CPA Applauds CBO Report Highlighting Revenue Gains And Minimal Economic Impact Of TariffsCPA Applauds CBO Report Highlighting Revenue Gains And Minimal Economic Impact Of Tariffs
The Coalition for a Prosperous America (CPA) today highlighted key findings from the Congressional Budget Office’s (CBO) preliminary report on tariffs, which confirms CPA’s analysis that tariffs can raise significant…
Trump tariffs would cut deficits but hike consumer prices, CBO says
The Congressional Budget Office estimates sky-high tariffs promised by President-elect Trump might improve the nation’s fiscal outlook — but at the cost of higher inflation and slower economic growth than…
Potential Trump tariffs, like many things in life, are not all good or bad
Almost nothing is all good or all bad, yet we often feel a need to cast things as one or the other. This is lazy thinking. Tariffs might have potential…
Grant Cardone: Here’s Why I Believe Trump’s Tariffs Will Help the US Economy
Cardone believes that rules of supply and demand will counteract the possible price hikes that could come from tariffs. “At the end of the day, supply and demand is controlled…
Mexico Kicks Off Operation to End Flow of Illegal Chinese Items
Mexico is planning to carry out a “cleaning” operation across the country to combat the flow of illegal merchandise entering the country mainly from China, according to the Economy Ministry….
Trump’s proposed China tariffs draw support from some lawmakers on both sides of the aisle
Some lawmakers, like outgoing Sen. Sherrod Brown, D-Ohio, have long said such tariffs were necessary to compete with Chinese-made products. The Chinese government has been known to skirt international trade…
ECB’s Lagarde Urges Europe to Negotiate, Not Retaliate on Trade
“We seem to err more on what I would call a checkbook strategy,” she told the Financial Times in an interview published Thursday, highlighting that last time the EU’s strategy…
G20 Displays No Resolve to Resist US Protectionism or China
President Xi has no right to pretend that his country is the flag bearer of free trade. China has distorted the free trade system through preferential treatment for state-owned enterprises,…
The Guardian view on Donald Trump’s tariffs: protectionism is no longer taboo in politics
Although both administrations (Biden and Trump) faced criticism for driving up costs through tariffs and industrial policy, global events were primarily behind rising prices. Trade involves sacrifices to achieve gains….
Trump tariff on China could lower global inflation, says UK economist
Swati Dhingra, an external member of the Bank’s rate-setting monetary policy committee, said Trump imposing a threatened 60% tariff on goods from China sold in the US could lead Chinese…