Editors note: Tariffs are not taxes on consumers. The supply chain is being disrupted away from China. Trump’s threat to impose tariffs on more consumer goods leaves industry anxious [Alistair Gray | August 9, 2019 | Financial Times] President Donald Trump’s plan to impose a new round of trade tariffs on Chinese imports is complicating…
Editors note: The tariffs are working. Now we need to get serious about exchange rate management. Falling producer prices add another complication to Beijing’s efforts to shore up its slowing economy [Grace Zhu | August 9, 2019 | WSJ] BEIJING—China’s producer prices fell into deflation for the first time in three years, as worries over…
Excerpt. “There is no way that the impact of these tariffs will be that substantial on the average American consumer.” says former CEO of Toys ‘R’ Us. Trade tensions are targeting consumers with the new planned tariffs on $300-billion worth of Chinese-made products. Some companies are concerned the tariffs might hit U.S. consumers harder than…
Editors’ note: This is an important and clear article by respected journalist Matthew Klein supporting the Baldwin/Hawley Competitive Dollar for Jobs and Prosperity Act. However, CPA does not want to “forget tariffs” because they are essential to address trade cheating, to conduct industrial policy to improve the composition of trade, and to address bad actor…
