“‘Trump Tariff’ Surcharges Appearing on Customer Bills,” Watch: Amid escalating U.S. China trade tensions, American companies are adding explicit “Trump tariff” surcharges to bills to offset the impact of tariffs. Trump Changes Mind on Illegal Immigrants: “One of the things I am doing, though, is I’m also making it easier on the farmers and the […]
If anyone thinks this is more than just a game by Trump, you are wrong. The or his story keeps changing on what he claims he is going to do with his favorite topic of tariffs. In an earlier post, I outlined some of the ideas he had for tariffs on product coming to America. […]
What I was trying to do was get a handle on the numbers of proposed Tariffs by the Trump Admin., that being Trump himself. Chart to the right identifies them. The verbiage to the left is a description of each proposed tax. A lot of proposals on the table with many of them being delayed. […]
-by New Deal democrat The financial market thrill ride continues on. I considered writing up a post on bond yields this morning, but who knows where they will be at the close of markets this afternoon?!? So let me point out that the Roberts Supreme Court has created a legal doctrine under which the T—-p […]
Trump has said trade wars are “good and easy to win.” History begs to differ. The Smoot-Hawley Act and ensuing trade wars were not good for the country and not good for President Hoover. “The 1930 Tariff Act started with the narrow aim of helping distressed farmers but then mushroomed into a wholesale rewriting of […]
Plastics Targeted by Retaliatory EU Tariffs Sixty US plastics resin and product exports to the EU could be hit as a countermeasure to US tariffs on steel and aluminum. Sixty plastic products exported by the US could be hit with retaliatory tariffs by the European Union (EU), analysis by the Plastics Industry Association (PLASTICS) reveals. […]
Eight days ago, Trump announced a 25% tariff on specific Canadian goods. The he walks back the tariffs. Now there are tariffs on Maple syrup. Then the 25% tariff becomes a 50% tariff. It is starting to get a little bit strange with Trump or is trying to sow confusion. Then say Canada backed off […]
I am finding there are a greater degree of politics going on in economic commentaries. Maybe it was always there and I was just missing it? A bit of Paul Krugman this Wednesday morning on Global Trade and Tariffs. Trump’s threatens countries with tariffs if they do not bow to him and do as he […]
Tariffs and Inflation Kevin Quinn, Econospeak Jason Furman and Janet Yellen have both suggested that cutting Trump’s tariffs would be anti-inflationary. But most economists agree that the incidence of the tariffs is for the most part on US consumers, not foreign suppliers (pace the treasonous and ignorant former president, who crowed about all the revenues we […]
Updated, also fixed last link This past weekend, I was in North Adams, Ma. We did some exploring of the area and came across a company started in 1837 that still exists today in Buckland. It no longer produces there, as it has moved to Westfield, Ma. It’s only move in 178 years. […]