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rose98734
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@rose98734
0
9 days ago
economy
Trump's tariffs hurt US auto sales
US retail sales for May came in lower than expected, down 0.9% from April, and the culprit was auto sales. Here's the breakdown by sector: source Recall tha
@rose98734
0
14 days ago
economy
Canada prepares a surrender to the US in a new trade deal
On the 11th June, The Economist magazine published an exclusive on the new trade deal Canadian Prime Minister Mark Carney was negotiating with President Trump. 24 hours later…
@rose98734
0
25 days ago
economy
Central banks continue co-ordinated Quantitative Tightening as inflation pressures persist
All the major central banks are now engaged in Quantitative Tightening, including at last the Japanese Central Bank. Japan has been the source of excess liquidity in the world…
@rose98734
0
30 days ago
economy
How much revenue is being generated by Trump's tariffs?
There has been some debate as to whether President Trump's tariffs are a negotiating tactic to get better terms of trade, or whether they are a revenue-raising policy. It now…
@rose98734
0
about 1 month ago
economy
Trump puts 50% tariffs on the EU - what happens next?
President Trump has just announced 50% tariffs on the EU, effective on June 1st 2025. Here is his Truth Social post: source He says it's because negotiations with the EU
@rose98734
0
about 1 month ago
economy
What can we learn from the trade deals the USA has agreed with the UK and China?
In the last week, the Trump administration has managed to calm the trade war by agreeing provisional deals with the UK and China. Starting with China first because it's…
@rose98734
0
2 months ago
economy
When will the supply shock hit American shelves?
First, a timeline of when the tariffs came into force: On April 2nd, "Liberation Day", a range of tariffs were announced, from 10% on the UK and Australia, 20% on the EU to 50%…
@rose98734
0
2 months ago
economy
Supply shock incoming for the United States
In an interview with Yahoo media on April 15th, Treasury Secretary Scott Bessent said , "No one thinks steep China tariffs are sustainable over the long run". He was…
@rose98734
0
3 months ago
economy
Watch the bond markets! Bond yields will be a clue whether the crisis will get worse or not
One of the theories some pundits put forward for the huge tariffs, is that the Trump administration was trying to push bond yields lower. The reasoning went as follows: Scare…
@rose98734
0
3 months ago
economy
Trump's new tariffs close loopholes used by China's proxies
So Trump announced new tariffs today, which are applicable to pretty much every country in the world. The minimum baseline tariff is 10%, but a lot of countries were hit with…
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