Tariff disputes are causing volatility under the new administration, but investors should have two bigger worries right now.
President Trump recently instituted new tariffs on two allies and one adversary: 25% on goods from Mexico and Canada and 10% ...
Here’s how current events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...
For example, President Trump imposed a 25% tariff on all goods imported from Mexico and Canada (10% for Canadian oil), the US ...
"Tariffs are typically imposed for protection or revenue purposes," she said. "A protective tariff increases the price of imported goods relative to domestic goods, encouraging consumers to ...
For example, the Tariff Act of 1930, popularly known as the Smoot-Hawley Tariff, levied protective tariffs on roughly 800 to 900 different types of goods, accounting for about 25% of all goods ...
“Protective tariffs distort domestic production by inducing domestic producers to commit labor and capital to produce goods and services that could have been acquired more cheaply on the ...
We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue enabled revenue-destructive tariffs.
Abraham Lincoln, the nation’s 16th president, said, "Give us a protective tariff and we will have the greatest nation on earth." Lincoln believed strongly, if tariffs could provide a domestic ...
The U.S. needs to overhaul its approach to dealing with China’s overcapacity, Aaron L. Friedberg writes in a guest commentary.
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