Category Archives: Tariffs

Global Tariff Strategy

grampslcf April 15, 2025 No Comments

White House National Economic Council Director Kevin Hassett appeared on Fox Business to talk about PDJT’s tariff agenda. This includes some clarifying discussion about semiconductor imports. Hassett also discussed new trade deals and the impact of the global trade reset on China.

The bubbly Hassett notes numerous countries are ready to sign new deals with America and there will likely be some announcements very soon. These may include individual country announcements as well as announcements about groups of countries.

Tariffs

grampslcf April 11, 2025 No Comments

Many American industries are praising PDJT’s tariff strategies. Most can see a substantial improvement coming in their ability to sell to foreign markets if the playing field is leveled as PDJT has promised.

Tariffs

grampslcf April 10, 2025 1 Comment

Margaret Brennan on Face The Nation went off on another one of her usual rants this time against what the administration is doing with the tariffs issue. Apparently Brennan is very worried about the penguins of Heard and McDonald Island being able to keep up with the orders for industrial equipment.

Commerce Secretary Howard Lutnick has to explain to Brennan just how the global markets work. Brennan gets a little pissy toward the end. Another Brennan interview where the gotcha questions get her instead of the person she is supposedly interviewing.

Tariffs

grampslcf April 8, 2025 No Comments

This is the first of what I am sure will be multiple posts about the tariffs that are being imposed on imports to our country. There are many people (experts and not so experts) who have chimed in with their thoughts on what will happen as we move forward into what is somewhat uncharted territory. Much of what is being spouted often reflects the ideology of the spouter.

Obama Created Trump Economy, Part 2

sunbeam February 21, 2020 Comments Off

Yesterday former President Obama’s ridiculous tweet that he was responsible for the roaring Trump economy was reviewed.

USMCA Passes

sunbeam January 17, 2020 Comments Off

The USMCA trade deal replacing NAFTA, passed by Mexico more than half a year ago, has finally passed both the Senate and the House in the United States. PDJT is expected to sign it next week. The deal is a major win for manufacturing in North America.

Despite broad bi-partisan support in both legislative chambers in this country, Speaker Pelosi had held up submitting the deal for a vote for months. Pelosi did not want PDJT to have a win in providing a better economy for all Americans. Eventually internal pressure within her own party forced her to move on the issue. No Democrat facing re-election wanted to be the target of voter angst because the Democrats were hurting Americans in their pocketbooks. It is also a certainty that the Democrats did not want PDJT pummeling them about the USMCA during his State of the Union address this year.

Has CNBC Lost Their Minds?

sunbeam September 17, 2019 Comments Off

Back in May, Goldman-Sachs came out and claimed that American businesses and consumers were bearing the full cost of the Chinese tariffs. This is funny in so many ways. If this were truly the situation, why are Chinese companies (and others) opening up plants in the US now? If this were the case, why are companies changing their supply lines away from China?

Let’s remember Goldman Sachs is a premier investment firm who controls assets in the tens of billions. Back in May, Goldman clearly did not believe that PDJT would follow through on more tariffs. They really just didn’t believe a U.S. President would ever go into a full economic confrontation with China. In this Goldman probably represents the majority opinion of the Wall Street ‘multinational’ community at that time.

Brexit To Go Forward?

sunbeam September 9, 2019 Comments Off

After a week that saw the British Parliament vote against the British people and the British government but for the unelected bureaucrats in Brussels, it appears that Boris Johnson may have been playing rope-a-dope with his opposition.

Brexit is the exit of the UK from the EU. The British people had voted for this a few years ago despite massive ad spending by multi-nationals and others to prevent it. Johnson was elected because the British people were tired of the constant stalling that was going on. October 31 was the latest deadline of multiple extensions previously agreed to by former PM Theresa May. If no deal was reached, then a so-called no-deal exit would take place.

The EU will never agree to any exit deal. They do not want an exit. Such an action would probably embolden a few other countries to consider the same move. The EU is top-down control over most of Europe by unelected bureaucrats. The EU is fighting to prevent their own extinction. Such extinction is probably inevitable based on current circumstances.

MAGAnomics

sunbeam August 19, 2019 Comments Off

PDJT negativism has changed. The Russian Collusion Hoax is officially dead. The use of this hoax to undermine the Trump Presidency has failed, spectacularly so at times. One can tell the hoax is done because the MSM and Wall Street have switched gears and are now trying to talk the American public into a recession. They know that, if they can succeed at this, then there might be a chance that a Democrat, any Democrat, someone who they could control, could win the Presidency in 2020.

This past week the pundits at the MSM were screaming about “an inverted yield curve” that they said foretold an impending recession. According to them it had not happened since 2007 right before the beginning of the Great Recession. Of course, this was a lie since this had happened last year and no recession has appeared on the horizon. Wall Street took note of the screaming and promptly lost 800 points.

Eureka!

sunbeam August 16, 2019 Comments Off

Eureka! An economic analyst who understands what is actually happening! This embedded video with Mohamed El-Erian accurately explains what is going on economically around the world. As Sundance at CTH, who has been saying this since PDJT took office, notes,

Finally an economic analyst gets prime-time media pundits to listen as he describes the fundamental difference between the U.S. “Economy” (Main Street) and the U.S. “Markets” (Wall Street). Charles Payne understands most of this, but El-Erian has it nailed.

Allianz Group chief economic advisor, Mohamed El-Erian, accurately describes what is happening in an era where deglobalization is taking place. The U.S. economy is strong; however, the multinationals on Wall Street -invested overseas- are exposed. Thus there’s a disconnect and accompanying market volatility.

This is well worth watching because this is the first well-regarded financial pundit that is speaking truth to Wall Street in terms the panel pundits will understand/accept.

There is an interesting slam of the Obama policies by the host at the 6:08 mark. Are more and more people coming around to the fact that Obama’s presidency was a disaster?