China Trade Deal?
We’ve been saying ever since Trump trumpeted his new “deal” with China last week that nobody gets credit for partially fixing a problem they created themselves. Well, it turns out that it’s worse than that. Here’s the upshot from the Washington Post Finance people this morning: “[N]ews this morning that the Chinese want to hold more […]Continue reading
Tariffs, Trade Pacts, and Trade Wars
This week Trump announced huge new tariffs on imports of steel and aluminum. He lost his chief economic advisor, Gary Cohn, as a result. More than 100 Republicans in Congress have asked him to reconsider. And, the Republican head of the Senate Senate’s Homeland Security and Government Affairs Committee announced a review that includes asking […]Continue reading