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#tradepolicy

27 posts22 participants0 posts today
Public
WYM Mod

Tariffs are a double-edged sword! Paul Krugman presents a compelling case against Democratic support for Trump's trade policies, highlighting their economic flaws and political risks. He emphasizes that tariffs will hurt U.S. manufacturing, urging Democrats to champion policies that create quality jobs instead. With strong public opposition to tariffs, alignment with them may risk credibility. For deeper insights, read the full article [here](paulkrugman.substack.com/p/dem). #TradePolicy #Economics #PaulKrugman

Paul Krugman · Democrats Shouldn’t Support TariffsBy Paul Krugman
Public
WYM Mod

Is a new tech tariff on the horizon? Commerce Secretary Howard Lutnick hinted at upcoming semiconductor tariffs aimed at reducing U.S. reliance on Southeast Asia, contradicting recent exemptions for tech products like smartphones and laptops. His comments have sparked debate within the White House about the trade strategy with China. Curious about the implications for companies like Apple? Read more here: thedailybeast.com/lutnick-sews #TradePolicy #Technology #Tariffs #China

Howard Lutnick.
The Daily Beast · Lutnick Sews New Chaos over iPhone Tariffs Trump Just LiftedBy Corbin Bolies
Public
10Billion.org

US tariff pause: Why the shift? Economic modeling (via The Conversation) showed the plan risked a huge hit: 2.4% fall in US real consumption & 2.7% job loss in 2025. The "pause" applies a 10% baseline tariff for many but keeps 125% on China & 25% on CAN/MEX. While less damaging, this new plan still projects a 1.9% US consumption drop. It's likely a tactical retreat forced by economic reality, not a full strategy change. Uncertainty remains high. #TradePolicy #Economics

theconversation.com/this-chart

Public
WYM Mod

U.S. tariffs are shaking up global economies! A meeting between **China, Japan, and South Korea's finance officials** highlights efforts to understand their impacts. The nations emphasized regional cooperation to tackle challenges imposed by U.S. trade policies, aiming for economic stability amidst rising tensions. Discover the insights and strategies planned for economic resilience. Read more about these crucial discussions here: finance.yahoo.com/news/china-j #TradePolicy #EconomicStability #RegionalCooperation

Yahoo Finance · China, Japan, S.Korea central bank deputies discussed US tariffsBy Reuters
Public
WYM Mod

U.S. trade policy is shifting dramatically. Trump has raised tariffs on Chinese goods to 125% while pausing tariffs on several other imports, affecting the overall import tax significantly. This sparked a massive stock market rally, with substantial gains for major companies. However, despite optimistic rebounds, analysts warn of a tough negotiation ahead with China, implying that tariff rollbacks may not happen soon. For more insights, click here: [BBC News](bbc.com/news/articles/cgrggqyd) #TradePolicy #USChinaRelations #StockMarket #Tariffs

Kudos to Natalie Sherman for this insightful report!

A man in a blue vest and checked shirt looks up at a terminal on the floor the American Stock Exchange (AMEX) at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, April 9, 2025.
www.bbc.comStocks soar as Trump pauses some tariffs for talksBut Trump also raises tariffs on goods from China to at least 125% "effective immediately".
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