News

Democrats gilled Trump trade chief Jamieson Greer during a hearing before the House Ways and Means Committee on Wednesday, accusing President Donald Trump's administration of taking a "shoot first, then aim" approach to tariffs.Rep. Judy Chu, D-Calif., made the accusation during her questioning of Greer, and many Democrats expressed confusion about what President Donald Trump's goals are and how quickly they might be accomplished."I must point out that there are […]

The tariff tit-for-tat between the U.S. and China escalated again Wednesday, with President Donald Trump saying that he is immediately raising the tariffs on Chinese goods to 125% over Beijing’s "lack of respect" toward America, while pausing and lowering reciprocal tariffs on other countries."At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or […]

For decades, the use of tariffs was considered a smart economic move to protect American entrepreneurship and markets for domestic producers.They were in place as America surpassed Great Britain in the late 1800s and early 1900s as the preeminent nation and economy in the world.They were in place during the Roaring Twenties -- first by the Emergency Tariff Act of 1920 and then the Fordney-McCumber Act of 1931.LEGENDARY ECONOMIST SAYS […]