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Tag: tariffs

Powell Blames Trump Tariffs for Coming Inflation

I repeatedly warned that the headlines would blame Trump tariffs for the incoming inflationary wave. Jerome Powell stated that “uncertainty is unusually...

Trump Blames Fed for Weak Payrolls – Media Blames Trump Tariffs

May’s private payrolls based on ADP estimates are the lowest since March 2023. Private payrolls rose only 37,000 last month, far beneath April’s addition of...

US Supply Chain Issues on the Horizon

Businesses cannot properly determine how much or when to buy due to ever-changing tariffs. Tariffs will certainly not halt trade, but they have caused a kink in the...

Chinese Exports to US Decline 21% Amid Tariff War

China is seeking new buyers amid the ongoing trade war with the United States. Chinese exports increased by 8.1% in April on an annualized basis, with imports...

Business to Consumer Supply Constraints

Supply chain constraints have begun as a result of companies wishing to avoid US-implemented tariffs. Germany-based DHL has suspended all business-to-consumer (B2C)...

Americans Delay Major Purchases Over Tariff Fears

  Consumer confidence has tanked due to tariff fears. A Redfin survey conducted from April 10 to 14 found that nearly a quarter (24%) of American respondents...

Pelosi Called for Tariffs on China (1996)

Nancy Pelosi strongly supported tariffs before Donald Trump came into the picture. Trump is accomplishing what Pelosi dreamed of achieving nearly three decades ago....

Zero-for-Zero Tariffs? EU Votes Today

European Union leader Ursula von der Leyen has proposed a zero-for-zero-tariff deal with the United States after the EU was hit with a 25% tariff on steel and...

A Flight to Treasuries?

  Some believe that Donald Trump is deliberately attempting to cause a sharp downturn in equities to force a flight into treasuries. If so, the Federal Reserve...

China Retaliates with Tariffs and Trade Restrictions

China imposed a 34% retaliatory tariff on all US goods that will go into effect on April 10. Trump hit China with a 34% tariff in addition to the 20% levy...