Trade War 2.0, Tariffs and Inflation

The U.S. imported more goods and services than it exported — around $70 billion worth — in December, according to new data from the U.S. Bureau of Economic Analysis.

A report from the JPMorgan Chase Institute looked at the impact of President Donald Trump’s tariffs on companies that often don’t have the same flexibility as larger firms to switch up their supply chains.

Facing harassment from passersby, some construction workers have reduced their hours or opted out of work altogether.

Advocates see a way to buffer against bigger countries bullying smaller ones.

The metals are used in almost every industry and could reduce the cost of cars and appliances— but the impact on everyday costs like housing and groceries will be limited.

Turns out tariffs are being paid for — drumroll, please — us. Not foreign companies, us.

Now that Organics Unlimited, a banana importer based in San Diego, isn’t feeling the bite of tariffs, the dollar’s weakness is front and center.

From the BBC World Service: President Donald Trump is now threatening to prevent the opening of the Gordie Howe International Bridge. We dig in.

From the BBC World Service: President Donald Trump announced tariff cuts on goods imported from India. We’ll interrogate the deal.

Sometimes there are real calculations behind its tariff rates. But those calculations don’t make sense to economists.