President Trump and Commerce Department leader Wilbur Ross are set to hit Canada with a 24% tariff on lumber. The result of which will be 150,000 consumers priced out of the housing market and a loss of 8,241 homebuilding jobs.
A few days ago, the White House announced that new tariffs will be imposed on imports of Canadian lumber. Happy Arbor Day, now cue the destruction of our domestic forests.
The argument that some tariffs are necessary for national security is a farce. The US has more than enough steel production capacity and even if we didn't, unless the US is fighting the entire world at once, we'd surely have access to at least some markets. Congress should never have given the president this power.
For all his talk of tax cuts, Trump doesn't seem to have a problem imposing new taxes. His latest is a 20% tax on Americans importing lumber from Canada. This is a favor for special interests at the expense of consumers.
Is the Snuggie a blanket or is it a robe? These are the kinds of important questions that customs officials have to ask in order to assign a tariff.
(ANTIMEDIA) “We’re going to build a big, beautiful wall — and Mexico is gonna pay for it,” was one of Donald Trump’s campaign mantras. However, as Americans who don’t have political short-term memory loss will remember, politicians break promises once they’re elected. Such is the case with Trump’s promise to make Mexico pay for his “great” wall.
by Meredith Rector (Committee on U.S.-Latin American Relations (CUSLAR)) Growing mangoes in the southern Mexican state of Oaxaca has racked up an enormous socio-political expense for the region far greater than the price tag on ...
During the 2016 US election period, Russia was accorded intense attention. Hillary Clinton took a belligerent stance vis-à-vis Russia, while Donald Trump took a more diplomatic stance.
Trump emerged victorious. Following his inauguration speech a choice became apparent for international relations and the direction a nation may pursue.
Big capital has constantly decreased its contribution to the state – creating a gap in the state’s coffers which is then filled by more and varied taxes on ordinary people – ultimately shrinking the very market big capital needs to sell its increased production of goods.
Tariffs and Taxes
Before the income tax was imposed on us just 80 years ago, government had no claim to our income. Only sales, excise, and tariff taxes were allowed.
— Alan Keyes
