Free Republic

On June 20, 2018 (83 FR 28710), the U.S. Trade Representative (Trade Representative) provided notice of an initial action in the Section 301 investigation of the acts, policies, and practices of the Government of China related to technology transfer, intellectual property, and innovation. The initial action was the imposition of an additional 25 percent ad valorem duty on products of China with an annual trade value of approximately $34 billion, effective July 6, 2018. The proposed modification is to maintain the original $34 billion action and the proposed $16 billion action, and to take further action in the form of...

In the current economic situation, it was to be expected for Wal-Mart (WMT) to thrive. It has always offered the lowest prices in groceries and other basic goods. Yet, in the good times, many consumers would refuse to shop at Wal-Mart for issues ranging from convenience all the way to, very simply, status. In the face of rising prices and economic uncertainty, those issues are mostly gone for a good chunk of the population. Consumers will do whatever is necessary to stretch their paychecks. Consequently, Wal-Mart has been able to report sales growth quarter after quarter for over a year...

Former Federal Reserve Chairman Alan Greenspan is warning of a sea change coming to the global economy. Greenspan says the glory days of low-cost imports from China are coming to an end, sending a wave of inflation to the U.S., reports Bloomberg. After a speech in London yesterday, Greenspan answered an audience member's question about whether China's rapid economic growth will translate into rising prices. Greenspan cited an index of import prices from China to the U.S. that revealed prices are already beginning to trend higher (see chart). The index "finally turned higher in the spring," said Greenspan. "It's saying...

The Interstate 69 corridor, a Mexico-to-Canada concept discussed since 1991, has received government recognition as a "corridor of the future," a designation that immediately means $800,000 in federal money for studies. Local officials say it could mean more trade in South Texas. The corridor -- a 2,680-mile international trade route from Mexico to Canada also known as the Trans-Texas Corridor-69 -- was one of two designated Tuesday as corridors of the future. Interstate 10 from California to Florida also received recognition. Hailed as a route that would facilitate trade resulting from the North American Free Trade Agreement, I-69's Texas portion...

Question: Is China’s plane to buy up the USA, bring in its Billions of people to further corrupt our voting system, so that the USA becomes a Chinese puppet? What will China due with all the money it is making, selling the USA its junk? So far it making big real estate purchases in California. One reason housing is so expensive. They are not BUYING American products, but are stealing our trade secrets. What will happen when they own ALL MANUFACTURING? Why else do they need all those SUPER HIGHWAYS? Seems that it all one way. Buy buying nothing and...

FEW issues find common ground among right-wing conservatives and left-of-center liberals. But the so-called "NAFTA Superhighway," potentially stretching from the Mexican border to the Canadian border north of Duluth, Minn., is apparently one of them. Across the political spectrum people have worked themselves into a frenzy over a massive futuristic transportation project that may simply be a figment of their imagination. Talk of a new north-south Texas toll road to accommodate extra truck traffic coming from Mexico has renewed bipartisan passion about the feared superhighway. There is almost a conspiratorial edge to some critics who are convinced that the "Trans-Texas...

Multiple superhighway plans, illegal immigration could destroy Republic Multiple NAFTA-related superhighways could slice the United States into economic and social regions, facilitate crime including drug trafficking and illegal immigration and shift huge amounts of money to the rich, critics of the paving plans have told WorldNetDaily. One leader even likens the prospects to "slavery" for the American people, because of the loss of control they would experience. "I don't have time to mince words about this. This is subjugation," William Gheen, a spokesman for Americans for Legal Immigration, told WND Wednesday. "What I'm trying to communicate is this: if you're...

A $491 million public-financing deal promoted by Florida Gov. Jeb Bush as a boon to commuters actually paves the way for shipping more cheap goods from China to the North American marketplace, charges a whistleblower. Ex-CSX Transportation employee Dave Nelson told WND the deal in Florida amounts to providing CSXT with a public subsidy. Money from the public purse will position the railroad company as a major freight carrier throughout Florida, transporting cargo containers filled with cheap goods coming into the NAFTA marketplace from China. CSXT is positioned to receive millions in the deal. Under the terms of the agreement,...

China-Made If you want to know why America has lost so many jobs, look around your house at all the stuff that is made in China. I bought an American-brand razor — made in China; an American-brand computer — made in China. Even my Confederate coffee mug, for heaven's sakes, is made in China. Of course, Americans know how to make ceramic coffee mugs, appliances, computers and whatever. But what they won't do is make those things for 59 cents a day and no benefits. The use of what amounts to slave labor in foreign countries accomplishes two goals for...