U.S. Growers, Ag Industry In Crosshairs Of Trump Trade War

soybean-harvest photo

By Lynda Bryant-Work “As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the outset of the Great Depression, vibrant international trade is a key component to economic recovery; hindering trade is a recipe for disaster.” Asa Hutchinson   Farmers across the United States expect to lose billions of dollars this year if the Trump trade war with China and other countries continues to escalate. The trade war comes at a tough time for farmers when prices for soybeans and corn have been stubbornly low. A February USDA report…

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Casualties Of Trump’s Trade War Begin To Emerge

Tariffs Ahead graphic

By Lynda Bryant-Work Trade War casualties pile up … “As we learned after President Herbert Hoover signed the Smoot-Hawley tariff at the     outset of the Great Depression, vibrant international trade is a key component to  economic recovery; hindering trade is a recipe for disaster.” -Asa Hutchinson Trump tariff casualties attributable to Donald Trump’s insistence on amping up the trade war he promised his voters, are beginning to surface as the economy bleeds jobs and prices begin rising. Industries that use steel and lumber are being hit with higher costs effecting…

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North Korea’s Kim Gets Cold Feet Before The Wedding – Put The Champagne On Hold

by Richard Cameron   In the last 24 hours, the narrative about the upcoming summit between Donald Trump and North Korean dictator Kim Jong-un, has pivoted from upbeat speculation of a grand diplomatic breakthrough between the two Koreas and the United States, to a ominous mass of clouds on the horizon. On Tuesday, North Korea’s state information ministry, KCNA (Korean Central News Agency) issued a statement in reaction to the commencement of the U.S.- South Korean joint military exercise named “Max Thunder” : “This exercise targeting us, which is being…

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Trump’s Anti-immigrant Policy – Hurting Graduate Schools And Global Competitiveness

A third-generation immigrant student graduates from university with his grandmother beside him.

by Tony Wyman The impact on graduate schools of Trump’s anti-immigrant policy If you attend a graduation ceremony this summer, one thing that is likely to catch your attention is the number of foreign-sounding names receiving advanced degrees, particularly ones in STEM (Science, Technology, Engineering and Math) fields. Many of these students are the second- or third-generation offspring of immigrants, legal and otherwise, entering the United States to make a better life for themselves and their children and grandchildren. Like many immigrants before them, they have taken advantage of the…

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Is Donald Trump Getting Played By Kim Jong-un? Is Trump Playing Us As Well?

by Richard Cameron   In the previous installment in our ongoing reporting on the specter of North Korea’s rogue behavior and the confused and dysfunctional handling of the threat by the Trump administration – we uncovered a fact pattern which strongly points to Kim Jong-un changing course on his nuclear program at the behest of China. In spite of that, the broad narrative of media coverage is focusing on the theater of Kim’s unexpected participation in diplomatic initiatives in February and even speculating that it might lead to a historic…

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Why North Korea Is Now Suddenly Adopting A Conciliatory Nuclear Posture

photo from North Korea news agency, of Kim Jong-Un sitting at desk on the tarmac of a missile launch site witnessing a missile test launch.

by Richard Cameron   The term “Hermit Kingdom” was coined in 1882, by William Elliot Griffis.  It has most frequently been used in reference to North Korea since the partition of Korea at the end of the Korean War – (although technically, there is only an armistice, not an actual peace agreement in place).  Hermit Kingdom, describes, to paraphrase the definition given in Wikipedia – any nation that has been walled off, either by force by a dictatorial regime or by collective assent, from the rest of the community of…

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Here’s The Problem With Trump’s Trade War: Trade Deficits Aren’t Necessarily Bad

WPA poster titled First Foreign Trade Zone - artist Jack Rivolta. Produced 1937 during New Deal trade initiative.

by Tony Wyman Trade War Between Trump And Credible Economists You could hit an imported Chinese golf ball into a room full of economists and have a pretty good chance of not hitting one who agrees with President Trump‘s trade kerfuffle with China.  Why?  Because, unlike the president, most economists think trade deficits aren’t a bad thing.  In fact, some even think they are good. How can that be?  Doesn’t it make sense that we are losing against China if they are selling us more than we are selling them? …

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Trump’s New Tariffs Set To Drive Up Cost Of Living

By Lynda Work Canadian lumber tariffs imposed in 2017 are already having an impact on the housing and paper industries and the new steel tariffs will make the crunch even worse. Home prices are set to be driven up making it difficult for young buyers and even the middle-class buyer to purchase a property. The steel tariffs tack on 25 percent to steel, which is used in home foundations, floors and high-rise construction, and 10 percent for aluminum from foreign suppliers. The Trump administration levied tariffs of more than 20…

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50 Years After MLK’s Assassination – A Tale Of Four Cities, Memphis To Beijing

video still of the Reverend Martin Luther King delivering his "I have been to the Mountaintop" oration in Memphis on April 3, 1968

by Richard Cameron Memphis and Martin Luther King’s Assassination On this day, 50 years ago, the Reverend Martin Luther King Jr. was shot to death. He had come to Memphis, Tennessee the day prior, to join in solidarity with Black city sanitation workers. They and King were known as ‘Negroes’ at the time – and that was the more polite term. The men were on strike to protest unequal pay and dangerous work conditions. While whites were paid even if they stayed home during severe weather events, blacks would be…

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Trade Wars: Rarely Won And Costly To Americans

Illustration of ocean cargo and the words, "Trade War"

by Lynda Bryant-Work “Trade wars are good, and easy to win.” So President Trump tweeted after announcing the United States would impose steep tariffs on imported. This after already imposing other tariffs that are directly affecting other American businesses and industry. But the Great Depression years would indicate that nothing could be farther from the truth. Trade wars are bad – call it the tariff trickle-down theory –  like real wars, they hurt people. Those who remember the last trade war or have even read about it know the damage…

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