Free Republic

It will be a day at the beach for President Trump’s re-election campaign on Labor Day. The campaign is taking to the skies on Labor Day to fly banners over beach-goers to show its thanks for workers fueling the economy. “Labor Day is the perfect time to thank American workers for everything they do for our country,” said Tim Murtaugh, Trump campaign communications director. “Under President Trump’s policies, the economy is strong and growing, and more Americans are working than ever before. The American economy is the envy of the world and our American workers are the best on the...

as someone who has spent years with the knife edge of the Chinese Communist Party bearing down on my throat for my human rights work, I know that the president is on to something. Tariffs and economic threats may be blunt tools, but they are the kind of aggressive tactics necessary to get the attention of the CCP regime, which respects only power and money. ... It’s about justice, and doing what’s right for ordinary Chinese and American people. Presidents before Trump naively believed that China would abide by international standards of behavior if it were granted access to institutions...

The largest solar panel production facility of its kind in the Western Hemisphere is continuing to add staff at its $157 million factory in Dalton, Georgia, which began production six months ago. The Korean solar panel maker Hanwha Q CELLS is conducting a hiring fair Thursday in Dalton, Georgia, as it adds another 50 jobs at its 200,000-square-foot plant in the Carbondale Business Park in Dalton. The plant already employs 600 workers and is expects to reach full production — and to conduct a ceremonial ribbon cutting — in the next month. "Our first products shipped from the factory this...

As the world watches President Donald Trump wage a protracted trade war with China, many people are scratching their heads, wondering if he knows what he’s doing when it comes to my home country. Mr. Trump is regularly criticized for being unpredictable and erratic — praising Chinese President Xi Jinping one moment, then escalating the confrontation the next — for ignoring diplomatic conventions, and for upending a tense but supposedly workable economic relationship. But as someone who has spent years with the knife edge of the Chinese Communist Party bearing down on my throat for my human rights work, I...

<p>Support for the president rebounded in the past year, with 67% of farmers saying they’d back him for reelection in 2020, according to a survey of 1,150 growers carried out by Farm Futures between July 21 and Aug. 3. That’s up from last year, when backing fell to just under 60% following the introduction of Chinese retaliatory tariffs on American soybeans...</p>

No question about it—Bernie Sanders was born a Jew. So what? .... To a serious, practicing Jew, the fact that Bernie Sanders makes use of his Jewish birthright, is somewhat disturbing. Senator Sanders has done almost nothing Jewish throughout his entire life. His disdain for Israel, his recent support for Linda Sarsour, Rashida Tlaib and Ilhan Omar, his hatred of Prime Minister Netanyahu, makes him much more of a “Sonay Yisrael—an Israel hater,” than a supporter of the Jewish state. So why is it that a Jew, who has dropped virtually everything Jewish from his life, from keeping Kosher to...

“We are talking to China, the meetings in September, that hasn’t changed,” Trump told reporters Sunday on the White House South Lawn after returning from Camp David. Tariffs went into effect early Sunday on $112 billion of Chinese imports. The 15% tariffs cover a wide range of consumer goods, including everything from certain types of clothing and shoes to some consumer electronics like cameras and desktop computers.

Last week, my brother-in-law stopped by here in Southern Maryland for an overnight visit with my nephew. They were driving from New Hampshire to South Carolina, where my nephew attends college. Prior to the visit, I thought I’d get a new tablecloth and placemats to show off my cooking and decor abilities. I thought I’d get a new lightbulb to replace one from a set of multiples in the bathroom vanities. Maybe a new soap holder. Maybe a new computer desk lamp. Little things to make the house look nice. Stuff that I’d buy at the spur-of-the-moment from my local...

Iranian President Hassan Rouhani said that the United States should “bow down before the Iranian people” in a speech this week. Rouhani also indicated that he would not meet with President Donald Trump unless there was “repentance” on the part of the United States. “Those who have imposed sanctions on our people, and have carried out economic terrorism—any change in our conduct toward them must start with their repentance,” Rouhani said on Aug. 27, according to a translation from Arabic from the Middle East Media Research Institute.

The United State has imposed sanctions on a leading Chinese state-owned company for importing Iranian oil. The sanctions placed by the U.S. State Department bar Zhuhai Zhenrong Corporation, one of China’s largest state-run oil companies, from “engaging in foreign exchange, banking or property transactions under US jurisdiction,” London-based Financial Times reported. “As part of that maximum pressure campaign, I am announcing that the United States is imposing sanctions on the Chinese entity Zhuhai Zhenrong and its chief executive Youmin Li,” Secretary of State Pompeo told reporters on Tuesday. While the U.S. sanctions have deterred almost all foreign buyers in Europe...

It sounded like a historical moment was in the offing. For the first time, Europe’s finance ministers were seriously planning on publicly denouncing tax havens by presenting a black list of countries that lure companies through tax-saving schemes. French Finance Minister Bruno Le Maire said the countries on the list were “not doing enough to fight tax evasion.” Fellow Frenchman Pierre Moscovici, the European Union’s commissioner for economic and monetary affairs, called for vigorous sanctions. […] That was one and a half years ago, and that momentum has largely disappeared. This is partly because the black list had several fundamental...

Actor and producer Isaiah Washington, who famously joined the anti-Democratic Party #WalkAway movement earlier this year, said Monday that closeted conservatives in Hollywood are “cowards” for not voicing their beliefs out of fear of being blacklisted. “I have a message for the Hollywood Actors DM’ing me and revealing that you’re Conservatives,” wrote Mr. Washington, best known for his roles in the CW’s “The 100” and ABC’s “Grey’s Anatomy.” “Don’t DM me again, because you all are lame and I don’t respond well to hypocrites or cowards,” he wrote. “You’re no different than the bystander that is waiting on the blood...

My pastor recently told me that 25 years ago, the first person that people would contact when they faced a marriage crisis was their pastor. Ten years ago, he continued, it was their counselor or psychiatrist. Today, it’s their lawyers. A recent study conducted by the Associated Press and the University of Chicago concurs. “Doctors, teachers, members of the military,” and scientists are, according to the survey, esteemed “more positively than clergy.” Among infrequent churchgoers, clergy are viewed as negatively as lawyers. (For the record, that last line came from a member of our editorial team who’s been admitted to...

The correct answer in economics begins with "It depends ..." Do U.S. consumers pay tariffs on products imported into the United States? Free traders repeat that a tariff is a tax and that consumers always pay it. Your child or grandchild will fail his Economics 101 mid-term without an understanding of the elasticity of demand and the elasticity of supply. The demand curve for a particular product can be elastic or inelastic. That is, demand can be sensitive to price or insensitive to price. You have heard of the supply and demand curves. But those curves are different for different...

The public continues to hear or read that President Trump's trade policies are hurting the U.S. economy and destroying our relationship with the world and hurting the U.S. consumer.  They say the tariffs are especially harmful and causing price increases.  I am having trouble finding factual data that support those talking points.  Why do we see general statements in the media instead of the actual data? Here are some of the data: In 2016, the last year of President Obama, exports were $1.45 trillion, and imports were $2.19 trillion. In 2017, the first year of President Trump, exports were $1.55 trillion (up around...

WASHINGTON/DECATUR, Ill. (Reuters) - The Trump administration on Wednesday made official its extra 5% tariff on $300 billion in Chinese imports and set collection dates of Sept. 1 and Dec. 15, prompting hundreds of U.S. retail, footwear, toy and technology companies to warn of price hikes.

Over the last few weeks, we've been exploring the competing narratives about the US economy -- with the White House insisting that all is well, as many in the media hype up the possibility of a coming recession.  My general conclusion at this point has been that while there are some soft spots and genuine warning signs, the economy's fundamentals remain quite strong.  Unemployment has been quite low, the job market has been quite robust, and wage growth has broken free from years of frustrating stagnation.  We also recently received positive news on other indicators, including productivity, retail sales, and...

When the White House decided to levy tariffs on goods from China, U.S. leaders were divided on whether a prolonged trade dispute was a wise course of action. Now, so is Beijing. China's leadership is being confronted by government factions offering contradictory approaches to resolving the ongoing trade war with the U.S. Some argue for cutting a deal as quickly as possible to save China's economy; a vocal and growing group of hawks argues China should push back against the United States and avoid an agreement at all costs. As U.S. and Chinese negotiators head into their 13th round of...

One day later, China is still insisting no phone calls took place over the weekend that President Donald Trump claimed showed its willingness to talk again. “I have not heard of this situation regarding the two calls that the U.S. mentioned in the weekend,” Chinese Foreign Ministry spokesman Geng Shuang said at press conference on Tuesday. He had denied on Monday that the calls had taken place. “Regretfully, the U.S. has further increased the tax rate on China’s exports to the U.S. This extreme pressure is purely harmful to both sides and not constructive at all,” Geng said, according to...

China and the United States traded punches last week in the ongoing trade dispute, after China announced tariff increases on $75 billion of U.S. agricultural and other goods. The Trump administration responded by ending a delay in the imposition of U.S. tariffs on $300 billion of Chinese goods and by tacking on a five percent increase in overall tariffs to boot. But President Trump landed a haymaker on Sunday at the previously scheduled G-7 meeting when he announced that the Japanese would replace China’s broken corn purchase promise with $7 billion of agricultural product purchases. The bilateral deal will also...