Trade in goods deficit with China down 10 percent first half of 2019, or $18.8 billion

By Robert Romano The U.S. trade in goods deficit with China is down 10 percent in the first six months of 2019, or $18.8 billion, compared to 2018, according to the latest data from the U.S. Census Bureau . And that’s with the 10 percent tariffs President Donald Trump slapped on $200 billion of goods […]


Want to stop China from manipulating the yuan and the dollar? Bar it from buying treasuries, Mr. President.

By Robert Romano Don’t look now, but with China’s sharp devaluation of the yuan vis a vis the U.S. dollar, the Federal Reserve slashing its interest rate and and the Treasury designating Beijing as a currency manipulator, the 10-year-2-year treasuries spread may be about to invert. Meaning, one of the key […]


China proves it manipulates currency with immediate yuan devaluation upon new Trump tariff as Treasury acts with official designation

By Robert Romano “China has a long history of facilitating an undervalued currency through protracted, large-scale intervention in the foreign exchange market. In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in […]


Trump increases pressure on China for trade deal with new 10 percent tariff on the other $300 billion of goods while Chinese economy reels

By Robert Romano China has proven itself to be an unreliable trade partner in its negotiations, says President Donald Trump, and now he is levying another 10 percent tariff on $300 billion of Chinese goods that were untaxed. This comes atop the 25 percent tariff on another […]


Fed rate cut unsurprising in context of China and Europe devaluations, weak inflation

 By Robert Romano The Federal Reserve is cutting its key interest rate to a range of 2 percent to 2.25 percent, the central bank announced on July 31, citing slowing inflation. The statement noted, “overall inflation and inflation for items other than food and energy are running […]


The Trump economy remains strong enough as 2020 fast approaches

By Robert Romano The Gross Domestic Product (GDP) grew at an inflation adjusted 2.1 percent in the second quarter of 2019, upping the ante for the remaining quarters in order to get to 3 percent growth for the year, according to data compiled by the Bureau of Economic Analysis. The U.S. economy has […]


Congress should learn from EU failed sugar experiment and reciprocally end subsides globally

By Rick Manning The European Union succumbed to pressure from its candy industry and foreign sugar exporters to unilaterally end sugar subsidies in 2006 with the promise that consumers would be the big winners, an argument that is all too frequently heard in the halls of Congress.  […]


Trump, Barr set sights on Big Tech over antitrust concerns

By Robert Romano The Antitrust Division of the Justice Department is setting its sights on big tech firms like Google, Facebook, Twitter and Amazon in announcing a review of potentially anticompetitive activities that could be limiting consumer choices, hurting small businesses and some say even engaging in […]


Democrats’ forced labor unionization bill threatens jobs and tramples workers’ rights

By Rick Manning The Protecting the Right to Organize Act of 2019 (PRO Act) is a great illustration of just how radical and out-of-touch today’s Democrat Party is. The bill, which has 179 House Democrat cosponsors and 40 Senate Democrat cosponsors, would force millions of workers into unions they oppose and destroy jobs while lining the pockets of liberal fat cat donors. […]


Improving care for Medicare patients with community paramedicine

By Richard McCarty With continuously rising medical costs, an aging population, and a shortage of doctors and nurses, a more rational use of health care providers’ time is very much needed. Fortunately, the Trump Administration has been working on a policy to help with this issue. Starting […]

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