Trade

Mnuchin Goes Manchurian

Update 382 — Mnuchin Goes Manchurian:Trump’s Tariff Policy Bites His Base, Mostly Treasury Secretary Steven Mnuchin said last week regarding President Trump’s tariff policy that “We have not yet seen any impact on the U.S. economy.”  Secretary Mnuchin might get out of the Yale Club more.  Like to Missouri, where the farmers have lost the …

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Export-Import Bank Reauthorization

Update 357 — Ex-Im Bank Reauthorization; Bizarre Bugbear of Incoherent Opposition If ever there were a government program a Trump administration could love, it would be the Ex-Im Bank.  It finances American trade and jobs and supports critical industry, including national defense contractors, doing so at a profit to taxpayers. Yet, to run the Bank, …

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Democrats and Rural America

Update 355:  Democrats and Rural America as Trump Gives Farmers Crumbs, not Cake Last week, the Trump administration announced a $16 billion aid package for farmers in an effort to bail out those affected by the continuing trade war with China.  But the bailout sop may not be wooing rural Americans. Per Bill Gordon, vice-president …

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What do Amazon and the GM Layoffs Portend? (November 27)

Update 314 — An Economy Shifting Gears: What do Amazon and the GM Layoffs Portend? Major tidal shifts and cross-currents underlying the changing American industrial landscape have been on full display in recent weeks.  Last month, Amazon announced it was going to base its second headquarters out of both New York and Virginia, promising to …

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Much Ado About Detroit (Aug. 9)

Mike & Co., Trump delivered a speech before the Detroit Economic Club today on the theme of “economic renewal for America,” featuring an overhaul of his published plan for tax reform.  An adumbration of previous policy pronouncements and clarity as to his vision of the economy and how to achieve it was widely anticipated. But …

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