Stumo Blog

Stumo Blog

What to think about the Trump/China 100 day plan on trade?

April 11, 2017

By Michael Stumo, CEO of CPA Last Friday, Commerce Secretary Wilbur Ross announced that the US and China have agreed to establish a 100 day plan on trade. The big news is that both the President of the United States and the President of China agree that trade imbalances are...

Trump's Executive Orders on Trade Deficits are a Step Towards Action

April 07, 2017

By Michael Stumo, CEO of CPA, and Jason Cooper, CPA Research Assistant While the trade deficit deniers continue issuing Fake Trade News, President Trump signed a recent executive order entitled “Omnibus Report on Significant Trade Deficits”. This is an important step towards action.  The resulting  document trade deficits and their...

CPA's Balanced Trade Ideas Going Global

March 28, 2017

By Michael Stumo, CEO of CPA The Trans-Atlantic establishment is shaken about America’s free trade skepticism. They invited CPA to Brussels, the Capitol of Europe, to discuss our balanced trade ideas, explore whether we are “protectionists” or not, and to explain the American flavor of anti-establishment politics to their old...

Navarro's Doctrine on Trade in the Wall Street Journal

March 07, 2017

By Michael Stumo, CEO Peter Navarro, Director of the White House National Trade Council, wrote a "trade policy manifesto" op-ed published in the Wall Street Journal this week focusing upon balanced trade. The new balanced trade policy is unwelcome on Wall Street and in some congressional leadership offices. But it...

DC Trade "Expert": Foreigners should buy all our companies

March 07, 2017

By Michael Stumo, CEO The old guard free trade establishment is scrambling to counter the more economic nationalist positions of the Trump administration.  Gary Hufbauer does not like Peter Navarro's (Director, White House National Trade Counsel) national security concerns about the trade deficit resulting in other countries buying strategic assets...

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