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The Latest News about trade

Mexico and Canada agree to renegotiate NAFTA after Trump threatens to pull out

Donald Trump success

President Donald Trump announced Thursday that both Mexico and Canada have agreed to renegotiate the North American Free Trade Agreement (NAFTA) just a day after the United States had threatened to pull out. On Wednesday, a CNN report announced that Trump was considering an executive order to end U.S. participation in NAFTA. The White House is currently mulling an executive ...

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Trump Stands up to Unfair Steel Trade Practices

Trump signs executive order

President Trump signed an executive memorandum Thursday prioritizing an investigation into unfair trade practices in steel importation. “As imports of steel to the United States continue to rise, an examination of foreign practices is urgently needed,” the White House said in a statement. Recent reports by the United States International Trade Commission (USITC) have found that steel imports injure the ...

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President Donald Trump’s schedule for Thursday, April 20th, 2017

Trump signs executive order

President Donald Trump will start his day with the presidential daily briefing provided by the intelligence community. At noon, the president will sign a Memorandum Regarding the Investigation Pursuant to Section 232(B) of the Trade Expansion Act which will likely require the State department to start a “232” investigation into imports from a certain country (China?) to determine if the quantity ...

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WATCH: President Trump Leads a Strategic and Policy CEO Discussion

Trump leads economic and policy discussion

President Donald Trump led a meeting as a follow-up with the Strategic and Policy Forum of 20 CEOs the president met with on February 3rd. The sessions are centered on the strategic agenda of five Trump Cabinet Members as they meet to discuss their strategic priorities with members of the Strategic and Policy Forum led by Stephen Schwarzman. “At the top ...

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White House Announces Withdrawal from TPP and Renegotiation of NAFTA

In a statement posted on the White House website, President Trump’s administration seems ready to live up to his promises on trade deals starting immediately. The announcement states that America will be withdrawing from the Trans-Pacific Partnership and requesting that the members of NAFTA renegotiate the terms of that agreement or the U.S.A. will withdraw from that agreement as well. ...

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Trump and China Engage in War of Words

trump-and-china-war-of-words

President-elect Donald Trump unleashed a Twitter storm at China on Sunday night and the Chinese used their State-run propaganda outlet to fire back. “Did China ask us if it was OK to devalue their currency (making it hard for our companies to compete), heavily tax our products going into their country (the U.S. doesn’t tax them) or to build a massive ...

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Clinton pushes dishonest message of economic nativism in attacks on Trump

In a testament to the facile trivialities to which nuanced and weighty policy issues have been reduced, Hillary Clinton’s campaign recently advanced a line of attack against Donald Trump’s economic policy which claimed the fact that various items from Trump’s clothing line are manufactured overseas proves the hypocrisy of his promise to “Make America Great Again.” The series of ads, ...

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The Evils of Political Tolerance Towards Rogue Regimes

The tolerance of an authoritative hand begets chaos, chaos in which dishonesty and maliciousness reign. Yet, it is precisely this hand of appeasement America has extended to the regimes whose antics resemble those of the lashing out of a petulant child. Dissidents in Syria, Ukraine and Cuba have called out to the United States for help. But the Obama administration ...

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What is the Trans-Pacific Partnership?

While the Trans-Pacific Partnership (TPP) has been in the works for a decade, only recently has it become front-page news. What is it about the TPP that so many find objectionable? What is the TPP trying to accomplish? The TPP has been negotiated in near-secrecy for a decade so its exact aims are difficult to discern. Some key objectives have ...

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The lies of free trade proponents

In his SOTU speech, Barack Obama announced that his Administration is (unconstitutionally and thus illegally) negotiating trade agreements with the EU and countries of the Pacific Rim. Free trade proponents – including Iain Murray of the pseudoconservative American Spectator – applauded him, as they are ideologically aligned with him. In defense of their (and his) free trade agenda, they have ...

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The New China Syndrome

When hearing a number of conservative (some real, some alleged) figures speak about China, the tone and rhetoric are usually a mix of concern, anger and fear. Donald Trump, one of the alleged conservatives, has spoken at length on the issue, which is probably a chief reason why he gained some traction while contemplating a run for president. Trump has ...

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America Goes Protectionist, Echos 1930’s Era Actions

Still thickly in the middle of the biggest economic catastrophe since the great depression, American policy makers are making anti-free trade decisions that are eerily similar to the protectionist moves made during the depression. The A.R.R.A. (stimulus bill), has provisions in it that only allow the money to be spent on “manufactured goods” that are made in America.  While a ...

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