The Founding Fathers read all about free trade, Adam Smith’s “Wealth of Nations”, and wanted no part of it. They rejected free trade. Ricardo’s theory of Comparative Advantage (1817) didn’t lead us into a no-tariff economy either. The Founders knew what was best for our nation, and it didn’t include free trade. Read the article
When President Trump imposed tariffs on imported steel and aluminum, the old economic models espoused by globalist free traders predicted massive job losses. The Coalition for a Prosperous America (CPA) has proved that those old economic models were wrong. Read the article
It’s notable that the most popular model GM is axing, the Chevrolet Cruze, is produced at two plants: Lordstown, Ohio, and Ramos Arizpe, Mexico. The Lordstown plant is now slated for closure. GM is not closing Ramos Arizpe. Read the article
“We have been abused, used and cast aside by the Pacific Rim competitors who have dominated our market with cheap, inferior product,” Ney said. “Their ability to produce a product with government subsidies, while they’re tariffing our products coming in, it’s just hardly ever been a level playing field.” Read the article
If imported goods are more expensive, customers are more likely to buy American. That is precisely the point! Read the article
It is incredibly ironic that a group called ‘Americans for Free Trade’ recently reported in an article posted on thehill.com that import tariffs paid by businesses in October were $6.2 billion – the highest in United States history. Read the article
America needs to “go deep” to win the race against China for dominance in deep space. In particular, we need a national focus on the Space Launch System (SLS) if we are to preserve and maintain our leadership in deep space exploration. We not only need support from American industry but also from the American … Read More
China artificially manipulates its currency to lower the cost of its exports, and it has been going on now for many years. The United States has not held China accountable for this practice of currency manipulation, which violates the rules China signed on to when it joined the World Trade Organization (WTO) in 2000. Read … Read More
The issue at hand is reforming the current (and flawed) Renewable Fuel Standard (RFS), which was implemented by the Environmental Protection Agency (EPA) in 2005, and is advocated by small retailers, mom & pop owners of gas stations, independent U.S.-based oil refiners, and union workers. Read the article
In short, free traders mistakenly believe those who are negatively affected by the tariffs will outnumber those who will be positively affected. Put more simply, they believe the tariffs will “hurt more Americans than they will help.” Therefore, the tariffs are bad policy. Read the article
