By: Anne Webster | Editorial credit: Brian Jason / Shutterstock.com Donald Trump has doubled down on telling stories of economic strength: pointing to GDP growth forecasts, claiming record revenues from tariffs, touting tax and spending packages, and emphasizing job growth. But recent polls, economic projections, and public sentiment suggest that many Americans aren’t buying it. […]
Image: Book cover of “Death by China: Confronting the Dragon” by Peter Navarro and Greg Autry. Used under fair use for illustrative purposes. Source: Wikipedia By: Janet Howard In the tumultuous landscape of 21st-century geopolitics and economics, few relationships are as complex, consequential, and fraught with tension as that between the United States and the People’s […]
By Brian Figeroux, Esq. The structure of a nation’s taxation system has significant implications for economic growth, trade, and income distribution. One radical fiscal policy proposal is replacing income tax with increased tariffs on imports. While this approach could simplify tax collection and potentially promote domestic industries, it also carries substantial risks, including inflation, trade […]
By Greg David, THE CITY On-and-off taxes on imports from China, Mexico and Canada make planning difficult and keep customers cautious about spending, say entrepreneurs. The glass bottles that Annie Bassin uses to bottle her wellness beverage come from China and became 25% more expensive when President Donald Trump imposed a tariff during his first […]
By Michael Waldman, BRENNAN CENTER FOR JUSTICE It was a lurid early reminder that the new administration could bring with it a cornucopia of corruption. Today’s quiet campaign deals turn into tomorrow’s scandals. And a recent study shows that donations improved the odds of avoiding tariffs in the last Trump administration. After voters rebelled against […]
Editorial credit: Consolidated News Photos / Shutterstock.com By Trevor Hunnicutt | Reuters WASHINGTON, May 14 (Reuters) – U.S. President Joe Biden on Tuesday unveiled steep tariff increases on an array of Chinese imports including electric vehicle (EV) batteries, computer chips and medical products, risking an election-year standoff with Beijing as he woos American voters who give his economic policies […]