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www.chrisritchie.org
| | www.manhattancontrarian.com
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| | * It was back at the beginning of February that President Trump launched what I have called his "tariff gambit" - sequential edicts of flat-rate, economy-wide tariffs imposed against various of our trading partner countries. * The process began with February 1 announcements of blanket 10% tariffs on all goods from China, and 25% tariffs on all goods from Mexico and Canada. Since then, in a blizzard of activity, there have been multiple rounds of announcements on this subject: new countries added to the tariff edicts, increases or decreases in the blanket rates applicable to various countries or products, granting of exceptions and exemptions, postponements of announced effective dates, and more. It's more than just about anybody can keep track of. Here is an April 10 chronology from PBS compiling all the various tariff actions issued by the administration up to that time. The sheer speed of the announcements, and lack of direction toward any discernible purpose, are astonishing. * In a post about a month ago on April 8, I expressed extreme skepticism about this gambit.
| | www.brookings.edu
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| | As election season ramps up, it is worth examining the choices Trump and Biden have made vis-à-vis trade with China and the results.
| | www.brookings.edu
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| | Brookings Senior Fellow William Galston takes a look at Americans views of the economy and how they could impact the 2024 election.
| | abnormalreturns.com
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