China now has accumulated $3.8 trillion in convertible currency reserves. This has happened through their escalating balance-of-trade surpluses with America – they sell to us much more than we sell to them. In the process, China has been instrumental in putting many of our American manufacturers out of business.
On the trade issue, there's an enormous amount of editorial chatter, but almost no actual economic analysis. Surprising, but true. Read More
One of the largest farm groups in the United States is stepping up its campaign against the Trans Pacific Partnership. Read More
He said that he thinks the only reason why politicians like Rubio are backing the TPP deal is because they are “controlled” by Washington lobbyists. Read More