Mon, 14 Apr 2025 01:41:10 GMT

With all this tariff uncertainty, I wonder how businesses plan and contract for the Back-to-School products this year. Amazon prime day in mid-July is going to be the first indicator of Q3 inflation.

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Tue, 14 Aug 2018 19:31:00 GMT

Imports from China have been keeping US inflation low. The current trade tariffs are especially bad because of the rising inflation in a booming economy.

https://fred.stlouisfed.org/graph/?g=kSi6

It's hard to find an economist more conservative than Robert J. Barro. For the record, here's his reaction to the tariffs:

To return to my musings about whether I support Mr. Trump, I recall a long ago assessment I made of President Nixon: He didn’t deserve to be impeached for Watergate but did deserve to be impeached for price controls. Similarly, Mr. Trump doesn’t deserve to be impeached for his myriad instances of political incorrectness, but he may deserve to be impeached for his trade war.

https://www.wsj.com/articles/i-wont-ride-the-trump-train-into-a-trade-war-1533767988

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