Trade

Breaking: Trump to impose tariff on Canadian soft lumber

Featured image I just left the reception for conservative news media held in the Roosevelt Room of the White House late this afternoon. I will write up a fuller account later. For the moment I want to report President Trump’s announcement that he would be imposing a 20 percent tariff or tax on softwood lumber imported from Canada. President Trump was accompanied by Secretary of Commerce Wilbur Ross. He invited Ross to »

Trump nixes the TPP

Featured image President Trump was busy on his first “working day” in office. The Washington Post describes, albeit in loaded terms, the most important actions he took today. In my opinion, the single most important action was Trump’s executive order formally withdrawing the U.S. from the Trans-Pacific Partnership (TPP) trade deal. This move will have both economic and strategic consequences, and the strategic consequences may have economic ramifications down the road. I »

The Question of Trump’s Consistency

Featured image Tim Alberta’s National Review article, “Conservatism in the Trump Era,” is a terrific piece of reporting, well worth taking in. Among other questions, it looks at the notion of whether the new “economic nationalism” that Trump, or at least his amanuensis Steve Bannon, is working out in real time will confound or corrupt conservatism­—or make for an enduring Republican majority that scrambles the voter alignments of the last two generations. »

Branstad as Ambassador to China: More Interesting Than It Looks

Featured image In the stream of excellent appointments coming from Trump Tower, Donald’s naming of Iowa governor Terry Branstad as Ambassador to China hasn’t gotten a lot of notice, apart from the obvious point that farmers are the biggest free traders. That is true, of course, but a very smart reader with deep knowledge of international trade suggests that there is more to the Branstad appointment: Trump could well be making a »

Thoughts about thoughts from the ammo line

Featured image I recommend this week’s column by Ammo Grrll and agree with the insights she pulls from her pantry. However, her concluding insight raised a question for me. Here’s her conclusion: [W]hat the grievance peddlers are left with is a wholesale attack on “whiteness” itself. This might work with a few intimidated college students and guilty liberals, but it is not going to be a winning strategy for the vast majority »