President Donald Trump announced last week he will add an additional 5% tariff on all Chinese products bought by Americans. This comes on top of an existing 25% tariff on $250 billion worth of products from China, and an additional tax on roughly $160 billion worth of goods is set to start Sept. 1. Given […]
(CNSNews.com) – Entities in Japan have surpassed entities in Mainland China as the top foreign holders of U.S. Treasury securities, according to the latest estimate published this month by the Treasury. In May of this year, the Chinese owned $1,110,200,000,000 in U.S Treasury securities and the Japanese owned $1,101,000,000,000. In June, however, Chinese ownership of […]
(CNSNews.com) – President Trump said Monday it would be “better to have Russia inside the tent than outside the tent” of the world’s leading industrialized countries, arguing that if President Vladimir Putin had been in the room during the just-ended G7 summit, the leaders could have solved several issues that are instead now “in limbo.” […]
by Jim Hoft President Trump yesterday announced that the US will increase tariffs on China and then ordered all US firms to begin seeking alternatives to doing business with China! The Chinese regime is in a lethal position and has only two choices. The regime can either give the US what it wants or perish. […]
US President Donald Trump announced via Twitter that he has postponed his trip to Copenhagen, Denmark, due to Danish Prime Minister Mette Frederiksen’s statement that she has “no interest” in selling Greenland. The trip had been scheduled after Trump and his wife, First Lady Melania, accepted an invitation to visit Her Majesty Margrethe II, Queen […]
Is government-facilitated re-importation of prescription medicines from Canada – a policy now supported by politicians as diverse as President Donald Trump and Senator Bernard Sanders – an issue of free trade, or a backdoor method of imposing price controls? That’s the way the question is usually framed in policy debates, but the great Nobel prize-winning […]
A week ago, I wrote about the turmoil in Hong Kong and pointed out that a crackdown would be bad for China’s already-faltering economy. I had a chance to again address the issue yesterday. What made this interview different is that it included a discussion of what Trump should do. My expertise is economics rather […]
While millions of Americans were vacationing this summer, the seemingly impossible happened in Washington: On July 17, Alexandria Ocasio-Cortez (D-NY), Nancy Pelosi (D-CA), Kevin McCarthy (R-CA), and Steve King (R-IA) all voted in favor of the same healthcare legislation. The bill in question, H.R. 748, sought to repeal the so-called “Cadillac Tax” imposed by the […]
Colombia, a major source of banana exports, has declared a national emergency due to the spread of a banana-eating fungus called Fusarium wilt tropical race 4, or TR4. Signs of the fungus were first spotted in northern Colombia in June, Science reported. The fungus has devastated banana plants across Africa, Asia, Australia, and the Middle […]
By Spencer P. Morrison Official estimates suggest that over 1 million people will illegally migrate into America in 2019. The Democrats welcome them with open arms — they have even offered to give them “free” healthcare. In doing so they betray their most stalwart voters: black Americans. How? Illegal migrants compete directly with black Americans for jobs, […]
