Tariffs
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 ...
Business & Economics
Learn more about Trump's tax plan
How Trump’s Tax Plan Could Affect the Middle Class
Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Learn more about Trump's tax plan
How Trump’s Tax Plan Could Affect the Middle Class
Another key factor among the 2017 tax law changes enacted during Trump’s first term was the provision that brought the U.S. corporate income tax rates in line with those levied in Europe and Asia. “This tax reduction improved U.S. economic competitiveness, accelerating income growth for middle-class families,” said Wayne Winegarden, ...
