Trade

Blue Wave 2.0 – The Sequel

In nature, waves are not solitary events. Another wave usually follows. The same is often true for politics. In 2014, the Republican party saw a wave of victories, spurred on by voter apathy and low turnout, resulting in broad based…

Trump may have single-handedly destroyed America’s soybean industry

China is by far the largest buyer of North Dakota soybeans. And they have stopped buying: CNBC: ‘Refugee’ soybeans in the Dakotas seek a home after China stops buying as part of its trade war with the US “Now that…

GM announces job cuts to offset higher steel and aluminum costs caused by Trump’s trade war

Donald Trump’s trade war keeps backfiring. CNN: GM offers buyouts to 18,000 employees General Motors is offering buyouts to more than a third of its white collar staff in the United States, as the company transitions to self-driving vehicles and…

A reminder: Marsha Blackburn and Kevin Cramer nominated Donald Trump for the Nobel Peace Prize

Marsha Blackburn is the Republican nominee for the U.S. Senate from Tennessee. Kevin Cramer is the Republican nominee for the U.S. Senate from North Dakota. These two, along with several other Republican politicians, have some questionable judgement. They think a…

Trump’s trade war continues to backfire spectacularly

The stock market just had a terrible week, total U.S. exports slid 7% in the 3rd quarter, soybean exports are down 97% from a year ago, auto exports are down 56% from a year ago, auto manufacturers are moving production…

Deb Fischer ignores trade concerns from Nebraska farmers and businesses – tweets support for Trump’s trade policy instead

A local panel of Nebraska farmers and manufacturers met in Lincoln on Wednesday to discuss various issues. One of the issues that came up was Donald Trump’s trade war. As tariffs continue to hurt Midwestern farms and businesses, their opinions…

Trump keeps telling his supporters that drug prices are going down – they’re actually going up

Among the many, many falsehoods and outright lies that Donald Trump has been presenting to his supporters at the fascist rallies he’s been holding this spring, summer, and fall, Donald Trump has been repeatedly spinning a story about how he’s…

48 Hours in the Presidency of Donald Trump: Hurricane Michael, Kanye West, Stock Market Crash, Climate Change Denial, Kid Rock, Campaign Rally, Fox & Friends

In the span of 48 hours, the 3rd strongest U.S landfall for a hurricane on record slammed into the Florida panhandle, and the Dow Jones plunged nearly 1400 points in 2 trading sessions. One would think these events would, or…

In April, North Dakota GOP Senate candidate called trade worries “hysteria” – North Dakota soybean prices have plummeted since then

In April of 2018, North Dakota GOP Senate candidate Kevin Cramer decided to comment on the very valid worries farmers in his state had about Trump’s burgeoning trade war, labeling these very valid worries as “hysteria”: Prairie Public News: Cramer:…

Trump’s Mexico-Canada trade deal was mostly already done by Obama – Trump threw that away and caused 2 years of unnecessary hardship for the Midwest

One of Donald Trump’s first actions as President was to pull out of the TPP, the Trans-Pacific Partnership. Washington Times: Donald Trump keeps campaign promise to abandon Trans-Pacific Partnership Putting into action his campaign’s tough talk on trade, President Trump…

Donald Trump’s U.N. speech was no laughing matter – it was straight out of Hitler’s playbook

Donald Trump was laughed at during his United Nation’s speech, an occurrence which has created the most headlines from the speech. While it is humiliating for our country that the President of the United States was laughed at during a…

Tariffs are a tax on the middle class – Trump is raising taxes on the middle class after cutting taxes for the wealthy

Donald Trump doesn’t understand trade. Donald Trump doesn’t understand trade deficits. Donald Trump doesn’t understand tariffs. And his ignorance has led to Donald Trump instituting a policy that is a massive tax increase on the middle class. First, let’s set…

Trump ratchets up trade war, putting consumers, auto companies, and farmers at even greater risk

Nobody wins a trade war. Trump has been told this many times, yet his ignorance of how trade works has led him to double down on his stupidity. NBC News: Trump just slapped new tariffs on $200B of Chinese imports…

Ford issues statement that proves Donald Trump has no idea what he is doing with regards to trade and tariffs

Update: Ford has now announced a $1 Billion loss and planned layoffs. Fortune: Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump’s Trade Tariffs, Report Says Read on to see how Trump’s amazing ignorance has adversely affected a…

Trump’s trade war is not working – Yet, GOP Congressional leaders who once opposed his trade war continue to do nothing to stop it

Donald Trump has ranted over and over again about the trade deficit. Pick a MAGA rally, and you will see him complain about the trade deficit with China or the European Union. Here’s but one of many examples: Donald Trump…

Trump’s trade war is hurting American auto companies – bad news for Michigan and Ohio

This is not what was promised by the President. Recent financial news for an iconic American automaker, Ford Motor Company, paints a bleak picture: CNBC: Moody’s downgrades Ford’s credit rating to one notch above junk bond status Moody’s downgraded Ford‘s…

Trump’s trade war continues to hurt Midwestern States – And the trade war is based on a lie

Name a Midwestern State, and you will find a State being hurt by Trump’s trade war. Wisconsin: US Chamber of Commerce: ‘They Walked Away:’ Three Wisconsin Industries Reeling from Tariffs Craig Baumann, whose family runs a 500-acre ginseng farm in…