Explore >> Select a destination
|
You are here 
|
taxfoundation.org | ||
| | | | |
www.epi.org
|
|
| | | | | The U.S. Census Bureau reportedrecently that the U.S. goods trade deficit reached a record of $915.8 billion in 2020, an increase of $51.5 billion (6.0%). The broader goods and services deficit reached $678.7 billion in 2020, an increase of $101.9 billion (17.7%). The U.S. goods trade deficit in 2020 was the largest on record, and... | |
| | | | |
www.manhattancontrarian.com
|
|
| | | | | * 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. | |
| | | | |
libertystreeteconomics.newyorkfed.org
|
|
| | | | | Starting in early 2018, the U.S. government imposed tariffs on over $300 billion of U.S. imports from China, increasing the average tariff rate from 2.7 percent to 17.5 percent. Much of the escalation in tariffs occurred in the second and third quarters of 2019. In response, the Chinese government retaliated, increasing the average tariff applied on U.S. exports from 5.7 percent to 20.4 percent. Our new study finds that the trade war reduced U.S. investment growth by 0.3 percentage points by the end of 2... | |
| | | | |
www.acslaw.org
|
|
| | | |||
