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209.6K views
25% tariffs on Canada & Mexico would cause lower GDP & higher inflation than otherwise in all three countries, including the US—& the damage would be even worse if Canada & Mexico retaliate.
Learn more: https://t.co/XuSWijqlfX
84.5K views
NEW: Former President Trump recently mused that he might impose even higher tariffs than earlier proposed.
A 20% across-the-board tariff + 60% tariff on China would cost a typical US household more than $2,600 a year, up from the $1,700 if it was 10%. #PIIECharts
77K views
Since the enactment of the CHIPS Act, the US has been on track to add more construction for computer & electronics manufacturing in 2024 alone than it did during the 20 years before the Act. #PIIECharts
Learn more: https://t.co/txr8pi06no
43.4K views
25% tariffs on Mexico & Canada + the 10% tariffs that are already in effect on China, could cost the typical American household more than $1,200 per year—& this analysis doesn't include the additional 10% on China recently announced. #PIIECharts
More: https://t.co/hAgFwihcYw
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🔥 Top post: 25% tariffs on Canada & Mexico would cause lower GDP & h · 209.6K views
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🔥 Top post
25% tariffs on Canada & Mexico would cause lower GDP & higher inflation than otherwise in all three countries, including the US—& the damage would be even worse if Canada & Mexico retaliate.
Learn more: https://t.co/XuSWijqlfX
25% tariffs on Mexico & Canada + the 10% tariffs that are already in effect on China, could cost the typical American household more than $1,200 per year—& this analysis doesn't include the additional 10% on China recently announce…
Here are the imports from Mexico & Canada that will be hit the hardest by the 25% tariffs...
From Mexico: transport equipment, fruits & vegetables, electronics, & machinery
From Canada: wood products, metals, fuels, food produc…
NEW: Former President Trump recently mused that he might impose even higher tariffs than earlier proposed.
A 20% across-the-board tariff + 60% tariff on China would cost a typical US household more than $2,600 a year, up from the $1,700 i…
Since the enactment of the CHIPS Act, the US has been on track to add more construction for computer & electronics manufacturing in 2024 alone than it did during the 20 years before the Act. #PIIECharts
Learn more: https://t.co/txr8pi0…
.@ChadBown finds China bought none of the extra $200 billion of US exports in Trump's "historical" Phase One trade deal.
Learn why here: https://t.co/MNABein4nV
the economist urge to ask a question that's more of a comment
| ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄ ̄|
| Breathe, check facts |
| before sharing info, & |
| care of yourself |
|____________|
\ (•◡•) /
\ /
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Trump’s tariffs resulted in a sharp decline in US imports from China of many of critical medical products needed to fight #COVID19 between 2017 and 2019.
Trump HAS gotten China to lower its tariffs...on everyone else. China has increased tariffs on US exports to an average 20.7%. But China has also *reduced* tariffs on competing products imported from everyone else to an average of only 6.7…
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