“Reciprocal” Tariffs: More Sleight Of Hand By Trump Administration
Introduction Trump announced aggressive, far-reaching “reciprocal” tariffs last Wednesday which are mostly about half of what the Trump administration said each country has charged the U.S. For example, the poster said China charges a tariff of 67% and that the U.S. will implement a 34% reciprocal tariff in response. A chart of new tariffs that […]
Stupid Trump: A 25% Tariff On Vehicle Imports From Canada & Mexico Ensures A Recession
An Introduction MishTalk reports that a new analysis by the Anderson Economic Group estimates that the 25% tariff on America’s neighbors will increase the cost of a full-size SUV assembled in North America by $9,000 and a pickup truck by $8,000. and the cost of an electric-vehicle cross-over will increase by $12,200. Why So? Such […]
Trump’s Tariffs – 10 Insights On Their Effectiveness and the Response From Canada
The Reality of Tariffs: They’re Counter-Capitalistic & Foolish – Here’s Why If Trump’s plan is to re-domicile as much manufacturing as possible based on an economic concept called the manufacturing multiplier effect (defined in the article) based on him only enacting short- to intermediate-term tariffs which would, in the end, result in lower tariffs and […]
Take Note, Donald: “History Doesn’t Repeat, But It Often Rhymes” and the Consequences Of These Tariffs Could Well Echo the McKinley Era Tariffs
Introduction More than a century ago, then-Representative William McKinley pursued an aggressive tariff strategy that sought to protect American industry and reduce reliance on foreign imports…The logic was simple: If foreign goods were more expensive, Americans would buy domestic products, fueling economic expansion but the results were not so simple. What follows is a slightly […]
Trump’s Misdirection Regarding Canada’s Zero-Tariff Quota Arrangement With the U.S. On Its Dairy Products
An Introduction Canada has for decades irked U.S. lawmakers with “supply management” policies that support Canadian farmers and protect its dairy, egg and poultry industries from foreign competition and function as major trade barriers above zero-tariff quota maximums to prevent the dumping of such products into the Canadian marketplace.. Zero-tariff Quota Maximums Yes, Canada does, […]
The Reality of Tariffs: They’re Counter-Capitalistic & Foolish – Here’s Why
An Introduction The original article by Spencer Wright, an investment advisor representative with Halbert Wealth Management, Inc. and a contributor to Forecasts & Trends, is presented below with some very minor edits [ ] and (…) to ensure a fast and easy read. The Reality of Tariffs I could go on and on, but…[below are] […]
