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| | taxfoundation.org
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| | Learn about President Biden's role in continuing the trade war started by President Trump and the impact of tariffs on imports from China.
| | libertystreeteconomics.newyorkfed.org
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| | 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.epi.org
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| | With dwindling options on inflation and a mounting chorus of special interest business lobbies, the Biden-Harris administration is reportedly considering removing some Trump-era tariffs in an effort to moderate rising prices in the U.S. economy. Tempting as such an action may seem, it is certain to have unnoticeable effects on overall prices-at best. And the...
| | theglobal.blog
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| By Anita Prakash - Global governance bodies must be inclusive and bring in the voices from developing economies, which are practitioners of open and rule based trade relations.