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Beiträge, die mit TARIFFS getaggt sind

A reminder of something to keep in mind when you are reading or hearing news articles about economic policy, fiscal policy, monetary policy, or tax policy. The reporter would not likely have followed journalism as a career if they had been strong in math.

#Canada #cdnmedia #media #Tariffs #taxes #economics
#canada #cdnmedia #media #economics #taxes #tariffs

News at 6AM: A #ceasefire between #Israel and #Hezbollah, supported by the US and G7, has commenced. President #Trump is considering a 25% tariff on Mexican and Canadian imports, alongside further #tariffs on #China. The #UK might ease electric vehicle goals amid declining interest. A woman has been imprisoned for concealing her infant in a drawer. Parliament debates on assisted dying legislation, while five individuals were rescued from a yacht disaster in the Red Sea.
#uk #trump #israel #china #Hezbollah #ceasefire #tariffs

You know which historical figure enacted high #tariffs?

Mussolini

#TIL
#TIL #tariffs

Good evening. It's 9PM, Tuesday, 26th November. The headlines: #Israel has consented to a ceasefire with #Hezbollah. #Russia has deployed an unprecedented number of drones over #Ukraine. The proprietor of Vauxhall plans to close its Luton plant. MPs are discussing assisted dying. Sir Rod Stewart is confirmed for Glastonbury's 'Legends' slot. President #Trump has declared #tariffs on goods from #Canada, #Mexico, and China.
#ukraine #russia #trump #canada #israel #Mexico #Hezbollah #tariffs

Good evening. It's 6PM, Tuesday, 26th November. The headlines: #UK MPs discuss changes to assisted dying legislation. A fresh scheme addresses the 9.3 million non-working Britons. #Israel escalates strikes on Beirut, focusing on Hezbollah during truce talks. #Trump proposes prompt #trade #tariffs, while #Russia ousts a UK envoy over claimed spying. Storm Bert leads to extensive floods across Britain, with further downpours forecast. #BBC #News
#russia #news #uk #trump #trade #bbc #israel #tariffs

Good morning. It's 9AM, Tuesday, 26th November. The headlines: #Israel and Hezbollah appear close to a ceasefire deal. In the #UK, 9.3 million individuals are jobless and not job hunting. Donald #Trump intends to impose instant trade #tariffs. A US judge has thrown out an election case against him. #BBC #News
#news #uk #trump #bbc #israel #tariffs

"Sanctioning" the few allies America has... Canada supplies a YUGE(😎) percent of the lumber used in US home construction. Expect new housing costs to skyrocket. Afa Mexico, you may never be able to afford an Avocado again... for a start.

"JUST IN: Donald #Trump has just said: as one of my many first executive orders, I will sign all necessary documents to charge #Mexico and #Canada a 25% tariff on all products coming into the US"
Via @unusual_whales #USEconomy #Tariffs
#trump #canada #Mexico #tariffs #useconomy @unusual_whales

Would have been good for the #media to cover "Several studies show that the first #Trump #tariffs — many of which President Joe Biden kept in place & in some cases expanded — raised prices & hurt the economy. . . . If implemented at the higher end, the tariffs now proposed by Trump would cost the avg U.S. household over $2,600 per year, acc. to the Peterson Institute for International Economics. They are also expected to negatively affect the overall U.S. economy. . . "

https://www.salon.com/2024/11/20/should-you-make-major-purchases-before-tariffs/

Should you make major purchases before Trump's tariffs?

Tariffs will likely lead to price increases, though by how much remains unclear.
Salon.com
#trump #media #tariffs

Would have been good for the #media to cover "Several studies show that the first #Trump #tariffs — many of which President Joe Biden kept in place & in some cases expanded — raised prices & hurt the economy. . . . If implemented at the higher end, the tariffs now proposed by Trump would cost the avg U.S. household over $2,600 per year, acc. to the Peterson Institute for International Economics. They are also expected to negatively affect the overall U.S. economy. . . "

https://www.salon.com/2024/11/20/should-you-make-major-purchases-before-tariffs/

Should you make major purchases before Trump's tariffs?

Tariffs will likely lead to price increases, though by how much remains unclear.
Salon.com
#trump #media #tariffs

#DonnieDumbass is going to institute some of his worst economic policies right away (namely #tariffs) which will fail almost immediately as American *Importers* start complaining of having to pay this huge tax increase, while American manufactures & farmers are unable to sell their goods overseas as countries impose retaliatory tariffs upon US.

And if he *actually* starts trying to round up immigrants, the logistics will prove impossible (and the labor loss will decimate service industries.)
Trump failed at every promise he made in 2016. I've actually heard people targeted by his racist polices justify voting for him now BECAUSE he failed the first time and therefore not a threat.
#tariffs #donniedumbass

John Donigian, the senior director of #SupplyChain strategy at Moody’s, said the #tariffs could lead to higher #costs, potential #delays & pressure for #businesses to shift production closer to North America or into the #UnitedStates.

All industries would face unique challenges, he said. For #electronics, moving #production could be #slow & #costly. For #retail & #consumer #goods that try to keep costs low, inventories could fall & consumer #prices rise.

[so less stuff that’s more expensive]
#prices #tariffs #electronics #unitedstates #production #consumer #businesses #supplychain #goods #costs #delays #slow #costly #retail

#US businesses are stock piling & predicting increases to #consumer #prices in preparation for #Trump’s #tariffs.

Trump’s election is already cascading through global #SupplyChains, where companies are grappling w/his vision for international #trade & huge tariffs on foreign products. Trump has floated a 10-20% #tax on most foreign products, & a 60% #tariff on goods from China—that would raise the surcharge American importers pay to a level not seen in generations.

https://www.nytimes.com/2024/11/08/us/politics/trump-tariffs-china.html?smid=nytcore-ios-share&referringSource=articleShare
#trump #tax #us #trade #prices #tariffs #consumer #supplychains #tariff

That would cause the #FederalReserve to pause its current trajectory of lowering interest rates.

And that would run directly counter to #Trump’s goal to maintain lower interest rates as part of a policy of accelerating growth.

“Although Trump has shown a consistent preference for easy monetary policy, we believe that the #Fed would engage in a less aggressive cutting cycle under a 2nd Trump admin due to the #inflationary nature of additional #tariffs,” Nomura Holdings financial told clients.
#trump #fed #federalreserve #tariffs #inflationary

Trump Media Outsourced Jobs to #Mexico Even as #Trump Pushes “America First”
==

On the campaign trail, #DonaldTrump threatened businesses that send jobs south of the border, while his own company that runs the Truth Social platform outsourced coding jobs to workers in Mexico, outraging some staff members.

#News #TrumpMedia #Trump #Government #Business #Tariffs #Politics #Election #ELection2024 #TruthSocial

https://www.propublica.org/article/donald-trump-media-outsourced-jobs-mexico-truth-social

Trump Media Outsourced Jobs to Mexico Despite Trump’s “America First” Push

On the campaign trail, Donald Trump threatened businesses that send jobs south of the border, while his own company that runs the Truth Social platform outsourced coding jobs to workers in Mexico, outraging some staff members.
ProPublica
#news #trump #election #donaldtrump #politics #business #Mexico #government #tariffs #Election2024 #truthsocial #trumpmedia

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