"‘Trade War’ The term strikes fear into the hearts of globalists. They think of the tit-for-tat retaliatory tariff hikes in the late-1920s and early-1930s that exacerbated the Great Depression in the United States. The term is a just crusade for the dislocated. They demand their jobs back from foreign countries that have traded unfairly. ‘Trade war’ has no official definition. But, make no mistake: with its Section 232 action, slapping 25 percent tariffs on steel and 10 percent tariffs on aluminum, America confirmed it has launched one.
Raj Bhala, Distinguished Professor at the University of Kansas School of Law, talks about the one year anniversary of the Olathe shooting.
Washing machines will soon be more expensive. Whirpool felt pressure from foreign competition, and announced to slash jobs. The Trump Administration sided with Whirpool and decided to put tariffs on foreign made washing machines. This will increase the cost to consumers by $100 dollars a piece. The story of competition between washing machines is more complex than this one.
"An alternative to the Trans-Pacific Partnership has been struck. As announced last week, the revised deal is called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and does not include the United States.
"A Kansas trade law expert explained the significance of the trade sanctions cases involving washers and solar cells and solar modules whose results were released by the Trump administration earlier this week.
"What is happening in Iran, why, and who is involved?
"On India’s side are the Group of 33 developing countries. America’s allies include the European Union. To be sure, in Buenos Aires, the 164 WTO members will argue about several topics. But, no Conference issue is more important than food. It’s the one good all 7.8 billion people need. It’s the one good in which every country hopes to be self-sufficient, but can’t. It’s the one good that is both a human right and essential to national security. If the WTO cannot solve the 5-year long food fight, then what good is it?"