China historically was an innovative country, bringing the world gunpowder, papermaking, printing and the compass. Current President Xi Jinping is seeking to Make China Great Again. Its technological abilities are…
China vs. U.S.A.
We’ve been observing the ebb and flow of trade negotiations between China and the United States with anxiety, hope and curiosity. The “trade war” — fought as mental combat, not…
The Good and the Bad in the USMCA
A trade war has been averted with few casualties, at least for now. And, as a result, the United States is in a better position to negotiate with China and…
Free Trade Doesn’t Exist – Especially With China
What’s free about trade? To put the free in free trade, the United States and its trading partners would have to eliminate special treatment for all products. Yet even in…
How Tariffs Will Damage the Economy
In our last post, we explained why tariffs will likely have a negative impact on the steel industry, resulting in fewer exports. But there are many other reasons for opposing…
China Syndrome
Back in the nuclear-fueled ’70s, “China syndrome” was a theory that the world would end with a meltdown from a nuclear reactor tunneling its way through to the other side…
Best Way to Address the Trade Deficit—Ignore It
For each of the past 42 years, America has imported more goods than it has exported. Before 1976, America had a trade surplus each year beginning with the end of…