Updated This past weekend, I was in North Adams, Ma. We did some exploring of the area and came across a company started in 1837 that still exists today in Buckland. It no longer produces there, as it has moved to Westfield, Ma. It’s only move in 178 years. However, it has not survived the trend of Capital Investment companies. Though, their being purchased does not appear to be a bad thing based on their website. This picture I took is why I am...
Read More »Reuters — U.S. sorghum armada U-turns at sea after China tariffs
Trade war in progress. Proceed with caution.ReutersExclusive: U.S. sorghum armada U-turns at sea after China tariffs Karl Plume, P.J. Huffstutter
Read More »Impact Assessment Of $60B China Trade Tariffs
The purpose of this article is to show how the proposed $60B trade tariffs on China will impact macro fiscal flows and investment markets. To assess this regulatory change, a balance of sectoral flow analysis has been used (following British economist Professor Wynne Godley's work)…. Seeking AlphaImpact Assessment Of $60B China Trade Tariffs Alan Longbon
Read More »Ginger Gibson — Large U.S. retailers urge Trump not to hit China with tariffs
“At the same time, we are concerned about the negative impact as you consider remedial actions under Section 301 of the Trade Act could have on America’s working families,” the letter stated. “Applying any additional broad-based tariff as part of a Section 301 action would worsen this inequity and punish American working families with higher prices on household basics like clothing, shoes, electronics, and home goods.”... ReutersLarge U.S. retailers urge Trump not to hit China with tariffs...
Read More »Asia Times World braces for first real shot of Trump’s trade war
‘This would be beyond a trade war. You're talking about blowing up the WTO’ The US Commerce Department finally released its report on investigations into steel and aluminum imports on Friday, recommending wide-ranging tariffs and quotas on products coming into the United States. It will be up to President Trump what he wants to do with the recommendations, though he has publicly indicated he sides with Commerce Secretary Wilbur Ross on the issue of trade restrictions. Cabinet members...
Read More »Rob Crilly — Justin Trudeau tells Donald Trump he will block Boeing contracts over Bombardier tariff row
The first trade war of the Trump administration is with — Canada! Not counting sanctions as trade war, of course. Sanctions are just war by non-military means. Justin Trudeau, the Canadian Prime Minister, told President Donald Trump on Wednesday he would block his country’s armed forces from buying Boeing aircraft if the US presses ahead with plans to slap import tariffs of 300 percent on Bombardier aeroplanes. The issue is threatening to ignite a trade war between the US, Canada and the...
Read More »Stephen S. Roach — America and China’s Codependency Trap
On August 14, President Donald Trump instructed the US Trade Representative to commence investigating Chinese infringement of intellectual property rights. Whatever the merit of such allegations, Chinese retaliation against US trade sanctions would almost certainly cause far more economic damage. Project SyndicateAmerica and China’s Codependency Trap Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, now a senior fellow at Yale University's Jackson...
Read More »Maybe Working-Class Trump Voters Aren’t Racist, But They Are Comcast
[unable to retrieve full-text content]Maybe Working-Class Trump Voters Aren’t Racist, But They Are Comcast: I swear the analogy makes sense when you read it…
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