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Keyword: freetrade

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  • Major Deal After Brexit: UK Strikes Historic Free Trade Deal With Japan As Brussels Threatens To Abandon Talks

    09/11/2020 8:02:55 AM PDT · by SeekAndFind · 7 replies
    Nation and State ^ | 09/11/2020 | Tyler Durden
    After a solid nine-month stretch that was blissfully devoid of major Brexit-related news as the global COVID-19 pandemic raged on, we declared last night that Brexit talks "suddenly matter again" as the drop in the pound was blamed - incorrectly, as Bloomberg later determined - for triggering yesterday's intraday declines in US markets. But on Friday morning, American traders awoke to some surprisingly positive trade news out of Great Britain. A trade deal with Japan had been agreed to in principle, which would - if finally ratified by both countries - allow 99% of the UK's exports to Japan...
  • iPhone Maker Foxconn Says China's 'Days as the World's Factory Are Done'

    08/12/2020 7:59:37 PM PDT · by texas booster · 15 replies
    MacRumors ^ | Aug 12 2020 | Joe Rossignol
    China will no longer be the world's manufacturing epicenter going forward, according to Apple's largest supply chain partner Foxconn, which has been gradually expanding its operations in other countries amid the U.S.-China trade war. "No matter if it's India, Southeast Asia or the Americas, there will be a manufacturing ecosystem in each," said Foxconn chairman Young Liu, according to Bloomberg. Liu boldly proclaimed that while China will continue to be a key location for Foxconn's factories, the country's "days as the world's factory are done." The report claims that Foxconn's manufacturing capacity outside China is now 30 percent of its...
  • China, Unquarantined

    06/06/2020 4:40:04 PM PDT · by CDB · 7 replies
    National Review ^ | June 4, 2020 | Dan Blumenthal & Nicholas Eberstadt
    Excerpt: COVID-19 shows the dangers that the Western world ignored when it embraced the CCP imperial dynasty The COVID-19 pandemic is the single greatest global peacetime catastrophe that humanity has suffered since the end of the Second World War. Barely months into what promises to be a multiyear disaster, the pandemic has already cost America alone over 100,000 lives, tens of millions of jobs, and trillions of dollars in lost output, income, and wealth. The ultimate toll for the world as a whole from this pandemic — both the direct and the indirect consequences — may still lie beyond imagining....
  • How to cope when coronavirus wipes out toilet paper supplies

    03/06/2020 5:39:33 PM PST · by familyop · 92 replies
    New York Post ^ | March 6, 2020 | Yaron Steinbuch
    Forget face masks, toilet paper rolls are flying off the shelves...Newspapers and wet wipes are not designed to be flushed, but water is--and is the preferred method in many parts of the world, according to Metro UK,...The news outlet provides a hands-on guide on how to clean up after nature calls: --Fill the lota with lukewarm water. --After doing your business, remain on the throne and lean forward, back or to the side. --Pour copious amounts of water on the appropriate location. --Use your hand to aid in the cleansing. --Wash your hands thoroughly and dry up.
  • Dead man lies on an empty street at China's virus ground zero

    01/30/2020 9:03:26 PM PST · by familyop · 58 replies
    Agence France-Presse ^ | January 31, 2020 | AFP
    A grey-haired man wearing a face mask lies dead on the pavement at ground zero of China's virus epidemic, a plastic shopping bag in one hand...there are only a few passersby and they dare not go near him...A woman standing near the man...said she believed he had died from the virus. "It's terrible," she said. "These days many people have died."...In the two hours that AFP observed the scene, at least 15 ambulances passed by, attending other calls. Finally, a white van with blacked-out windows arrived to take away the man. The body was zipped into a yellow surgical bag,...
  • US-Mexico-Canada Agreement Offers Freer Trade, More Jobs

    12/23/2019 8:06:14 PM PST · by Tolerance Sucks Rocks · 7 replies
    The Daily Signal ^ | December 18, 2019 | Kay Coles James
    President Donald Trump’s United States-Mexico-Canada Agreement is finally up for a vote this week—just in time for Christmas. After nearly a year of delay, this gift for the American people represents an opportunity for freer trade and a chance to grow our economy, reduce prices on many goods, and increase our exports to the world, creating more and higher-paying jobs in the process. As we all know, just like with other Christmas gifts, you also can get the occasional ugly sweater that you really didn’t want. The same is true here. Some compromises were made to get USMCA through Congress,...
  • Liberal Policy Failures Are the Reason for Socialism’s New Appeal

    11/07/2019 4:09:12 AM PST · by Tolerance Sucks Rocks · 7 replies
    The Daily Signal ^ | November 7, 2019 | Victor Davis Hanson
    Multiple forms of socialism, from hard Stalinism to European redistribution, continue to fail. Russia and China are still struggling with the legacy of genocidal communism. Eastern Europe still suffers after decades of Soviet-imposed socialist chaos. Cuba, Nicaragua, North Korea, and Venezuela are unfree, poor, and failed states. Baathism—a synonym for pan-Arabic socialism—ruined the postwar Middle East. The soft-socialist European Union countries are stagnant and mostly dependent on the U.S. military for their protection. In contrast, current American deregulation, tax cuts, and incentives, and record energy production have given the United States the strongest economy in the world. So why, then,...
  • China tariff are off for now, US caves. (Vanity)

    10/11/2019 1:44:16 PM PDT · by central_va · 133 replies
    Fox News - Cavuto ^ | 10/11/19 | Self
    On Cavuto show that the tariffs scheduled to go into effect cancelled.
  • ‘We were wrong’: Koch strategy against Trump’s trade falls short

    09/20/2019 6:04:42 PM PDT · by spintreebob · 20 replies
    CNBC ^ | 9-19-2019 | Brian Schwarz
    The political network funded in part by billionaire libertarian Charles Koch is going to try a new strategy against President Donald Trump’s trade war with China after conceding that its previous campaign hasn’t worked. Koch network leaders said Thursday that their digital and TV ad blitz that emphasized how Americans could experience financial pain from the tariff fight wasn’t panning out the way they had hoped. “The argument that, you know, the tariffs are adding a couple thousand dollars to the pickup truck that you’re buying is not persuasive,” a senior Koch official says. he political network funded in part...
  • Senators Perdue and Daines Travel to China to Undercut President Trump on Trade Negotiations

    09/03/2019 7:00:40 PM PDT · by central_va · 94 replies
    gatway pundit ^ | 9/3/19 | Jim Hoft
    Chinese Vice Premier Liu He met with a delegation led by US Senator Steve Daines and Senator David Perdue here on Tuesday. Liu, also a member of the Political Bureau of the Communist Party of China Central Committee, said Sino-US relations are related to the stability and prosperity of the world… …Speaking of the great importance of US-China relations, Daines, also co-chair of the US House of Senate US-China Working Group, and Perdue, said they are not willing to see economic and trade conflicts between the two sides, adding that they will continue to play positive roles in deepening mutual...
  • Tariff Delay Is Trump’s Christmas Gift to China

    08/19/2019 6:55:54 AM PDT · by Thalean · 8 replies
    American Greatness ^ | August 19, 2019 | Spencer P Morrison
    CNN reports that President Trump’s aides persuaded him to delay the imposition of the latest round of protective tariffs, previously scheduled for September, until December 15, 2019. How? They claimed new tariffs would “ruin Christmas.” Peter Navarro, Trump’s director of trade and manufacturing policy, defended the move saying that this was Trump’s, “Christmas present to the nation.” Nothing could be further from the truth. Not only would tariffs not perceptibly increase the price of toys, this schizophrenic shift in policy empowers the president’s political adversaries and enriches greedy multinational corporations and China. It is fairly obvious to anyone who has...
  • America Needs to Lead the Way in Free Trade

    08/12/2019 5:54:52 PM PDT · by Tolerance Sucks Rocks · 11 replies
    The Daily Signal ^ | August 9, 2019 | Derek Hosford and Tori Whiting
    The United States is not doing enough to promote free trade and the elimination of trade barriers around the world. In fact, it’s doing just the opposite and imposing barriers on billions of dollars’ worth of imports. As a result, new trade restrictions implemented by World Trade Organization member countries have reached historic highs. Over the last two review periods, new trade restrictions totaled $588.3 billion and $339.5 billion, respectively. For the previous two periods, new trade restrictions totaled roughly $100 billion or less. The latest figures present a worrisome and unpredictable climate that is harming the overall health of...
  • How Not to Score a Goal in the Global Trade War

    07/04/2019 12:42:33 PM PDT · by Kaslin · 66 replies
    Townhall.com ^ | July 4, 2019 | Veronique de Rugy
    President Donald Trump likes to keep score. Well, here's a score for him: America, zero; while the rest of the world keeps tallying up free trade points. That's right; while American consumers have been waiting for well over a year to see some resolution to the various trade disputes started by Trump, other countries have agreed to lower their tariffs against each other and signed free trade agreements with one another. Meanwhile, American consumers and exporters are drowning in a sea of high tariffs. Let's recap. For the last year and a half, the president has unilaterally imposed tariffs...
  • Vietnam, European Union sign free trade agreement

    06/30/2019 12:50:39 PM PDT · by Olog-hai · 6 replies
    Associated Press ^ | June 30, 2019
    Vietnam and the European Union signed a free trade agreement on Sunday, opening opportunities to further boost trade between the euro bloc and one of Southeast Asia’s biggest manufacturing nations. The agreement, which was signed by European Commissioner for Trade Cecilia Malmstrom and Vietnamese Trade Minister Tran Tuan Anh in Hanoi, Vietnam’s capital, will eliminate almost all tariffs for goods traded between Vietnam and the EU’s 28 member countries. “It is a special day for relations between the EU and Vietnam. The agreement has opened a new horizon for the development of both sides,” Vietnamese Prime Minister Nguyen Xuan Phuc...
  • Free Trade and the ‘Cheap Goods’ Delusion

    06/25/2019 7:00:19 AM PDT · by Thalean · 20 replies
    American Greatness ^ | June 22, 2019 | Spencer P Morrison
    Between 1348 and 1352 a monstrous plague—the Black Death—ravaged Europe. The disease struck young and old, men and women, saint and sinner alike. Half the population died. Whole cities disappeared. Western Civilization was on the brink of collapse. What caused this plague? Bad smells. Foul odors. The stench of decay. This was considered unequivocal, scientific fact—that is until we invented the microscope and discovered that an entire world of miniature animalcules existed right under our noses. In time we realized that these creatures caused illness: germ theory was born, and with it died the centuries-old miasma theory of disease. Received...
  • Rare-Earths Mining Shows Exactly How China Cheats The United States Through ‘Free Trade’

    06/24/2019 10:46:31 AM PDT · by SeekAndFind · 14 replies
    The Federalist ^ | 06/24/2019 | Kyle Sammin
    The United States and China have traded since the early days of our republic, but only recently has the scale of that trade become a political issue. More than any other point, Donald TrumpÂ’s rhetoric against outsourcing to China gave him the blue-collar Midwestern votes that made up his margin of victory in 2016. His election was a break with the generation-long bipartisan consensus that more and freer trade is better, whether the trading partner is a liberal democracy that respects the rule of law or a communist dictatorship where unfree people labor in unsafe conditions for government-suppressed wages.Even...
  • Billionaire Kochs to Financially Back Democrats Pushing Amnesty, Free Trade

    06/09/2019 8:41:02 PM PDT · by bitt · 83 replies
    Breitbart ^ | 6/9/2019 | John Binder
    The pro-mass immigration Koch brothers’ network of billionaire, donor-class organizations is readying to financially back Democrats, so long as they promise to support amnesty for illegal aliens and vote to advance free trade at all costs. In a memo to its staff, the Koch-funded Americans for Prosperity (AFP) organization announced that the economic libertarian group is set to back any elected official in Washington, DC, — including Democrats — who support their agenda of amnesty for illegal aliens and endless free trade, and oppose the GOP voter-preferred economic nationalist agenda of less immigration and tariffs to protect American jobs. The...
  • It's More Than the Economy

    06/06/2019 6:09:24 AM PDT · by Kaslin · 2 replies
    Townhall.com ^ | June 6, 2019 | Scott Rasmussen
    For more than a generation, James Carville's campaign maxim, "It's the economy, stupid," has been held up as an essential truth of American politics. There's no denying that a strong economy is an incumbent president's best friend. Seventy-three percent of voters currently rate the economy as a very important issue. As a result, if the economy remains strong for another 1 1/2 years, many analysts believe President Donald Trump will be favored to win reelection. On the other hand, if a recession hits next year, we will almost certainly have a new president in 2021. However, recent data about the...
  • Mitt Romney warns of harmful consequences for American consumers if Trump imposes tariffs on Mexico

    06/02/2019 12:04:17 PM PDT · by Trump20162020 · 159 replies
    The Salt Lake Tribune ^ | June 1, 2019 | Thomas Burr
    Sen. Mitt Romney warned Friday that President Donald Trump’s proposed tariffs against Mexico were the wrong approach and could harm Americans more than they help curtail illegal immigration. “A tariff targeting Mexico that negatively impacts our own interests will only end in a waiting game of increasingly harmful consequence to the American people,” Romney said.
  • ‘New chapter’ in Africa’s history: World’s largest free trade zone to become reality this week

    05/28/2019 6:59:12 AM PDT · by dynachrome · 12 replies
    RT ^ | 5-27-19 | RT
    According to statistics, cited by the ministry, when the agreement enters into force it will affect more than 1.2 billion people, with a total domestic product of about $3.4 trillion. It will cut duties on 90 percent of goods on the continent. The deal could boost intra-African trade by 52.3 percent, the UN said. Rwandan President Paul Kagame hailed it as a “new chapter in African unity.” The African Union’s trade commissioner Albert Muchanga told Fortune: “When you look at the African economies right now, their basic problem is fragmentation.”