Despite expressing his preference for bilateral trade deals rather than multilateral “free trade” regimes that erode the sovereignty of multiple nations, President Donald Trump and his top officials have indicated that a new version of the North American Free Trade Agreement (NAFTA) is almost ready. A number of disagreements remain, but negotiators reportedly expect to have them worked out very soon. Senior U.S. administration officials are even said to be plotting wild schemes to ram the “modernized” NAFTA regime through Congress. But opposition among Americans and their elected representatives is growing louder.
Despite arguing that the World Trade Organization has no authority over the issue, the Trump administration has agreed to enter into a WTO “dispute settlement” scheme with the Communist Chinese dictatorship. The Trump administration argues that the primary disagreement, which surrounds U.S. tariffs on steel and aluminum imports, is a matter of national security, and therefore beyond the purview of the globalist WTO. Instead, U.S. authorities countered that the regime in Beijing was actually violating international trade rules. Unfortunately for Americans, though, allowing the WTO to meddle in or even overturn American policy represents a grave threat to U.S. sovereignty and self-government.
The mass-murdering communist dictatorship enslaving Vietnam is urging the U.S. government to join the controversial Trans-Pacific Partnership (TPP), a pseudo-free trade regime that was set to ensnare a dozen nations around the Pacific rim under a single regional governance structure beyond the reach of voters. Blocked by President Donald Trump early in his presidency to fulfill one of his key campaign pledges, the TPP morphed into the nearly identical “free-trade” scheme known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) signed by the remaining nations on March 8. But now, the effort to shackle America to the sovereignty-stealing “trade” regime is making a comeback, with senior U.S. officials and Trump making noises about potentially joining. And the murderous communist leaders of Vietnam, who just got a new round of U.S. military aid in the omnibus, could not be happier.
New claims for unemployment insurance dropped last week to the lowest level in 45 years, as the performance of the economy continues to astound Democrats and delight Republicans who voted for tax cuts and tax reform.
Remington Arms Company — America's oldest gun maker — will survive bankruptcy proceedings. Under new and more capable management it may even thrive.
Once Wall Street traders read beyond the headlines released early Wednesday morning by the Bureau of Labor Statistics, they reversed the early selloff and bid the market higher.