Will China dump its $1.1 trillion of treasuries in retaliation for the 25 percent tariffs on $250 billion of goods? Why President Trump should say, ‘Bring it on!’

By Robert Romano On May 10, the South China Morning Post published a report, “Will China use its US$1.2 trillion of US debt as firepower to fight the trade war?” speculating that China might have potential leverage against the U.S. after President Donald Trump levied 25 percent tariffs on a total of now $250 billion of Chinese goods. But that’s all it is: […]


Cartoon: No more kowtow


Why China left Trump with little choice but to slap on the 25 percent tariffs on $200 billion of goods

By Robert Romano Just when it appeared that a new trade agreement with China was being finalized last week, Beijing abruptly attempted to change all the terms of the deal and walk back prior concessions that had been made to head off President Donald Trump’s threat to […]


North Korea’s missile test happened just as trade talks with China broke down. It is no coincidence.

By Robert Romano It is no coincidence that just as U.S. trade talks with China were breaking down last week, North Korea on May 4 conducted its first missile test since Nov. 2017. As a result, separating the trade issue from the national security concerns of North […]


49-year low in unemployment resets recession clock, gives Trump room to negotiate on tariffs with China

By Robert Romano For those who are hoping, for political purposes, that the U.S. economy will start tanking before the Nov. 2020 presidential election to make it more likely that President Donald Trump will be ousted in his reelection bid, you might want stop reading right now. […]


Democrats, Republicans and Canada team up to deny Trump trade victory on U.S.-Mexico-Canada Agreement

By Robert Romano Congressional Democrats are threatening to derail the new U.S-Mexico-Canada Agreement (USMCA) trade deal that is supposed to replace the North America Free Trade Agreement (NAFTA), saying that enforcement of Mexican labor provisions in the deal are inadequate. Under the new deal, Mexico would recognize […]


Government shutdowns don’t cause recessions. The Trump economy grew at 3.2 percent in the first quarter.

By Robert Romano The U.S. economy grew at an inflation-adjusted 3.2 percent annualized in the first quarter of 2019, putting it on track to get to 3 percent for the year for the first time since 2005, according to data compiled by the Bureau of Economic Analysis. The startling data […]


Comcast’s ugly history of intellectual property theft

By Rick Manning Today is World IP day, a day dedicated to raise awareness of how patents impact our daily life and to celebrate creativity, and the contribution made by creators and innovators to the economic vitality of our nation. Intellectual property rights are foundational to capitalism […]


The odds of a recession before Nov. 2020 are dropping

By Robert Romano It looks like the odds that a recession will occur before the presidential election in Nov. 2020 are dropping. That’s undoubtedly great news for the American people economically, if disappointing to those hoping to oust President Donald Trump next year. A month ago, the […]


Unemployment claims lowest since 1969 despite workforce twice the size as Trump economy roars ahead

By Rick Manning The U.S. Labor Department reports that for the third week in a row, unemployment claims have hit low levels not seen since September of 1969 and that the less volatile four-week moving average has reached lows last achieved in November of 1969.   What makes this […]

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