How tariffs could be a blessing in disguise for American companies
All indications are that free trade has gone the way of the typewriter and the pay phone. What has long been a pillar of economic liberty and free-market capitalism has…
Trump is right on tariffs, here’s why
Taxes distort economies. For example, income taxes discourage productive work; gas taxes reduce travel; and tariffs inhibit international trade. Economists often oppose individual taxes, because they imagine an ideal economy…
Outdoor Industry Confronts ‘Scary’ Future of Higher Tariffs
OTTOLOCK, the Oregon-based brand has found a niche within the bike-lock marketplace with the Cinch Lock. This super-portable lock (which also made GearJunkie’s list of Best Bike Locks) represents the…
China bans export of critical minerals to the U.S. amid escalating trade tensions
The USGS study underscores the importance of building supply chain resilience through measures such as expanding stockpiles of critical minerals, investing in recovery of gallium and germanium from mine waste,…
Joe Biden Launches Major Trade Investigation Into China
A resilient and secure supply of foundational semiconductors is critical to U.S. national and economic security. These semiconductors are essential to key sectors of the U.S. economy, powering cars, medical…
Why Trump’s tariffs on Mexico would mean higher avocado prices at the grocery store
But estimating just how much higher is hard to say. It’s possible that producers and importers will absorb some of the costs to keep prices down and stay more competitive….
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…