The Real Case for Protectionism
MBD responds to David Bahnsen’s reaction to his critique of free trade. Source link
Tag
Tariffs
Trump says gold will not face tariffs after customs confusion
PRESIDENT Donald Trump said Monday that gold imports will not face additional tariffs, days after confusion flared on whether recent hikes applied to certain gold bars -…
Shoe Firms, Consumers Get Big Break as Trump Extends China Tariff Deadline
American President Donald Trump doesn’t want to be the grinch that stole Christmas. On Monday, he signed an executive order that extended the Aug. 12 deadline on higher tariffs for China…
Where’s the New Opportunity in Footwear Production? Jack Erwin President Sounds Off
Paul Farago, president of footwear brands Jack Erwin and Ace Marks, has been navigating the shifting tariff backdrop firsthand for years. More importantly, he’s already seeing a structural…
Acai berry producers are concerned as Trump imposes tariffs on Brazil's exports
When U.S. President Donald Trump imposed tariffs of 50% on Brazilian exports in July, acai producer Ailson Ferreira Moreira felt immediately concerned. Source link
Trump warns of another depression for U.S. if courts rule against his tariffs
President Trump warned that any court rulings against his tariff policy would cause the country to suffer another Great Depression. Source link
India reacts to Trump’s 50% tariffs with pause on U.S. weapons purchase
New Delhi has put on hold its plans to procure new U.S. weapons and aircraft, according to three Indian officials familiar with the matter, in India’s first concrete sign of discontent…
China’s SMIC says Trump tariffs did not cause expected ‘hard landing’
China’s top foundry Semiconductor Manufacturing International Corporation (SMIC) said on Friday (Aug 8) US tariff policy had not led to a “hard landing” the company had initially feared…
Crocs’ CEO Eyes ‘Bold Decisions’ for Sustainable Growth and Cash Flow
Some consumers have become super cautious, but that’s not stopping Crocs Inc. CEO from taking some bold steps to ensure sustainable growth on a going-forward basis. “As we have…
How Wall Street is responding to Trump’s new tariffs on dozens of countries
Stocks are rising on Wall Street Thursday, even as President Donald Trump’s latest tariffs take effect on dozens of countries. The S&P 500 added 0.6% and is flirting with its record, which…
South Korea says Samsung, SK Hynix will not be subject to 100% US chip tariffs
South Korea’s top trade envoy Yeo Han-koo said on Thursday that Samsung Electronics and SK Hynix will not be subject to 100 per cent US tariffs on chips. Yeo said on radio that…
Trump doubles India’s tariffs to 50% after oil trade with Russia
President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United…
Honda posts 50% fall in Q1 operating profit on tariffs, lifts full-year forecast
The automaker says full-year operating profit took a smaller hit from tariffs than initially projected in May Honda Motor reported a 50 per cent drop in first-quarter operating…
Asia: Investors walk fine line as Trump tariffs temper rate hopes
Asian investors trod warily on Wednesday amid lingering uncertainty over Donald Trump’s trade war, while another round of data indicated further weakness in the US economy but added…
PETA urges Trump administration to add tariffs on Chinese products made from animal skins, furs
People for the Ethical Treatment of Animals on Monday urged the Trump administration to add tariffs on Chinese products made from animal skin or fur, saying the move would send a message…
Trump threatens to 'substantially' raise tariffs on India for buying Russian oil
President Trump said Monday that he will be "substantially raising" the tariffs on Indian exports to the U.S. over its decision to purchase Russian oil, following through on his promise…
Trade Show Organizers Discuss Impact of Tariffs and Importance of Connecting Face-to-Face
The past few months have been a wild ride for shoe companies prepping for the fall 2025 and spring 2026 seasons, ever since U.S. President Donald Trump announced, paused and then delayed…
Asia: Markets fluctuate as traders weigh tariffs, US jobs
Asian markets flitted between gains and losses on Monday as investors continued to digest last week’s tariff blitz by Donald Trump and a US jobs report that fanned fears about the world’s…
Disappointing employment numbers, tariffs uncertainty dog Trump with Democrats seeking foothold
Weak economic indicators are making President Trump's supporters nervous and Democrats increasingly hopeful about a political comeback. Source link
Wall Street banks lose ground in Europe as tariffs spook clients
AS US President Donald Trump has ratcheted up his rhetoric against trading partners in Europe, corporates across the continent are taking notice. Some companies have begun to diversify…
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries last Thursday (Jul 31). The adjusted rates came…
Europe: Shares log biggest daily drop since April after US tariffs hike
European stocks logged their biggest one-day drop in over three months on Friday (Aug 1), at the end of a busy week as investors grappled with the repercussions of fresh US levies on…
With Trump ‘Dug In’ on Tariffs, GOP Lawmakers Decide to Wait and See
‘We’re clearly in uncharted waters,’ says Senator John Kennedy. Source link
The economy is limping, not booming, and the costs of Trump’s tariffs can be seen all over this week’s data
If you’re interested in understanding the current state of the U.S. economy and corporate America, and what the rest of the year might look like (and who isn’t?), this was the week for…