Keyword: trade
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I’ve looked and could find no information on which US steel manufacturers are providing the steel for the wall. Does anyone know?
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Tariffs on Chinese goods ‘could go to 50 per cent or 100 per cent’, Michael Pillsbury says. But the American leader is not pursuing ‘cold war 2.0’, and US-China decoupling would be a ‘consequence of no agreement’ by Beijing, he says. The United States is set to ramp up the pressure on China if a trade deal is not agreed soon, a key White House adviser said... Described by US President Donald Trump as “the leading authority on China”, Michael Pillsbury said in an interview in Hong Kong on Thursday that Trump had been “remarkably restrained in the pressure he...
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On the morning after the 2016 presidential election, CNBC interviewed Peter Navarro, who had been an economic adviser to the Trump campaign and would soon join the administration to advise the president on trade and manufacturing policy. Navarro outlined President Trump’s economic plans: cutting taxes, reducing regulation, cutting energy costs and reforming trade. He predicted strong growth and a Dow moving past 25,000 based on these pro-growth policies. The Trump administration has delivered on every one of those things, but you’d never know that from the mainstream media. Today, it’s hard to turn on the financial news, open a business...
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We wanted to find out what appeals to Donald Trump’s supporters and why they believe he deserves another term. The economy, the judges and a get-the-job-done attitude is just part of it. Here are their stories. BOSTON — His critics call him dangerous, unhinged and unstable, and 10 leading Democrat contenders and three Republican challengers would like to replace him. But less than five months from the Iowa caucuses, President Donald Trump enjoys the support of a solid majority of Republicans, and they have sound reasons to stick with their man despite the furor that continually surrounds him. According to...
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A high-speed transit system through the mountain corridor could serve as a major economic boon to communities on the Western Slope, according to a new study recently published by Development Research Partners. A high-speed transit system — likely in the form of a train that would carry passengers and light freight between Denver International Airport and Eagle County Regional Airport — was listed in the 2011 Record of Decision issued by the Colorado Department of Transportation and the Federal Highways Administration as a potential long-term solution to dealing with congestion on Interstate 70. Late last year, stakeholders — including the...
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Chief Elizabeth Warren, who lies constantly, has a plan to end corruption. Repeating her anti-government rhetoric, in a piece titled, END WASHINGTON CORRUPTION, Warren writes that big insurance companies and hospital conglomerates put profits ahead of the health and well-being of the American people, and dump piles of money into political campaigns and lobbying efforts to block any move toward Medicare for All. This comes from a woman who has no problem with unions and Planned Parenthood sinking a fortune into Democratic campaigns, including hers. She has no problem with their lobbyists or those of far-left groups. In order to...
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The leftstream media characterization of Joe Biden is that he is moderate, likable, and the most electable Democrat candidate. He is affable Uncle Joe, the self-made lunchbox-toting common man of the people. In truth, he is none of the above. Joe the Moderate The "Biden as moderate" canard is getting increasingly hard to defend. On the economy-, car-, and cow-killing $93-trillion Green New Deal, Biden was asked if it goes too far or is unrealistically promising too much. He answered, "No, no it's not." When previously asked if there would be any place for fossil fuels, including coal and fracking, in his administration, Biden answered,...
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This is funny in so many ways; especially for CTH readers who have a far better-than-ordinary understanding of the big picture Trump goals around China.(1) CNBC tweeted this story last night (note the date/time). (2) It is written exclusively from the perspective of the Goldman Sachs analysts who represent the U.S. multinational position. (3) However, the article was actually written on May 12, 13, 2019.What is funny about CNBC pushing this story, NOW, is how the claims within the CNBC story can be fact checked; and their predictions are, well, absurd (especially in hindsight). Keep in mind this was written...
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Full Header: The Three Issues The Democratic Debate Decided To Gloss Over To Prevent Embarrassing The 2020 Field As members of the 2020 clown show debated last night, three questions remained off the docket. Granted, there was a lot of Trump-bashing, some intense moments where the candidates slung mud at one another, and the reiteration of trash left-wing policies. One thing is clear: there is not a single person on that stage last night who can beat Donald Trump. It’s not even close. For the three-hours this breakfast was on, we learned that Democrats want to increase taxes, have a...
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Recent polls reveal a downgrade in President Donald Trump's job approval rating on the economy and show he's trailing in head-to-head match-ups against the leading 2020 presidential election Democratic candidates, but a majority of U.S. business leaders believe, at least for now, that he will win reelection. More than two-thirds of North American chief financial officers surveyed by CNBC say Trump will win the 2020 election, while a quarter say former Vice President Joe Biden, according to the results of the latest CNBC Global CFO Council survey for the third quarter 2019.
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Chinese consumers are not happy about higher prices and decreased supplies of food.  Yesterday, Chinese buyers snapped up "at least 10 boatloads of soybeans," according to Reuters, as the U.S.-China trade war showed signs of compromise.  The South China Morning Post reports: Beijing will allow Chinese businesses to purchase a "certain amount of farm products such as soybeans and pork" from the United States, according to the Xinhua report. "China's market is big enough and there's great potential to import high-quality US farm products." The official Xinhua News Agency reported on Friday that China's National Development and Reform Commission and the Ministry of Commerce made...
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President Donald Trump signaled Thursday that he may consider an interim trade deal with China. The president told reporters he would prefer a full agreement with the world’s second largest economy. However, he left the door open to thinking about striking a limited agreement with Beijing.
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PITTSFIELD — Philip Lapointe currently works for a burger joint in Pittsfield but has previous experience in sales that he would like to put to good use. So, it's only natural that the 34-year-old Pittsfield resident would be interested in working for Wayfair, which is currently hiring sales and service consultants for its new Pittsfield call center. "I applied because they have strong wages and seem like an employee-oriented company," Lapointe said Wednesday as he left the MassHire Berkshire Career Center on North Street following an interview with Wayfair representatives. Lapointe has plenty of company in his job search. Wayfair,...
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* Total US debt including all forms of government, state, local, financial and entitlement liabilities comes close to 2,000% of GDP, according to AB Bernstein. * The biggest potential load comes from entitlements, but is being pressured from rising levels of federal government debt as well. * The warnings about potential debt hazards come as the total federal debt outstanding has surged to $22.5 trillion. * A debt reform advocate says now is the time for the U.S. to tackle the issue, before recession hits. Total potential debt for the U.S. by one all-encompassing measure is running close to 2,000%...
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So much production in industries like steel is based on demand for more production, but should that demand falter, the whole system could come crashing down... Consider crude steel production, a test-tube example of how command economies get it wrong. In the mainland this stood in June (2017) at an all time monthly record of 73 million tonnes, five times the total production in all of Europe. Why is so much steel needed? ...to build more steel mills ...to build more shipyards, ...so that more ships can be built to carry more iron ore, ...to build more shipyards... What we...
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China’s exports unexpectedly fell in August as shipments to the United States slowed sharply... Beijing is widely expected to announce more support measures in coming weeks to avert the risk of a sharper economic slowdown as the United States ratchets up trade pressure, including the first cuts in some key lending rates in four years. On Friday, the central bank cut banks’ reserve requirements for a seventh time since early 2018 to free up more funds for lending, days after a cabinet meeting signalled that more policy loosening may be imminent... China’s August exports to the United States fell 16%...
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Democrats' Platform: Ban All The Things!
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China’s exports fell unexpectedly in August, as the trade war with the United States continued to hit the world’s second-largest economy. Shipments fell by 1 per cent in the month after growing 3.3 per cent in July in dollar terms, and below the 2.1 per cent growth expected by analysts in a Bloomberg poll. Imports in the month dropped by 5.6 per cent, leaving a trade surplus of US$34.84 billion, according to China’s General Administration of Customs. July’s expansion now seems like an anomaly, likely driven by front-loading as new tariffs of 15 per cent on about US$110 billion of...
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What a difference two weeks makes. Two Fridays ago, pundits seemed to be beside themselves over what was the latest flare up in the U.S.-China trade war. President Trump raised tariffs in retaliation for China’s retaliatory tariffs, he called Fed Chairman Jerome Powell an “enemy,” and the Dow plummeted 623 points while the Nasdaq closed 3% lower. Now it seems like trade deal optimism is back in the air. New formal talks between the U.S. and China have been announced for next month, and there are even high-level Chinese sources suggesting a breakthrough could occur at those meetings.
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Today’s Campaign Update (Because The Campaign Never Ends) Tired of all this WINNING yet? – This damn Trump economy just will not cooperate with all the Democrats and their media toadies who keep rooting for a recession. The U.S. Bureau of Labor Statistics jobs report released on Friday showed the Trump economy adding another 130,000 new jobs even as the economy approaches full employment. FED Chairman Jerome Powell called the report another sign of a growing and healthy economy, indicating that he sees no sign of any recession on the horizon. Democrats everywhere recoiled in horror. Other highlights of this...
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