What will the impact be now that the U.S. has one of the highest tariff rates in the world? Topics covered include: Show Notes The economic consequences of Mr Trump – looking for clarity in the tariffs chaos by Neil Shearing—Capital Economics Tariff rate, most favored nation, simple mean, all products (%)—World Bank Group Donald Trump’s tariffs will fix a broken system by Peter Navarro—The Financial Times DHL Global Connectedness Tracker—DHL Objective Knowledge: An … [Read more...]
515: Tariffs and the Mar-a-Lago Accord: What Trump Really Wants
How the Trump administration is using tariffs as a negotiating tool to weaken the U.S. dollar and increase the global competitiveness of U.S. manufacturers. Topics covered include: Show Notes Stock Market News, March 10, 2025: Nasdaq Falls 4% After Trump Doesn't Rule Out Recession by Caitlin McCabe and Krystal Hur—The Wall Street Journal Trump Says US Economy Faces ‘Transition,’ Avoids Recession Call by María Paula Mijares Torres—Bloomberg Is the U.S. Heading for a … [Read more...]
427: Did the Tariffs Work? The Trade War Five Years Later
What has been the impact on trade and the trade deficit since the U.S. implemented tariffs on steel, aluminum, and goods made in China? Topics covered include: Show Notes The ‘ship backup has ended’ at Los Angeles, Long Beach ports by Alejandra Salgado—Supply Chain Dive America’s Trade Deficit Surged in 2022, Nearing $1 Trillion by Ana Swanson—The New York Times Industry study tracks China tariffs’ added costs to importers and consumers by Ben Unglesbee—Supply Chain … [Read more...]
320: Somebody Won the Election. Now What?
As we await the U.S. presidential election results, we review the results of the Trump Administration's economic policies to see if Americans are better off financially than they were four years ago. Topics covered include: Why pollsters and election models can be wrongWhy the state of the economy often drives election outcomesWhat has been the economic impact of the 2017 Tax Cuts and Jobs ActWhat has been the impact of the U.S. trade war with ChinaHow have poverty and health insurance … [Read more...]
254 Plus: Escalating Trade War, Timing of Investment Backtest and Investing in Mortgage Notes
In Plus episode 254 for the week of June 1, 2019, we look at the recent escalation of the trade war as it relates to Mexico and consider the potential impact on inflation. We review a backtest of delaying new investments until after a 5% loss in the stock market versus investing on a monthly basis. Finally, we look at buying and selling mortgage notes. … [Read more...]
251 Plus: Trade War Impact, Monetary Value, and High Yield Munis
In Plus episode 251 for the week of May 11, 2019, we look at the economic implications for the U.S. and China related to the escalation of the trade war with the imposition of higher tariffs. We take a closer look at what it means that money has value because federal governments demand taxes be paid in a designated currency. Finally, we look at the expected return and risk of high yield municipal bonds. … [Read more...]
218: Is China or the U.S. More Vulnerable?
What are the headwinds facing China that could slow economic growth, but still could lead to China growing faster than the U.S. Also, what is going on with Turkey and are other emerging market countries vulnerable to the same plight? In this episode you’ll learn: What are valuation differences between the U.S. and China..What is a balance of payment crisis.What is driving the current economic crisis is Turkey.What headwinds does China face that make it more vulnerable. Show … [Read more...]
212: Trade Wars Increase Prices and Poverty
How a complex global trade system has reduced poverty, raised incomes, increased productivity, and lowered prices while a trade war will reverse those trends. In this episode you’ll learn: Why does the U.S. run such a huge trade deficit with China. What has the U.S. tariff rate on imports been historically. How global trade decreased poverty. Why there are both good and bad unintended consequences. How businesses adapt to tariffs. Show Notes The Power Economy by John Oliver … [Read more...]
195: Has A Trade War Begun?
Why duties and other actions are necessary to address trade disputes, but across the board tariffs are a blunt instrument that can lead to a devastating trade war and global recession. In this episode you’ll learn: Show Notes ‘Trade Wars Are Good,’ Trump Tweets - Wall Street Journal Trump’s Tariffs Prompt Global Threats of Retaliation - New York Times The Effect of Imports of Aluminum on the National Security - U.S. Department of Commerce Section 232 Historical … [Read more...]
144: Trade Deficits Aren’t Always Bad. Trade Wars Are.
What causes trade deficits and how they can both help and hurt a country's economy. In this episode you'll learn: Show Notes Video of cleaning the beach in Tulum, Mexico Analysis of Trump's Economic Plan by Peter Navarro Gross Domestic Product = Consumption + Investment + Government Spending + Exports - Imports Trump's Trade Chief Makes A Rookie Mistake - Noah Smith Is Peter Navarro Wrong On Trade - Michael Pettis Wonderland: How Play Made the Modern World by … [Read more...]
