Using Tariffs for Managing the Economy
Trade policy is the new monetary policy A recent report from the San Francisco Fed highlights a shift towards using tariffs as a macroeconomic strategy, a concept that hasn’t been fully explored by many economists. Research by Regis Barnichon and Ayush Singh, covering 150 years of data from the United States, United Kingdom, and France, […]
Why the Federal Reserve Mismanaged Tariffs
Fed Misled by Tariff Beliefs The Fed spent 2025 focused on the wrong issues. Throughout the year, officials treated President Trump’s tariffs as a serious threat to inflation. They believed the supply shock could drive up prices and make it harder for central banks to manage inflation. When these tariffs were announced, the Fed reacted […]
What will happen to tariff dividend payments if the Supreme Court overturns Trump’s tariffs?
WASHINGTON — President Trump’s proposal for $2,000 checks funded by tariff dividends relies on the government collecting vast sums in import duties. However, there’s a possibility that the Supreme Court might overturn many of these tariffs, forcing the government to repay the funds if it decides against the use of emergency powers for such impositions. […]
Trump commits to dividend payments for Americans funded by tariffs by mid-2026
Trump Promises Tariff-Funded Payments to Americans President Donald Trump announced on Monday that Americans might receive payment checks funded by tariff revenues as soon as next year. He stated that “hundreds of millions of dollars in tariffs” would likely be distributed as dividends by mid-2026. “We’ve received hundreds of millions of dollars in tariffs. We’re […]
Grocer who supports Trump considers closing 43-year-old store because of tariffs: ‘Is that the American dream? I doubt it’
Florida Grocery Store Faces Closure Due to Tariffs A grocery store that has been part of Florida communities for over 40 years could be forced to shut down because of tariffs, according to its owner, who supported President Trump in 2024. John Wong co-founded Wong Kai Imports with his brothers after their family moved from […]
Scott Bessent Shares His Expectations for the Supreme Court’s Decision on Trump’s Authority to Impose Tariffs
Treasury Secretary Expresses Confidence in Supreme Court Ruling on Tariffs On Sunday, Treasury Secretary Scott Bessent shared his optimism with Maria Bartiromo of Fox News regarding the U.S. Supreme Court’s upcoming decision about President Donald Trump’s tariffs. He mentioned that the court usually refrains from intervening in the president’s major policies. The Supreme Court is […]
A Century and a Half of Evidence Demonstrates Tariffs Reduce Inflation
New Analysis Challenges Tariff Impact Understanding A fresh evaluation of 150 years of tariff practices suggests that the business community may have misinterpreted the effects of tariffs on pricing and employment. This revelation carries significant implications, particularly for grasping President Donald Trump’s trade strategies and the Federal Reserve’s potential actions. Researchers from the Federal Reserve […]
Trump reduces tariffs on coffee and bananas to lower rising grocery costs
Tariff Cuts Announced for Coffee and Bananas The Trump administration made an announcement on Thursday about the elimination of tariffs on coffee, bananas, and various food imports. Additionally, it has chosen textile goods from four Latin American countries aimed at easing costs for American shoppers facing rising grocery prices. A trade framework agreement was established […]
Government reveals lowered tariffs on products from multiple nations
Trade Deals with Latin America Announced In a recent discussion on “The Big Weekend Show,” co-host Tomi Lahren expressed her belief that the U.S. should scale back on foreign beef imports and consider labeling “bottom lines” on such imports. The White House has unveiled new trade agreements with several Latin American nations, aiming to lower […]
Canadians Continue to Stay Away from U.S. Due to President Trump’s Tariffs
Many Canadians Continue to Shun U.S. Travel In the wake of tariffs imposed by President Trump, many Canadians are still hesitant to travel to the United States. CTV News reported that in October, the number of Canadians returning by car dropped to 1.4 million—a decrease of 30.5% compared to 2024, according to preliminary Statistics Canada […]