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As tensions rise over potential trade tariffs, a local economist warns of significant economic repercussions. King Banaian, a professor at St. Cloud State University, indicates that 25% tariffs on goods …
Economist Warns of Potential Economic Fallout from Looming Tariffs Read More
Understanding Tariffs and ProtectionismPresident Donald Trump’s recent implementation of high tariffs prompts an examination of the basic economics behind government intervention. A tariff, which is essentially a tax on imports, …
Elementary Economics of Tariffs and Protectionism Read More
The Start of a Global Economic Shift President Trump’s announcement of extensive tariffs on Canada, Mexico, and China has triggered a global trade war, coming as a surprise in its …
Tariff Havoc: The Impacts of Trump’s Trade War Read More
New Tariffs Spark Economic Tensions On Tuesday, the U.S. officially initiated a tariff conflict, imposing a 25% tariff on all products from Canada and Mexico, alongside a 10% tariff on …
U.S. Tariffs Ignite Trade War: Economic Shockwaves Felt Across Borders Read More
Pause in Tariff ImplementationAfter a tense weekend of escalating trade tensions, U.S. President Donald Trump announced a 30-day pause on tariffs against Canadian goods. This decision came after Prime Minister …
Trump’s Tariff Pause Creates Uncertain Trade Landscape for Canada Read More
The Economic Fallout of Trump’s Tariffs US President Donald Trump has ignited a trade war by imposing tariffs on imports from Canada and Mexico, which has led to retaliatory measures …
Potential Price Increases Due to Trump’s Trade Tariffs Read More
In conclusion, Trump’s economic strategies, reminiscent of the ill-fated Plaza Accord, are set to unleash turbulent tides on the global marketplace. High tariffs may momentarily seem like a weapon aimed …
The Global Fallout of Trumpian Economics: A Modern Plaza Accord? Read More
In summary, the potential implementation of tariffs by President-elect Trump looms like a storm, suggesting a looming increase in consumer prices. Economists warn that it’s the everyday Americans—particularly those in …
Trump’s Tariff Talk: A Costly Gamble for U.S. Consumers Read More
In the rapidly evolving landscape of globalization, Western companies face stark realities in China. While official reports paint a picture of optimism, underlying challenges such as economic slowdown and geopolitical …
Western Firms in China: The Fading Dream Amidst Stiffening Challenges Read More
The looming specter of tariffs brings forth a complex tapestry of challenges and opportunities for US farmers. As they stand at the crossroads of agricultural trade, the consequences could ripple …
US Farmers and Economists Reflect on the Far-Reaching Effects of Tariffs Read More