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  • Stronger Yuan and tariffs to power China's expansion
    As US declines, stronger Yuan and tariffs power China's expansion
    China's Ministry of Finance announced its tariff regime for 2013, on Monday, Dec 17, in order to boost domestic demand, deepen integration with Taiwan, and conserve Chinese energy and mineral supplies.To encourage domestic consumption, certain...
  • Moscow police drag of protester.
    Everyone in this country will benefit from it, says McDermott
    On November 16, 2012 Congressman Jim Mc Dermott was granted permission to address the U.S. House of Representatives to argue in favor of permanent normal trade relations with Russia.“Madam Speaker, I rise in support of this bill to grant...
  • Le Sueur peas
    Le Sueur peas, Wal-Mart, free trade betrayals and a middle class coming apart
    Of tariffs, quotas, Utopian free market consumerism, the nation state, and the "most efficient allocation of resources" including those that used to weave in the cotton mills of my hometownNever thought much about tariffs, despite having...
  • Tariff debate: Protect American jobs or lower shoe prices
    Tariff debate: Protect American jobs or lower price of shoes
    Lost in the debate over contraception and the Keystone pipeline is another issue that highlights a real dilemma for Congress. Should we continue tariffs on items like athletic shoes to protect American jobs, or eliminate them thus reducing the...
  • Chart crash
    Death by taxes or Death of taxes
    A lot has changed since 1913 when the marginal tax rate for the wealthiest Americans was 13%. Federal revenue used to come primarily from two other sources; Trade Tariffs, and corporate tax. Tax rates have fluctuated, but one thing has changed....