Category Archives: Trade War

How Trade Helps Both Sides – PIE

Interesting piece explaining comparative advantage.  Though it shows the gains,  those cake and pizza makers in each country get hurt.   We always propose taxing some of the gains from winners to help the losers.

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NAFTA Gets The Shafta

Scratch NAFTA and welcome in the United States-Mexico-Canada Agreement. The Best Deal In History Once again, sure to be spun as the “greatest trade deal in the history of the world,”  by both sides, for that matter,  but will not … Continue reading

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Protecting Workers Without Tariffs | Robert Shiller

Published on Sep 24, 2018 Why do so many Americans support the US-initiated trade war that Donald Trump is pursuing? The most likely reason stems from the job insecurity that free trade often creates, which is why governments must find … Continue reading

Posted in Economics, Trade War | Tagged , | 1 Comment

What Drives The Trade Deficit?

It’s the national savings-investment imbalance, Stupid! It is explained clearly by the following national income identity, which we have posted several times over the years. (S-I) + (T-G) = Current Account Balance (Foreign Savings)  (S-I) is the ‘private savings balance’ … Continue reading

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Massive Lavender Political Tsunami Forming

They’ll eat their words with a fork and spoon And watch ’em they’ll hit the road And all be surfin’ soon And when they catch a wave they’ll be Sittin’ on top of the world Catch a wave and your … Continue reading

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No Free Trader In The White House

Yesterday’s NY Times guest Op/Ed confirmed our suspicions about President Trump, Furthermore,  we don’t believe President Trump is a free trader at heart but more of a protectionist and neo-mercantilist.  There is no “Art of the Deal” – see his … Continue reading

Posted in Japan, Trade War, Uncategorized | Tagged , | 2 Comments

US-China tariffs in numbers – FT

As another round of tariffs are imposed by both countries in the trade war, the FT takes a look at some key facts and figures, as well as the types of goods affected Subscribe to FT.com here: http://bit.ly/2GakujT

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The United States-Mexico Trade Agreement

Another “Potemkin trade deal.” Nothing there and will not move the needle in bringing back jobs to the U.S., in our analysis. That is why, we believe,  the markets like it — little impact on profit margins and the prospect … Continue reading

Posted in Economics, Trade War, Uncategorized | Tagged , , , | 12 Comments

China’s Raises “The Other Nuclear Option”

We are on our way out to go fishing for the next few weeks but couldn’t let this pass without one last post. The current headline at the Drudge Report linking to a CNBC piece citing the People’s Daily (Chinese government press) … Continue reading

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The Blowback Begins: Ohio Farmer Vents On Trade War

Hope you all take the time to read this piece by an Ohio soybean farmer caught up in Trump’s trade wars. Tariffs hurt the many and help the few.  The “tyranny of the minority,” if you will, and that is … Continue reading

Posted in Agriculture, Trade War, Uncategorized | Tagged , , , | 35 Comments