexico Says It Will Negotiate with US Over Tariff Threat

  WASHINGTON — Mexico’s foreign minister says he has started negotiating with U.S. officials after U.S. President Donald Trump threatened to impose tariffs on Mexican products related to the migrant surge at the border. Marcelo Ebrard said on Twitter Friday that he had spoken to U.S. Secretary of State Mike…

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On Trump’s Newest Tariff, Minnesota’s Rep. Angie Craig Tweets, ‘Where Is the Adult in the Room Who Knows What the H*** They’re Doing on Trade?’

  Rep. Angie Craig (D-MN-2) sent a tweetstorm Friday night talking about President Trump’s new threatened tariffs on Mexico. “Where is the adult in the room who knows what the hell they’re doing on trade?” Craig continued by saying small businesses and farmers will be the ones affected by the…

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Commentary: Tariff Hawks Got It All Wrong When They Predicted ‘Another Great Depression’ from Trump’s America-First Trade Policies

Donald Trump

by Robert Romano   In 2016, when President Donald Trump ran on his America first trade agenda, much of the conventional wisdom was that, if implemented, his tariffs would wreck the U.S. economy. It would have the same impact as the 1930 Smoot-Hawley Act, and so the prediction goes, lead to…

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Commentary: China Left Trump with Little Choice but to Put 25 Percent Tariffs on $200 Billion of Goods

by Robert Romano   Just when it appeared that a new trade agreement with China was being finalized last week, Beijing abruptly attempted to change all the terms of the deal and walk back prior concessions that had been made to head off President Donald Trump’s threat to increase tariffs…

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New Tariffs on Chinese Products Go into Effect

  The United States has increased tariffs from 10 percent to 25 percent on $200 billion worth of Chinese imports. China on Friday said it “deeply regrets” the increased tariffs and will take the “necessary countermeasures” without giving any details. The increases are going into effect amid talks between Chinese…

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Commentary: America Needs Big, Beautiful Tariffs

by Spencer P. Morrison   Jonah Goldberg writes that President Trump supports tariffs because he is “truly ignorant of some of the most basic” economic principles—or he is “deceiving the public” to push a hidden agenda. Let’s not mince words: Goldberg’s implication is that Trump is either stupid or evil…

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Trump Just Secured Another Major Trade Victory

by Jason Hopkins   The European Commission approved U.S. soybeans to be used in the production of biofuels, a decision that will fulfill President Donald Trump’s demand that the European Union buy more of the product. “Today’s decision is new proof that the European Union is delivering on our commitments,”…

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Detroit Auto Show, and Industry, Prepare for Transition

The auto industry gathered in Detroit on Sunday, on the eve of the last winter edition of North America’s premiere auto show, as carmakers grapple with a contracting market and uncertainty in the year ahead. Concerns over the health of the global economy and a US-China trade war loomed over…

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Commentary: Contrary to Some Conservatives’ Slavish Devotion Free Trade Dogma, Trade Deficits Do Matter

by Spencer P. Morrison   Steve Hanke recently set out to prove “why President Trump’s trade message and protectionist policies are rubbish” in a Forbes article. Instead, the Johns Hopkins University economist exposed himself as a word-mincing, logic-twisting sophist – just like every other intellectual mercenary associated with the faux-libertarian propaganda mill that is the…

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Trump Team Holds China’s Feet to the Fire on Trade Negotiations

Donald Trump, Xi Jinping

by Jason Hopkins   As the Trump administration continues trade negotiations with China, the U.S. delegation is taking additional steps to make sure the Communist country follows through on its pledges. U.S. and Chinese officials met Monday in the Commerce Ministry in Beijing to begin their two-day trade negotiations. The…

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GM’s Mass Layoff Includes Eliminating a Hybrid Car Obama Once Championed

by Chris White   General Motor’s decision to restructure and layoff thousands of employees Monday includes eliminating a hybrid vehicle former President Barack Obama once called the car of the future for the Detroit company. GM said Monday that it will cut roughly 14,000 people in North America and will idle factories…

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As President Trump’s Successes with Trade Grow, Globalist Republicans’ Grip on ‘Free Trade’ Orthodoxy Slips

by Michael Noyes   Eight hours before the first polls closed on November 8, 2016, the late Charles Krauthammer appeared on Fox News and made a prediction. Should Trump win, he said, it would “irreversibly” change the Republican Party. “Particularly the most obvious issues will be immigration and trade,” Krauthammer…

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While Know-It-Alls Lecture on Tariffs Against China, Trump Dials Up New Trade Deals with UK, Europe and Japan

by Robert Romano   While President Donald Trump continues to bring the pressure to China, so far with 10 percent tariffs on $200 billion of Chinese goods shipped to the U.S., rising to 25 percent in Jan. 2019, which comes atop another 25 percent tariff on $50 billion of goods…

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Contrary to Nervous Nellie ‘Economic Experts,’ the Trump Economy is Booming with Elevated Aluminum and Steel Prices

Donald Trump

By Robert Romano   One of the conventional wisdoms to do with the tariffs and duties levied by the Trump administration on steel, aluminum and lumber is that they will lead to higher prices and inflation, hurting producers and consumers, thus stunting economic growth. For example, billionaire Charles Koch warned on July…

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Globalist Sen. Lamar Alexander Bemoans President’s ‘Shot to the Foot’ From Tariffs

Lamar Alexander

Sen. Lamar Alexander (R-TN) bemoaned President Trump’s “shot to the foot’” over tariffs on Fox News’ Journal Editorial Report. Tennessee’s senior senator, praising globalism, introduced the Automotive Jobs Act of 2018 Wednesday to delay the tariffs. He said, “Zero tariffs is exactly the right policy.” He also called for an…

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Bob Corker Attacks Trump with Likely Pointless Gesture in DC While POTUS is Traveling Overseas

Bob Corker

If you ever wondered how low Sen. Bob Corker (R-TN) might go in trying to disrupt President Trump’s agenda on negotiating better trade deals, yesterday may have provided the answer. Fox News‘ Chad Pergram took  to Twitter to cover the outgoing Senator Corker’s effort to create additional problems for President…

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Marsha Blackburn Praises President Trump’s Selection of Brett Kavanaugh for SCOTUS, Phil Bredesen Silent on the Pick

Marsha Blackburn, Brett Kavanaugh, Phil Bredesen

Rep. Marsha Blackburn (R-TN-07), the GOP candidate to replace retiring Sen. Bob Corker (R-TN) in the November general election, led Tennessee Republicans on Monday evening in praising President Donald Trump and his nominee for justice to the U.S. Supreme Court, federal appeals court judge Brett Kavanaugh. “Judge Brett Kavanaugh will…

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Big Business and GOP Fighting Trump on Tariffs, But Will it Work, Or Is It All Just Talk?

Donald Trump

Per Vox, Big Business and the GOP establishment are  teaming up to undermine President Trump’s America First agenda. Unsurprisingly, the effort is being led by The US Chamber of Commerce and is supported by many Senate Republicans. The largest business lobbying group in America is declaring war on President Donald Trump’s…

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Globalist Phil Bredesen Cuts Commercial Attacking President Trump on Tariffs

Phil Bredesen

Chuck Schumer’s hand-picked Tennessee Democratic U.S. Senate candidate Phil Bredesen went after President Donald Trump’s tariffs in a new television ad, “saying they hurt the state’s auto industry, farmers and exports like Jack Daniel’s whiskey,” according to this report. This may be the first time Bredesen has taken on Trump…

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Corker Won’t Quit Undermining Trump On Trade Negotiations

Mike Pence, Donald Trump, Bob Corker

According to a report by The Hill, outgoing Sen. Bob Corker (R-Tenn.) is pressing the Trump administration for details on the implementation of tariffs on steel and aluminum imports. As chairman of the Senate Foreign Relations Committee, Corker seems intent on making President Trump’s negotiating strategy as difficult as possible,…

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Lamar Alexander Sides With Corker Over Trump on Tariffs

Lamar Alexander

SuperTalk 99.7 WTN veteran broadcaster Brian Wilson, host of Nashville’s Morning News, interviewed Tennessee Senator Lamar Alexander today, who made it very clear he sides with outgoing Senator Bob Corker over President Trump on the tariff issue. The two men also discussed the recent Inspector General’s report, which was highly critical…

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