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Assuming The Renegotiation Of NAFTA Is Accomplished, What Might Be The Benefits?

ArmchairPolitiicianNAFTA, July 19, 2017, by Brad Peery, WWW. ArmchairPolitician.US,

NAFTA Needs to be renegotiated, and it may not get done before the Mexican Presidential election on July 1, 2018. This election could derail the whole process. We will outline some of the issues that will need to be solved through negotiations, assuming that a […]

The U.S. Would Like To Renegotiate A NAFTA Agreement: There Are Many Obstacles.

ArmchairPolitiicianNAFTA, July 18, 2017, by Brad Peery, WWW. ArmchairPolitician.US,

The North American Free Trade Agreement (NAFTA) between the U.S., Canada and Mexico is likely to be renegotiated starting in mid-August. President Trump has threatened to leave NAFTA, but a recently submitted a road map for revising the agreement. The Democratic reaction was that it […]

The U.S. Dollar Has Declined By 5% Since The Peak Achieved After The Trump Election: This Should Be Helpful In Reducing The Trade Deficit

ArmchairPoliticianFederalReserve, May 18, 2017, by Brad Peery,

President Trump’s election, and the euphoria about his tax cuts, bringing jobs back to the U.S., and undertaking to improve our crumbling infrastructure caused the U.S. dollar to improve about 5% and reach new highs in December, 2016.

The Federal Reserve increased interest rates by 0.25% […]

China’s Trade Policies: Automobiles Show the Difficulties the US Faces in Reducing the Trade Deficit with China

ArmchairPolitician.china, March 23, 2017, By Brad Peery, ArmchairPolitician.US

US Automobile companies are effectively banned from competing in China. US Automobiles are taxed at a rate of 25%, that effectively makes US produced automobiles uncompetitive in China. There also Chinese policies that are anticompetitive, even for companies that want to establish manufacturing plants in China.

The […]

US-China Trade Policies: China Manipulates Its’ Currency While It Ostensibly Encourages Worldwide Free Trade

Update-March, 14, 2017, Armchairpoliticianchina, By Brad Peery, ArmchairPolitician.US

US-China Trade Policies: China Manipulates Its’ Currency While It Ostensibly Encourages Worldwide Free Trade

There are areas where the Chinese Yuan trades outside of China, including in Hong Kong. The Chinese buy the Yuan in those markets to keep its value close the level China is targeting […]

Chinese Companies Continue To Increase Investment in US Manufacturing Plants, But Their Size is Dwarfed by the Trade Deficit

Feb 28, 2017

The Chinese trade deficit with the US has at least two dimensions. The import of low-cost Chinese goods. This is somewhat being offset by Chinese companies setting up US manufacturing operations. However, the size of these investments is dwarfed by the $367 billion trade deficit we have with China. The US has […]

Obamacare Repeal and Replacement Update

March 1, 2017, ArmchairPolitician.US

President Trump, at his address before Congress, outlined the issues and his plan to

repeal & replace the Affordable Care Act, also dubbed Obamacore. Those issues include:

Provide better care for patients;

Expand the choice of plans;

Plans will be voluntary, not mandated;

Reduce the cost of healthcare;

Increase the access […]

Trade Deficit Issue: The Largest Trade Deficits are with Mexico, Germany, Japan and China. Autos are an Important Component.

Feb 26, 2017

ArmchairPolitician.US Blog Post by Brad Peery

The four largest US trade deficits, in 2016, were with China, ($347 billion), Japan ($69 billion), Germany ($65 billion), and Mexico ($63 billion).

The US imported $78 billion of cars and auto parts from Mexico in 2015. The US trade deficit with Mexico was $58 billion […]

Trade Policies: What are the Global Connections Between US Manufacturing Jobs and Eliminating Trade Deficits?

President Trump had a meeting with manufacturing CEOs yesterday, and Rex Tillerson, the Secretary of State, and Department of Homeland Security Secretary John Kelly met with Mexican Foreign Minister Luis Videgaray.

President Trump stated in his meeting that 70,000 factories have closed since China joined the WTO (World Trade Organization) in 2001, and since the […]