By Robert Romano The first Democratic presidential primary debate is in the can, and it looks like the media and his Democratic opponents intend to protect former Vice President Joe Biden on the question of trade and not damage him in the primary. Biden voted for the […]

By Rick Manning China cheats. All of those who get worked up over negligible increases in U.S. tariffs on Chinese made goods, please remember this basic fact – China cheats. China manipulates their currency by artificially pegging it well below the dollar, and devaluing it further to […]

By Robert Romano President Donald Trump is broadening his trade message to foreign economies to include currency ahead of the G-20 meetings in Japan next week, blasting both China and Europe for competitive devaluations of the yuan and euro, respectively. On June 18, Trump tweeted , “Mario Draghi just […]

By Rick Manning President Donald Trump’s re-election kick-off event featuring overflow crowds gathered in Orlando, Florida could not be more different from his 2015 Trump Tower announcement of his intention to run for president. The 2015 event was treated as a media curiosity, rather than one that should be […]

By Robert Romano A long-standing bit of conventional wisdom holds that the Great Depression, which began in 1929, was worsened and made global by tariffs in the Smoot-Hawley tariff act of 1930, and that it was not until the 1934 Reciprocal Trade Act that recovery was possible. […]

By Robert Romano President Donald Trump and the State Department hammered out a deal with Mexico on June 7 that Mexico would do much more to prevent illegal immigrants from crossing the country into the U.S. on the southern border. The last-minute agreement avoided a 5 percent […]

By Robert Romano Did anyone notice the Fed inverted the yield curve? On May 23, the 10-year Treasury dipped below the federal funds rate, the benchmark interest rate set by the Federal Reserve that it currently has set for a range of 2.25 percent to 2.5 percent , and has stayed there since. As of June […]

By Robert Romano President Donald Trump shook things up in the U.S. relationship with Mexico by threatening on May 30 to raise tariffs on all goods out of Mexico to 5 percent, increasing from there, until Mexico gets control of illegal immigrants coming across the U.S. border […]

By Rick Manning Storms and record flooding continue to bedevil much of the farm belt with places like Nebraska , Iowa, South Dakota, Minnesota, Wisconsin, Missouri, Illinois, Oklahoma, Arkansas and Texas with many farmers fighting for survival and trying desperately to catch up on planting cycles in areas […]

By Richard McCarty Antitrust regulators at the Justice Department and the Federal Trade Commission (FTC) are setting their sights on Big Tech, and Amazon, may soon be under investigation by the FTC for monopolizing commerce. But this is not the first time Amazon has come under fire as […]