Trade wars just recently moved from rhetoric to reality. Some say this is one of many things that will make America great again, as President Trump moves full steam ahead to ‘level’ the playing field of tariffs. Others, including the well-respected World Bank, and 45 leading economists are giving severe warnings that this will lead to a full fledged recession. The questions get asked in many ways, many times; “What is the goal to this? How do we know we have reached this goal? Where is the definitive plan? [Read more…] about Tariffs, The Untold Story (Part 1)
trade deficit
April Newsletter – The New Kid on the Block That Went Back to the Future
For the last two months tariffs have been at the top of the financial news. While most of the attention has been on China and the U.S., Russia has also been in the sights and tweets of President Trump. The President wants to lower the trade deficit that widened over 12% last year to $566 Billion. This is the largest gap since 2008. China is not only the biggest country we trade with, but with whom we have the largest trade deficit with, hitting a record high of $375 Billion in February. [Read more…] about April Newsletter – The New Kid on the Block That Went Back to the Future
