After several years of high inflation, such a risk is now more pronounced. Worse still, tariffs also crimp economic growth by creating “deadweight loss”, as demand is skewed towards domestic ...
JPMorgan Chase CEO Jamie Dimon said Wednesday that while tariffs may lead to consumer price increases, they have other potential benefits. "They're an economic weapon, you know, depending how you ...
Donald Trump's recent threat to impose 25 percent tariffs on Canada and Mexico are a negotiating tactic, the president's long-time informal economic advisor argued Wednesday. "Donald Trump is ...
He also compared Europe’s value-added taxes — also known as VAT taxes — to a “non-economic or non-monetary tariff”. “ From the standpoint of America, the EU treats us very ...