U.S. charges Chinese national with stealing trade secrets: Justice Department
A Chinese national who worked for Monsanto before it was purchased by Bayer AG was charged in St. Louis, Missouri, on Thursday with stealing trade secrets for China, the U.S….
China adds coal power despite climate pledge: report
China plans to add new coal power plants equivalent to all of the EU’s current generating capacity, putting the world’s biggest emitter out of sync with its commitments to combat…
Jack Ma Says It’s Natural for U.S. and China to Have Problems
Jack Ma: “For so many years China and the U.S. have been working together. There’s a problem. That’s very natural. If there’s no problem, that’s not natural.” Watch the video
Two New Studies on Economics of Trade
And here you have the logic of free traders: “The goal of manufacturing is not to create jobs, it is to create things that people value. In an ideal world, all…
EU Pledges Restraint as U.S. Moves to Add Tariffs
Another example showing other countries do not always retaliate when import tariffs are applied: “The European Union signaled it wouldn’t immediately retaliate against new U.S. tariffs, seeking to avoid a…
Jim Cramer: What Matters After Today Is Earnings
There are now plenty of people in this country who want to buy American and NOT Chinese. It doesn’t matter whether the Chinese are making the product here or…
Briefing: Trade war, a primer
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…
GM Cutbacks Due to Offshoring, Not Tariffs
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…
Salem-Republic president supports Trump’s tariffs
“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…
Rockford furniture store warns Trump’s tariffs will spike prices
If imported goods are more expensive, customers are more likely to buy American. That is precisely the point! Read the article