tariffs

  Global trade relations have recently shifted, as protectionism threatens to dominate an increasingly interconnected world. United States President Donald Trump’s April announcement of import trade tariffs has rattled economies worldwide, casting a long shadow over trade and raising concerns about the future of cooperation. Regional trade blocs are adjusting their strategies amid this shifting […]

  Uncertainty over tariffs and federal spending have characterized the first few months of the second Donald Trump presidency. Since taking office, the Trump administration has instituted various tariffs targeting Canada, Mexico, China, the European Union and countries worldwide. This saga has led to speculation about the prospect of an “External Revenue Service,” “to collect tariffs, duties […]

  In early 2025, inflation was about 2.8 percent both in the European Union and in the United States, barely making headlines. Until mid-March, most commentators were predicting that in the following months the figure would drop further to about 2.5 percent. Everything seemed to be under control. Very few noted that the rates were […]

  Tariffs are among President Trump’s most controversial initiatives. Yes, tariffs – those deplorable taxes that apply to all, benefit few, and are despised universally by every living economist and approximately 99% of the dead ones. Across the major schools of economic thought, economists (notoriously) agree on little. Tariffs are one of the few exceptions. […]

    For me the most beautiful word in the dictionary is ‘tariff’ and it is my favorite word   Donald J. Trump     Mercantilism Roughly by the beginning of the 15th century, Mercantilism began to replace the medieval ideas of Universalism and dominated economic thinking more or less to the end of the […]