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President Trump Prepared to Slam China With Lots Of Tariffs

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President Donald Trump is about to rain tariffs down on China as the United States finally asserts itself in our unbalanced decades-old trade relationship with the Communist country.

Trump economic adviser Larry Kudlow is hyping the new tariffs, which seem good to go.

The Wall Street Journal reports: “The Trump administration plans to announce within days new tariffs on as much as $200 billion in Chinese goods, further pressuring Beijing before high-level, U.S.-China talks set for later this month, say people familiar with the matter. President Trump’s decision—to go into effect within weeks—is designed to give the U.S. more leverage in discussions with China over allegations that Beijing coerces American firms into handing over valuable technology to Chinese partners. But the decision’s timing risks deepening the already…”

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The mainstream press usually has to try to argue that tariffs are bad, but the American people are increasingly waking up to the fact that President Trump is making other countries bend to American will.

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Even the threat of Trump tariffs scares foreign states into submission.

Peter D’Abrosca reported:

President Donald J. Trump struck a deal with the European Union to rework the lopsided trade deals that have hurt the United States economy for decades.

“This was a very big day for free and fair trade,” Trump said in a Rose Garden press conference with European Commission President Jean-Clause Juncker.

He echoed the same sentiment on Twitter.

“Great to be back on track with the European Union,” he said. “This was a big day for free and fair trade!”

Under the new agreement, all tariffs and trade barriers will be abolished, and subsidies on non-auto industrial goods will be eliminated.

The deal is nearly exactly what Trump demanded in a Tweet from Tuesday.

“The European Union is coming to Washington tomorrow to negotiate a deal on Trade,” he said. “I have an idea for them. Both the U.S. and the E.U. drop all Tariffs, Barriers and Subsidies! That would finally be called Free Market and Fair Trade! Hope they do it, we are ready – but they won’t!”

In addition, the EU will import more U.S. soybeans and liquified gas.

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Big League Economics

OUT OUT OUT: Study Shows That Each Illegal Alien is Up to a $6,500-Per-Year Burden for the U.S. Taxpayer

The cost of illegal immigration is massive.

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A ground-breaking new study has shown that illegal immigrants cost the U.S. taxpayer approximately $6,500 per year by soaking up welfare cash and other government benefits after they break the law to enter the country.

The study, commissioned by the Federation for American Immigration Reform (FAIR), showed that that small states are particularly burdened by the illegals, and the money and services are going to aliens instead of veterans, children, and the disabled.

FAIR surveyed ten small states and determined that illegal immigration cost them an average of $454 million per year.

“To put that figure into context, that $454 million expenditure is more than 200 times what the state of Montana budgets for its entire Veterans Affairs program, and it is 2.5 times the total sum that West Virginia invests in its state university,” the report states.

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Dan Stein, president of FAIR, notes that the native populations of these small states are getting squeezed the most by the burden caused by illegal immigrants. These individuals are essentially being replaced as a once-great nation transforms into a globalist economic zone.

“In many ways, the influx of immigrants into less populous areas of the country has an even greater impact on long-time residents than it does in larger and more urban areas,” Stein said.

“These areas have neither the tax base, nor the economic and social infrastructure to accommodate the needs of the growing numbers of immigrants taking up residence,” he added.

The FAIR study, Small Migrant Populations, Huge Impacts, analyzed Alaska, West Virginia, South Dakota, Vermont, Wyoming, New Hampshire, Montana, Mississippi, North Dakota and Maine to discover their startling conclusions regarding the costs of illegal immigration.

“Many local officials tout immigration, including illegal immigration, as a remedy to economic stagnation. However, as this report reveals, the reality is precisely the opposite,” Stein said.

“Illegal immigration, in particular, drives down wages and inhibits job opportunities for legal residents, while bringing more low-skilled, low-wage workers to these states. In turn, this increases costs to state and local governments, and discourages investment by businesses seeking a skilled labor force and lower overhead,” he added.

FAIR released the following video to accompany their newly released study:

“This report highlights the fact that the adverse effects of unchecked mass immigration, combined with an immigration selection process that does not choose people based on individual merit, job skills and education, are now being felt in all parts of the country,” Stein explained.

“Americans, in every part of the nation, are being affected by antiquated and unenforced immigration policies, which is why it is at the top of the list of voter concerns heading into the 2020 elections,” he added.

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