Court Declares Trump's Section 122 Tariffs Illegal
The US Court of International Trade ruled that President Trump’s Section 122 tariffs are unlawful https://t.co/A4fMVyEmO9 https://t.co/S8jCMu5287
Popular Tax Proposals Fail to Fund Debt Solution
New @TaxFoundation research from @EconoWill on the troubling trajectory of the national debt and the role of tax reform in reaching a solution: the most popular proposals, from wealth taxes to tariffs, cannot produce sustainable revenues sufficient to address the debt...
Populist Pro‑Tariff Rhetoric Fails Against Manufacturing Economics
"These [pro-tariff] arguments carry populist appeal, but they falter when confronted with the economics of manufacturing and the realities of global supply chains."
Fed Builds Detailed Tariff Dataset to Gauge Price Impact
Pro-tariff commentators: Look, we imposed tariffs and there was no fundamental change in the inflation trend line Careful Fed analysis: Our approach to assess the effects of these new U.S. tariffs on consumer prices accounts for their sequential introduction and leverages...
Tariffs and Rising Oil Prices Fuel Dual Inflation Surge
A careful look at goods prices from RBC: "beneath the surface, the ramifications of tariffs are building, and spiking oil prices will add to pre-existing tariff price pressures with both core and headline inflation rising in tandem" https://t.co/s3UBEqwL6N https://t.co/3ATUrAvoZg
Pre‑tariff Import Rush Skews Trade‑deficit Perception
In early 2025, firms rushed imports ahead of the new tariffs, temporarily widening the trade deficit and building inventories. By late 2025-early 2026, trade flows smoothed back out. Comparisons to the earlier surge misleadingly suggest a sharp decline in the...
Consistent Framework Prevents Misreading Tariff Shock Data
Operating from an intellectually and internally consistent framework for how a policy shock like tariffs should affect the economy will help guard against misleading interpretations of the data. https://t.co/GgMqA3UftP https://t.co/cP8F1ngAEQ