Tariffs and Trade Have Little Impact on Inflation
The evidence is clear: neither tariffs nor the surge of imports from trade liberalization have had a significant effect on inflation, positive or negative.
New Federal Reserve Study Confirms Low Inflation Impact for Trump Tariff Proposals
The study confirms that even President Trump’s most substantial tariff increases have a minimal impact on inflation, leading to a small total cumulative price increase, likely spread out over several years.
China “Owns” America’s Generic Drug Supply Chain, U.S. China Commission Says
It’s the most well-known secret on Capitol Hill: China owns the American generic drug supply chain. Basic thyroid or blood pressure medications might finally be put into pill form in an Indian lab and sold under an Indian brand like Cipla. But the organic compounds, or key starting materials, mostly come from China.