Purposeful policy leads to meaningful results.....
https://www.washingtontimes.com/news/2018/oct/17/trumps-performance-on-the-economy-and-trade-is-unp/
Quietly, President Donald J. Trump is putting together one of the greatest performances on the economy and trade in modern presidential history. This is indeed happening quietly because both the actions and results of Mr. Trump’s economic policies are grossly under-reported in the press.
Exhibit A is the president’s impressive, but virtually ignored, “hat trick” at the United Nations (U.N.) last week. At the U.N., President Trump fulfilled an important campaign promise when he sat with President Moon Jae-in and signed a landmark modernization of the trade deficit-inflating 2012 South Korea deal known as “KORUS.” This new Korea deal means more auto, agricultural, and pharmaceutical exports for American producers even as it extends critical protections for our light truck industry out to 2041.
At the U.N., President Trump and his United States Trade Representative Robert E. Lighthizer also announced the president’s intention to ask Congress for “fast track” authority to negotiate a new trade deal with Japan. Such a deal would help pry open Japan’s notoriously closed agricultural and auto markets. It was a development hailed from Capitol Hill and Detroit to the wheat fields of Montana — but the news got largely buried.
The third part of last week’s hat trick was an extraordinary joint statement from Japan, the European Union and the United States. It roundly condemned non market-oriented economies’ use of forced technology transfer policies and unfair trade practices while promising strong actions and disciplines to combat these problems.
https://www.washingtontimes.com/news/2018/oct/17/trumps-performance-on-the-economy-and-trade-is-unp/
Quietly, President Donald J. Trump is putting together one of the greatest performances on the economy and trade in modern presidential history. This is indeed happening quietly because both the actions and results of Mr. Trump’s economic policies are grossly under-reported in the press.
Exhibit A is the president’s impressive, but virtually ignored, “hat trick” at the United Nations (U.N.) last week. At the U.N., President Trump fulfilled an important campaign promise when he sat with President Moon Jae-in and signed a landmark modernization of the trade deficit-inflating 2012 South Korea deal known as “KORUS.” This new Korea deal means more auto, agricultural, and pharmaceutical exports for American producers even as it extends critical protections for our light truck industry out to 2041.
At the U.N., President Trump and his United States Trade Representative Robert E. Lighthizer also announced the president’s intention to ask Congress for “fast track” authority to negotiate a new trade deal with Japan. Such a deal would help pry open Japan’s notoriously closed agricultural and auto markets. It was a development hailed from Capitol Hill and Detroit to the wheat fields of Montana — but the news got largely buried.
The third part of last week’s hat trick was an extraordinary joint statement from Japan, the European Union and the United States. It roundly condemned non market-oriented economies’ use of forced technology transfer policies and unfair trade practices while promising strong actions and disciplines to combat these problems.
