December 31, 2019

China trade deal phase 1 to be signed soon, but there are other problems

Via Fox Business:

This is good news for president Trump, but let's not get too crazy about his re-election chances.  There are some storm clouds on the horizon.  Coal jobs, and therefore Pennsylvania, are at risk of steep losses in 2020, despite president Trump's efforts to make the industry more competitive and unfettered. That hurts the president's chances of winning the state again.

Why is American coal having a hard time?  It's not because there is not demand anymore as climate activists would have you believe.  It's because of increased international competition - primarily from China.

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