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Whither China?

The current unrest in Hong Kong may be the most important geopolitical story of this decade, depending how it plays out. Concerning which, a few observations: • We know enough from recent decades to...

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A trade war that’s not so easy to win

Reportedly, there is a division within the White House over how to proceed with China on trade. One camp, which includes Steven Mnuchin and Larry Kudlow, is optimistic that the administration can...

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Are American companies suffering from an outbreak of “bad management”?

Here’s President Trump arguing that bad management, not tariffs, is what’s hurting American companies: A lot of badly run companies are trying to blame tariffs. In other words, if they’re running...

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Trade Deal With China Is a Blockbuster

What the Democrats fear most is happening: President Trump and his negotiating team are reaching wide-ranging agreements with China that will be a huge boon to the United States. In an Oval Office...

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Democrats Cave On Important Trade Agreement

The Trump administration negotiated the U.S.-Mexico-Canada Agreement (USMCA), an important update and revision to NAFTA, a year ago, but House Democrats have refused, until now, to bring it up for a...

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Landmark Trade Deal With China; New York Times Hardest Hit

President Trump signed the “Phase One” trade agreement with China today at the White House. The agreement is far-ranging; you can read its entire text here. Among other things, it includes “commitments...

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The horror: Trump balked at being spoon fed conventional wisdom

Two of the Washington Post’s Trump-despising reporters, Carol Leonnig and Philip Rucker, have a new book about the president called A Very Stable Genius. In advance of its publication, the Post ran an...

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USMCA Goes Into Effect Today

President Trump has an excellent record to run on. His tax cuts, trade deals and deregulation generated the strongest economy, probably, in American history. Overseas, we are at peace while still...

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Infant Formula Revisited

The infant formula shortage is a crisis for many American families, and the end is not in sight. What caused supplies of a staple product to run out? The most thorough explanation I have seen comes...

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Smoot-Hawley II?

I don’t suppose many people care, but Donald Trump’s latest venture into trade policy is idiotic. Trump’s tariff plan is so dumb that for once, the Washington Post is actually right: “Trump vows...

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