One has heard so much these last eight years about how Wisconsin has been ‘open for business,’ and for Walker and the WEDC that has meant countless subsidies and tax breaks for conservatives’ preferred businesses. Walker was never a free-market man; his whole approach rested on state capitalism (government funding some producers) and crony capitalism…
Trade
Trade, Trump
Trump’s Trade Representative Corrects Trump’s Understanding of Trade Agreements
by JOHN ADAMS •
Bad Ideas, China, Economy, Government Spending, Trade, Trump
‘Chinese-owned company qualifies for Trump’s anti-China farm bailout’
by JOHN ADAMS •
Listen closely, and one can almost hear the peals of laughter from a bureaucrat in the Chinese ministry of commerce… Jeff Stein reports Chinese-owned company qualifies for Trump’s anti-China farm bailout: A Chinese-owned pork producer is eligible for federal payments under President Trump’s $12 billion farm bailout, a program established to help U.S. farmers hurt…
Agriculture, Economy, Trade, Trump
A Farmer on Trump’s Trade War: I Can’t ‘Take It’
by JOHN ADAMS •
Economics, Economy, Employment, Trade
Promising Gain, Delivering Loss
by JOHN ADAMS •
Here in the Midwest, in America’s Dairyland, in a small college town surrounded by farms, Trumpism’s economic promises, never likely to do a body good, now slowly curdle: U.S. business groups say hundreds of thousands of American jobs are at stake as newly imposed trade barriers cause an abrupt slowdown of cross-border trade. The fallout is…
Agriculture, Economy, Trade, Trump
Tales of Unrequited Support
by JOHN ADAMS •
Wisconsinites who went for Trump now find themselves economically disadvantaged despite their support. It’s become an international tale: how some residents of America’s Dairyland foolishly hoped for better from Trump and now find themselves experiencing worse: Plymouth, Wisconsin, styles itself as “the cheese capital of the world”. The town of 8,445 people, about an hour north…
China, Economics, Economy, Foreign Affairs, Health, Lifestyle, Trade, Trump
A Metaphor for Trump’s Trade Policy
by JOHN ADAMS •
Wisconsin businesses are bracing themselves for European Union retaliation against Trump’s trade tariffs (“Harley-Davidson motorcycles, dairy products, ginseng, cranberries and other Wisconsin goods are likely to feel the sting of retaliation from steep tariffs announced Thursday by the White House on foreign metals”). Meanwhile, there’s no better visual metaphor for the difference between Trump’s trade…