Keyword: trade
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I would like to discuss something rather foundational. What do you think about this “new nationalism”? Do you think it's new? What does it mean? Does it mean putting America first? Does it, in fact, put America first? Has this new nationalism been tried before? It very much has. The phrase "new nationalism" was actually coined by Theodore Roosevelt in a speech he gave in Kansas on Sept. 1, 1910. In that speech, Theodore Roosevelt, a Republican, later to become a Progressive Party candidate, in essence denounced the Declaration of Independence, and embraced the new nationalism.
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https://youtu.be/7xX_KaStFT8 Eliminate 2 existing regulations for every new one enacted? That alone could fix miles and miles of our national problems.
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Philippine President Rodrigo Duterte has had a strained relationship with the U.S. since taking office in June, mainly because of U.S. criticism of his controversial — and often brutal — war on drugs. But he says he's hoping to get along with President-elect Trump. Toward that end, he's appointed real estate magnate Jose E.B. Antonio as a special trade envoy to the U.S. — and he just so happens to be the man building Trump Tower Manila. "Donald Trump himself is an icon of real estate," Antonio says on the website for the project. "He has been my reference for...
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Link only due to copyright issues: http://qz.com/842976/the-ceo-of-the-worlds-biggest-ad-agency-says-the-markets-are-right-to-rally-on-trump/
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We haven't really written much about the insane Theranos scandal, though we discussed it on our podcast. The whole story is pretty crazy -- involving a heavily hyped up company that appeared to basically be flat out lying to everyone about what it could do. The company still exists, but barely. The company's founder and CEO, who was plastered across magazine covers and compared frequently to Steve Jobs, has been banned from running a lab for two years, and the company is now facing a $140 million lawsuit from its biggest partner, Walgreens, who claims that Theranos repeatedly lied to...
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Donald Trump railed against the Trans-Pacific Partnership as a candidate, and now he plans to do far more as president. Trump said Monday in a video address that he would announce a US is withdrawing from the pact on his first day in office. Trump called the pact, a deal among the US and 11 Pacific Rim nations, "a potential disaster" for the nation. "Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back to Amerian shores," he said. Earlier Monday, Japan's prime minister discounted the idea of going ahead with the TPP without American participation,...
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WASHINGTON - Tulsi Gabbard is willing to go out on a limb. The Democratic U.S. congresswoman from Hawaii was one of the first Democrats to support Vermont Sen. Bernie Sanders, and now she is one of the first Democrats to meet with President-elect Donald Trump. Gabbard met with Trump and Vice President-elect Mike Pence on Monday morning, but Trump spokesman Jason Miller said it was “premature” to discuss Gabbard’s potential role in the Trump administration.
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Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Boies, 75, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Read: ‘Fraud is not a trade secret’: How a 27-year-old blew the whistle...
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"Turning his trade-bashing campaign talks into actual policies could bash any hope that the Asia-Pacific will finally have its much-wanted free trade deal," said a commentary in the official Xinhua news agency on Saturday. "Worse, it could drag his country and the wider world into deeper economic distress," added the agency, which is a barometer of government thinking. ... China's Xi is selling an alternate vision for regional trade by promoting the Beijing-backed Regional Comprehensive Economic Partnership (RCEP), which as it stands excludes the Americas. Chinese state media has warned Trump against isolationism and interventionism, calling instead for the United...
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Donald Trump's election will disrupt the global economic status quo and it has significant implications for our technology entrepreneurs as well. I have spent years advocating for practical change in U.S. trade and economic policy. I'm very proud that several of my colleagues in this fight have helped to develop the Trump economic program. That plan and their bold advocacy inspired America's working class and propelled Trump through the "Blue Wall" of the rust belt and into the White House. The promise of good jobs is what made the difference in this campaign despite all the protest over the candidate's...
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TAIPEI iPhones might one day soon carry "Made in America" labels. (full article available at link, not copied because it requires setting up an account)
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Beijing (AFP) - Chinese state-run media lauded Donald Trump Tuesday after a phone call between him and President Xi Jinping, saying that the president-elect's emergence could mark a "reshaping" of Sino-American relations. The pair spoke Monday, when Xi said that the two powers needed to co-operate and Trump's office said the leaders "established a clear sense of mutual respect for one another".
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Too often, when listening to politicians talk about what ails our economy, I feel like I'm watching a television medical drama. And I don't like doctor and hospital TV shows. It's a faulty formula. Early in the hour, a patient shows up in dire trouble. The doctors misdiagnose the ailment, and try various mistaken treatments. Eventually, with the patient's life hanging in the balance, somebody figures out what's really going on, offers a remedy, and viewers await the next episode. During the 2016 presidential campaign, there was a great deal of bad diagnoses served up on the U.S. economy. As...
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Apple iPhones and other U.S. goods could suffer sales hits in China if President-elect Donald Trump goes through with his "naive" plan of slapping a large import tariff on Chinese products, a state-backed newspaper warned on Sunday. During his election campaign this year, Trump spoke of a 45 percent import tariff on all Chinese goods while failing to outline how it would work. Should any such policy come into effect, China will take a "tit-for-tat approach", according to an opinion piece in the Global Times, a newspaper backed by the Communist party. "A batch of Boeing orders will be replaced by Airbus. U.S. auto and iPhone...
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In the 1895 “History of the Republican Party,” the authors declare, “the Republican Party … is the party of protection … that carries the banner of protection proudly.” Under protectionist policies from 1865 to 1900, U.S. debt was cut by two-thirds. Customs duties provided 58 percent of revenue. Save for President Cleveland’s 2 percent tax, which was declared unconstitutional, there was no income tax. Commodity prices fell 58 percent. Real wages, despite a doubling of the population, rose 53 percent. Growth in GDP averaged over 4 percent a year. Industrial production rose almost 5 percent a year.
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We’re about to find out. During his campaign, President-elect Donald Trump made some very confrontational statements on trade. He called the Trans-Pacific Partnership (TPP) the “rape of our country.” He suggested renegotiating, or even withdrawing from, the North American Free Trade Agreement (NAFTA). And he accused China and Mexico, among others, of “cheating” the U.S. in trade. At the same time, some of his proposals merely reflect current U.S. trade policy. For example, he said he would “instruct the U.S. Trade Representative to bring trade cases against China, both in this country and at the WTO,” which is already a...
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Anyone who thought Trump might be "Bush-like" in his eagerness to "cross the aisle" and "work with the Democrats" might want to look at his hires. He has named a hard-line immigration guy, a no-global-warming guy, and currently the name of Rudy Guiliani is being floated as Secretary of State. (I know, I preferred John Bolton, but Rudy absolutely will take no nonsense from any foreign dictators) I'm sure, for his support of Trump, Bolton will still be well rewarded, perhaps as head of DHS. I expect to see Sarah Palin, Sheriff David Clark, and possibly Jeff Sessions somewhere, although...
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President-elect Donald Trump plans to move quickly to fulfill some of his most controversial campaign promises related to what he derided as “job-killing” trade policies, according to an internal transition team document shared with POLITICO. Within the first 100 days, his administration will drop out of the Trans-Pacific Partnership, and 100 days after that it could withdraw from the North American Free Trade Agreement unless certain demands are met, according to the described policy road map.
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The Boston-based footwear maker has opposed the Trans-Pacific free trade agreement; rival Nike supports it New Balance Athletic Inc. may be the first corporation to get hit by backlash against President-elect Donald Trump. The privately held sneaker company—long an opponent of the proposed Trans-Pacific Partnership trade agreement—welcomed the election of Mr. Trump as a reprieve from the policies of President Barack Obama. “The Obama administration turned a deaf ear to us and frankly, with President-elect Trump, we feel things are going to move in the right direction,” Matthew LeBretton, New Balance’s vice president of public affairs, said in an interview...
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US President-elect Donald Trump has invited Theresa May to visit Washington in a phone call in which both stressed the importance of UK/US relations. Downing Street said Mr Trump had spoken of his warmth and personal connections with the UK while Mrs May congratulated him on his victory. Mr Trump, who mother was Scottish, said the UK was a "very, very special place for me and for our country". The two shared a "desire to strengthen bilateral trade and investment". Mr Trump has contacted a number of world leaders in the wake of his surprise victory in the US presidential...
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