Tariffs

Drug Importation

Pipes: “Imposing tariffs on pharmaceutical products and ingredients would be a grave mistake”

Click here to download a copy of Pipes’ comments Thank you for inviting public input on the Department’s Section 232 examination of pharmaceutical imports and their relevance to U.S. national security interests. As president and CEO of the Pacific Research Institute and a longtime healthcare policy analyst, I’ve spent over ...
Blog

Why Your Next Bottle of French Champagne Could Cost More: Tariffs & US Sparkling Wine Options

When I read the news that prices on French Champagne could soon be soaring under President Trump’s tariff plan, my first response was to quickly get to my nearest Costco. Veuve Clicquot champagne, still made much like it was when first developed over 200 years ago by the “Grande Dame” ...
Commentary

Pharmaceutical Tariffs Will Have Horrific Side Effects

President Trump implemented a raft of tariffs this week. All imports are subject to a 10% import duty. Those from China are subject to a 145% tariff. Pharmaceuticals appear to be exempt from the tariffs — for now. Drug manufacturers expect to get hit with tariffs at some point; they’re ...
Business & Economics

An economist explains what trade deficits really mean

Believing the myth that trade deficits are bad, the Trump Administration imposed global reciprocal tariffs this week. The proposal threatens to derail economic prosperity and trigger a barn burner of a recession. The fallacy of this myth can be clearly seen in the U.S. economic data. Over the last half-century ...
Business & Economics

Tom Campbell – On Tariffs, DOGE and Cutting Government Waste

This week, we’re joined by former Congressman, state legislator, state Director of Finance and constitutional law scholar Tom Campbell – rated as the top government waste fighter during his tenure in the House. We discuss the President’s tariff proposals and the DOGE effort, whether Elon Musk’s team is following the ...
Business & Economics

Trade Wars Hurt Farmers

Before promising to impose tariffs on our nearest trade partners — Mexico and Canada — President Donald Trump told American farmers that they should get ready to sell more of their products domestically. The trouble with that optimism is that most farms are not corporate giants, but family operations that ...
Business & Economics

Robust Tech Company Investment Show The Folly Of Trump’s Tariffs

On February 24th, Apple announced that, over the next four years, the company will invest $500 billion into U.S. advanced manufacturing and high-tech initiatives such as artificial intelligence and silicon engineering. Additionally, the company expects to hire 20,000 people over this time frame. These investments will make important contributions to ...
Business & Economics

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 ...
Business & Economics

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 ...
Business & Economics

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 ...
Drug Importation

Pipes: “Imposing tariffs on pharmaceutical products and ingredients would be a grave mistake”

Click here to download a copy of Pipes’ comments Thank you for inviting public input on the Department’s Section 232 examination of pharmaceutical imports and their relevance to U.S. national security interests. As president and CEO of the Pacific Research Institute and a longtime healthcare policy analyst, I’ve spent over ...
Blog

Why Your Next Bottle of French Champagne Could Cost More: Tariffs & US Sparkling Wine Options

When I read the news that prices on French Champagne could soon be soaring under President Trump’s tariff plan, my first response was to quickly get to my nearest Costco. Veuve Clicquot champagne, still made much like it was when first developed over 200 years ago by the “Grande Dame” ...
Commentary

Pharmaceutical Tariffs Will Have Horrific Side Effects

President Trump implemented a raft of tariffs this week. All imports are subject to a 10% import duty. Those from China are subject to a 145% tariff. Pharmaceuticals appear to be exempt from the tariffs — for now. Drug manufacturers expect to get hit with tariffs at some point; they’re ...
Business & Economics

An economist explains what trade deficits really mean

Believing the myth that trade deficits are bad, the Trump Administration imposed global reciprocal tariffs this week. The proposal threatens to derail economic prosperity and trigger a barn burner of a recession. The fallacy of this myth can be clearly seen in the U.S. economic data. Over the last half-century ...
Business & Economics

Tom Campbell – On Tariffs, DOGE and Cutting Government Waste

This week, we’re joined by former Congressman, state legislator, state Director of Finance and constitutional law scholar Tom Campbell – rated as the top government waste fighter during his tenure in the House. We discuss the President’s tariff proposals and the DOGE effort, whether Elon Musk’s team is following the ...
Business & Economics

Trade Wars Hurt Farmers

Before promising to impose tariffs on our nearest trade partners — Mexico and Canada — President Donald Trump told American farmers that they should get ready to sell more of their products domestically. The trouble with that optimism is that most farms are not corporate giants, but family operations that ...
Business & Economics

Robust Tech Company Investment Show The Folly Of Trump’s Tariffs

On February 24th, Apple announced that, over the next four years, the company will invest $500 billion into U.S. advanced manufacturing and high-tech initiatives such as artificial intelligence and silicon engineering. Additionally, the company expects to hire 20,000 people over this time frame. These investments will make important contributions to ...
Business & Economics

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 ...
Business & Economics

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 ...
Business & Economics

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 ...
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