Who Blinks First in the U.S.-China Trade War?
🇺🇸🇨🇳 Who Blinks First in the U.S.-China Trade War? The U.S. and China are locked in an economic standoff. Tariffs have been imposed, diplomacy has wavered, and markets are watching closely. The question now: who gives in first? Some see former President Trump’s recent talk of easing tariffs as a sign the U.S. is feeling […]
Global Trade Made America Richer, Not Poorer
Global Trade Made America Richer, Not Poorer As we debated the merits of the Trump tariffs, many argued that global trade and the US deficit—Americans buying from foreigners—have made the US poorer. Many quoted our $35 trillion government debt as evidence of American poverty driven by foreigners, outsourcing, and trading. We think people are confused. […]
Tariffs & Trade: Will They Really Make a Difference in 2025?
Since the beginning of the year, markets have corrected from all-time highs, and many in the media attribute this to the uncertainty surrounding the Trump administration’s tariff discussions. However, it’s important to remember that market corrections of around 10% occur almost every year. Given historical market volatility, the average annual correction typically falls between 7-10%, […]