Unlike President Xi of China, President Trump Is Not President for Life

Unlike the president of China, Donald Trump is not president for life. This and the political realities of facing reelection in the 2020 presidential election will likely force Trump into eventually making a deal with China. The recent escalation in the trade war between the U.S. and China has investors, companies and Americans on edge, and for […]

Just Say No to Tax Reform 2.0!

Some in Congress are pushing for what they are calling “Tax Reform 2.0.” Americans should reply with a loud and clear “Two-point no!” Tax Reform 2.0 would be add insult to injury, piling even more debt on Americans while the impact on wage growth of the already passed tax reform is falling well short of […]

President Trump Right to Check Germany on Trade

President Trump hailed an agreement with European Commission President Jean-Claude Juncker in which the EU would buy more American products, work to lower tariffs on industrial goods and halt implementation of additional tariffs in the interim. While that provides some hope, remember that the president previously hailed an agreement with China in which it would buy more American goods […]

Trump Doubling Down on Questionable Tax Cuts A Bad Move

[et_pb_section admin_label=”section”] [et_pb_row admin_label=”row”] [et_pb_column type=”4_4″] [et_pb_text admin_label=”Text”] President Trump is reportedly considering giving an estimated $100 billion tax cut on the capital gains realized from the sale of assets such as stocks and bonds. It is estimated that $63 billion would go to a select 0.1 percent or approximately 140,000 Americans out of the approximately […]

China and Reagan Prove Tariffs and Quotas Can Work

China’s retaliatory tariffs will provide fodder for those arguing against tariffs.  However, China’s automobile industry has proven they can be effective while former President Reagan’s quotas on Japanese vehicles proved quoatas can also work.  What is indisputable is that with a more than $375 billion goods trading deficit with China, something needs to be done.  The question isn’t […]