Trump tariff update
Digest more
President Donald Trump claims his tariffs have revived the U.S. economy, calling it an “American economic miracle.”
A lawsuit looks to block President Donald Trump's new tariffs despite his warnings that doing so would result in the "economic ruination" of the country.
"A decisive rethinking of American foreign economic policy that fuses the imperatives of national security with economic priorities runs through the Trump and Biden years," writes Inu Manak
"Altogether, the President’s goal is clear—he wishes to exercise carte blanche authority when tariffing the world based on any statutory reed he can find." The post 'Authority that he does not have': States say new Trump tariffs 'fatally flawed' and 'unlawful,
The White House is set to impose a 15 percent tariff through Section 122 after the US Supreme Court ruled against Trump.
15don MSN
Tariffs create more economic pain than long-term benefit, says Wilmington Trust's Tony Roth
Tony Roth, Wilmington Trust Investment Advisors CIO, joins 'Squawk Box' to discuss the state of the economy, impact of President Trump's tariffs on the trade deficit, latest market trends, and more.
The states allege that the president cannot sidestep a recent U.S. Supreme Court ruling that invalidated most of his previous tariffs.
A central insight from neoclassical economics is that international trade operates like an improvement in production technology. It generates mutual aggregate welfare gains for countries as a whole, but creates winners and losers within countries.