Trump Tariffs To Alter Trade And Investment In Different Ways
“Plus, the U.S. is not the singularly dominant power in trade that it once was and we could see the U.S. efforts create a level of isolation for the U.S….
Mexico Slaps 36% Tariff on Vietnam Steel Wire on Alleged Dumping
Mexico will impose a 36.23% tariff on imports of steel wire used for welding from Vietnam, saying they are harming local producers in Latin America’s second-largest economy. The economy ministry…
Chinese EV Makers Hit EU Wall as Tariffs Add to Import Costs
Chinese automakers captured their smallest share of Europe’s electric-vehicle market in eight months, after new tariffs added as much as 35% to the cost of importing cars to the region….
CBO Report Confirms That Tariffs Raise Trillions In Government Revenue And Benefit US Industries
The CBO projects that even with the projected drop in imports, the proposed tariff policy would cut deficits by $2.7 trillion over the next decade. Furthermore, the CBO forecasts minimal…
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…
Biden admin to hike tariffs on Chinese products in self-contradictory protectionist move after calling Trump’s tariff approach ‘a major mistake’
The Biden administration on Wednesday announced to increase tariffs on certain Chinese products, including solar cells and tungsten products. The rates for solar wafers and polysilicon will increase to 50…
Liberty Steel Closures Highlight Urgent Need To Address Mexico’s Violations And Steel Import Surge
The Coalition for a Prosperous America (CPA) today released a statement highlighting the harm caused by Mexico’s ongoing, blatant violation of the 2019 joint steel agreement. Earlier this month, Liberty…
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…