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Tag: tariffs

Why the Fed Cannot Reduce Rates to Offset Tariffs

President Donald Trump is urging the Fed to cut interest rates to offset the inflation that will be caused by tariffs. “The Fed would be MUCH better off CUTTING...

Transitory Tariff Inflation?

Fed Chair Jerome Powell said he expects inflation to be “transitory,” a word reminiscent of America’s situation three years ago when the Fed repeatedly urged...

China and Canada Continue Trade War

Effective March 20, 2025, China will place massive tariffs on Canadian goods. Aquatic products and pork will face a 25% tariff, while other items like rapeseed oil...

Tariffs a One-Time Price Adjustment?

Treasury Secretary Scott Bessent is wrongly advising this administration by downplaying the role tariffs will have on overall inflation. Bessent told reporters not...

US Treasury Secretary Says China Will “Eat any Tariffs”

The primary policy implemented under the Trump Administration that I believe has the potential to destroy the US economy is tariffs. The very people who are...

Over a Quarter of Canadians See US as an Enemy

The once strong alliance between Canada and the United States has come to an abrupt halt. More so than tariffs, Canadians were offended when President Donald Trump...

Homebuilder Sentiment Down as Tariffs Loom

Tariff threats have dampened homebuilding confidence. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index dropped five points from...

China Implements 15% Tariff on US Coal

China is hitting back with 15% tariffs on US coal. America sent 11.6 million tons of coal to China, with 6.46% of all US coal imports flowing into China. Climate...

Canadian Tariffs Delayed – WHY?

Canada has followed Mexico in a recent move to expand border security to temporarily delay tariffs. Justin Trudeau announced that $1.3 billion will go into a border...

Mexico’s Tariff Turnaround?

The Mexican peso and Canadian dollar both saw notable declines right before the 25% tariffs were implemented. The US markets fell in early trading as CONFIDENCE...