The commercial war between the world’s superpower and the Chinese dictatorship has affected the U.S. economy, which has dropped from an annual rate of growth of 4 percent to 2 percent.
A leader of Latin America’s anti-imperialist left turned into Washington’s docile poodle.
According to Bloomberg, the cost of tariffs may soon exceed the benefits of tax cuts for middle earner households by a big margin.
Whatever one thinks of Trump tariffs on all Mexican goods, a key back story is not being reported in the establishment media.
Congress should repeal all those Trump tariffs and refuse to allow the president to impose more.
Apart from practical difficulties and impossibilities, a Trumpian trade triumph, even if it could be achieved, would be a horrible objective to attain.