Donald Trump initiated a trade war with China soon after taking office. His stated reason was to assist America's manufacturers that had been harmed by China's trade policies and low production costs. His idea was that if you make products manufactured in China more expensive to American consumers, they would buy similar items made in the United States. That might have worked 50 years ago, but the Trump Administration didn't take into consideration the dynamics of the 21st ce

Because of the slowing economy and recent Wall Street woes, Donald Trump is starting to look around for a scapegoat and you almost have to feel sorry for him...almost. He inherited a thriving economy from President Obama, got Congress to pass a massive corporate tax reduction package, and pumped up Federal spending and still there are signs that the economy is slowing and might enter a recession during his reelection year. So, he needs someone and/or something to blame before

With President Trump citizens are often put in the uncomfortable position of having to decide whether he is uninformed or simply lying. Not a great choice. For example, what to make of this tweet on Friday regarding our trade war with China... Trump on Twitter: "Talks with China continue in a very congenial manner - there is absolutely no need to rush - as Tariffs are NOW being paid to the United States by China of 25% on 250 Billion Dollars worth of goods & products. These m

Americans and US companies will be paying higher prices on many goods manufactured in China as the result of new 25% tariffs the Trump Administration levied last night. New York Times: "President Trump escalated his trade war with China on Friday morning, raising tariffs on $200 billion worth of Chinese goods and taking steps to tax nearly all of China’s imports as punishment for what he said was Beijing’s attempt to “renegotiate” a trade deal." "Mr. Trump’s decision to proce

President Trump has targeted another $200 billion in Chinese imports with tariffs starting next week. The tax levied on these goods will start at 10% and then increase to 25% at the end of the year. China has promised to retaliate, but hasn't yet outlined what form their response will take. Business Insider: "The Chinese Ministry of Commerce on Tuesday morning said it had "no choice" but to retaliate." "In order to safeguard its legitimate rights and interests and the global

It now appears as if the President has managed to use his executive powers to hurt our traditional allies, as well as many in his loyal voting base. Not only has he offended many long standing allies, spanning the globe, but his policies have put many U.S.- based companies in the position of having to consider shutting down or moving production offshore. Retaliatory tariffs from affected countries are being focused on iconic U.S. brands like Harley Davidson & U.S. automobile