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On April 2, 2025, the U.S. administration unveiled extensive reciprocal tariffs, impacting all trading partners, a move underpinned by the International Emergency Economic Powers Act of 1977. Effective April 5th, …
U.S. Liberation Day: Tariff Changes and Their Global Impact Read More
The recent tariff announcement by United States President Donald Trump has significantly disrupted the established norms of global trade. For a small trading nation like New Zealand, which heavily depends …
Understanding Tariffs: Impact on New Zealand’s Economy and Consumers Read More
In a bid to invigorate U.S. manufacturing and enhance job creation, President Donald Trump has unveiled a series of global reciprocal tariffs. This initiative features a blanket 10% tariff on …
Impact of Tariffs on New York Trade Market: Insights from an Economics Professor Read More
Donald Trump has now decided to fulfil his campaign promise to “build that wall”—though not with steel fencing. Instead, he plans to construct a formidable barrier of tariffs aimed at …
Trump’s Tariff Wall: Economic Liberation or Imminent Doom? Read More
In a dramatic move, President Trump has announced a sweeping set of tariffs on all imports, dubbed his “Declaration of Economic Independence.” This bold plan institutes a baseline 10% tariff, …
Trump Implements 10% Tariffs in Economic Independence Declaration Read More
In a recent reflection on President Trump’s tariffs, a visit to a Washington Nationals game underscored the prevalence of foreign-made merchandise. A family outing revealed goods crafted in Nicaragua, Bangladesh, …
The Economic Consequences of Trump’s Tariffs: A Necessary Reflection Read More
In a striking forecast, Tourism Economics warns that international travel to the U.S. may plummet by 9.4% this year, nearly doubling earlier predictions of a 5% decline. Adam Sacks, the …
Forecasted Decline in U.S. Tourism Linked to Trump Administration Policies Read More
In the tangled web of economics, a rare consensus emerges: tariffs burden consumers and benefit only politicians, asserts Daniel Freeman. While economists rarely align, they rally against tariffs—taxes levied on …
Economics 101: The Burden of Tariffs on Consumers Read More
Transborder travel between Canada and the US is witnessing a significant downturn, with advance bookings plummeting by 70% year-on-year, potentially signalling a similar fate for transatlantic travel with Europe. Economic …
Will Transatlantic Travel Decline Due to the U.S. Economic and Political Climate? Read More
Economists are raising alarms about the potential impact of foreign boycotts against U.S. products, ignited by tariff threats, which may significantly affect the nation’s GDP. According to a report by …
Impact of Foreign Boycotts and Tariffs on U.S. GDP: Key Insights Read More