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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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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White House Economic Advisor Gary Cohn Resigns, Trump Admin In Damage Control Mode

photo of White House Chief Economic Advisor Gary Cohn

by Richard Cameron   Gary Cohn, officially announced his departure from his position as President Trump’s White House Economic Advisor and head of the administration’s Economic Council this afternoon. Cohn, a former president of Goldman Sachs is in the cleaning out his desk mode and will vacate his office within the next several days. Cohn issued a statement: “It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform. I am grateful to the…

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