Part two of a three-part interview with Professor Masao Suzuki
This is part two of a three-part interview. Click for part one and part three of this interview.Fight Back!: In your opinion, what are the main causes of the U.S. trade deficit?
_Part one of a three-part interview with Professor Masao Suzuki _
This is part one of a three-part interview. Click for part two and part three of this interview.Fight Back!: Professor Suzuki, there has been a lot in the news about the Trump administration’s new tariffs and the U.S. trade deficit. How big is it really?
The U.S. stock market fell again Friday, April 6, with the broadest measure, the S&P 500, falling more than 2%. This followed President Trump’s tweet on Thursday that he would ask for a list of an additional $100 billion in imports from China to put tariffs on, raising the total to more than $150 billion. It was also revealed that there are no negotiations between China and the U.S., raising the likelihood of a full-blown trade war.
San José, CA – On March 22, the U.S. stock market staggered with the Dow Jones Industrial Average falling more than 700 points or almost 3%. That day, President Trump had fired an opening salvo of trade restrictions aimed at China by announcing steep tariffs on $60 billion of imports from China. He promised that this was just the first of many restrictions on Chinese goods in what could be a new trade war with China.
Masao Suzuki is a leading member of the Freedom Road Socialist Organization (FRSO) who follows the economy. Fight Back! interviewed him on March 1, after another drop in U.S. stock market.
To mark the anniversary of the publication of The Communist Manifesto by Karl Marx and Frederich Engels, on Feb. 21, 1848, Fight Back! is reprinting the book’s first chapter. This anniversary comes in the context of a growing rejection of capitalism and a renewed interest in the science of revolution, Marxism-Leninism. Enjoy.Chapter I. Bourgeois and Proletarians
Tampa, FL – Hurricanes are a common experience to most Floridians, especially to residents of the Tampa Bay area, where hurricanes and tropical storms hit or brush by about every two years. However, Category 4 Hurricane Irma, which is now projected to move up the center of the state, is making some of the most seasoned Floridians panic.
Dallas, TX – As of Thursday evening, August 31, most gas stations in the greater Dallas area are out of gasoline. Those that still have fuel are charging as much as triple the usual price.
Tucson, AZ – The Tucson Anti-War Committee has called for an emergency rally on Thursday July 27, at 5 p.m. at the Federal Building located at 300 W Congress Street. This is organized to tell the Trump administration and U.S. Senators like Marco Rubio: “Hands off Venezuela! No sanctions!”