Tariffs Harm American Consumers, Manufacturers and the Economy, Warns New Study
SACRAMENTO – Recently enacted and proposed tariffs will have devastating consequences for American families, businesses, and the overall economy, according to a new study by the Pacific Research Institute. The report, authored by economist Dr. Wayne Winegarden, finds that tariffs will lead to higher consumer prices, increased manufacturing costs, and reduced economic growth, while failing to achieve the intended policy goals. Even as a bargaining tactic in negotiating new trade deals, they can lead to ...
Wayne Winegarden – On the Trump Tariffs
PRI Senior Fellow in Business and Economics Dr. Wayne Winegarden joins us for a special episode with his real time analysis of the proposed (and delayed by one month) Trump tariffs on Canada, Mexico, and China. He previews his upcoming issue brief making the case that tariffs are not a sound US economic strategy for growth and prosperity, and discusses the impact that the level of tariffs President Trump is considering would have on consumers, ...
President Trump’s Tariffs Will Harm Your Pocketbook
President Trump fired the first shot of a trade war by imposing 25% tariffs on Canada and 10% tariffs on China, which will take effect on February 4 as of this writing. It also announced 25% tariffs on Mexico, but implementation has been delayed a month while the Administration negotiates with the government over fentanyl enforcement. The Trump Administration believes imposing tariffs will accelerate domestic manufacturing and strengthen the U.S. economy. Nothing could be further ...
Trending Topics
- Most Popular
- Inflation
- Minimum Wage
- Taxes
Spending Watch
Budget Gimmicks Will Not Solve The State’s Fiscal Crisis
Read about the new LA $30 minimum wage
Job Losses, Cancelled Projects Follows LA Passing $30 Minimum Wage
Spending Watch
AB 4: A Bad Idea That Costs Too Much
Trending Topics
- Most Popular
- CEQA
- Entrepreneurship
- Gas Prices
- Green Energy
- Housing
- Single Payer
- Technology
Read about the latest bill attacking worker freedom
Seeking to Override Voters, Sacramento Tries Again to Unionize Gig Workers
Assembly Bill 1340 has, as reported by Politico, “cleared its first hurdle … deepening a yearslong clash between organized labor and major California-based tech firms.” The ...
Housing Unaffordability Is A Policy Choice Not A Technology Problem
Trying to deflect the blame for the growing problem of housing affordability, politicians across the country are channeling their inner Captain Louis Renault and “rounding ...
Spending Watch
The Governor’s Special Session Will Worsen Gasoline Affordability
The Governor’s Special Session Will Worsen Gasoline Affordability Wayne Winegarden and Kerry Jackson September 2024 The special session called by Governor Gavin Newsom is supposed ...
Learn about the problems with LA's Measure ULA
Yet another example of a tax that didn’t live up to its promises
Measure ULA, approved by nearly 58% of the voters, initially imposed a 4% “mansion tax” on the sales of any homes or commercial properties valued ...
Read the latest about California's misguided energy policies
As Chevron Exits California, Will Still Attempt to Buy Its Oil Refineries?
It’s unlikely that was the plan. But it is interesting that at roughly the same time Chevron made its announcement, which was no surprise to ...
Read why latest employer is leaving California
Chevron’s Departure Highlights California’s Risky Economic Future
Companies have been decamping from California for greener pastures so frequently that, in some ways, Chevron’s announcement is barely newsworthy. The particulars of Chevron’s decision ...
Studies
