Category: US Economy
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America, trying to move into manufacturing. (will it work)
It won’t be the tariffs that Trump will regret, it will be the way he is going about negotiating at the top table that will challenge his ideas and arguments. Honda and Toyota, are already manufacturers in the United States and may find themselves in an advantageous position, but that really does not tell the…
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Ninety days before Trump returns with economics 101
Once the stock exchanges around the world crashed last week, the US Treasury secretary argued that most of the investors in the exchange whose pensions were on the line were down only 40 percent, but the majority of those with pensions on the line were hammered by US bonds failure to sell. It was argued…
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The price of tariffs
Trump’s determination to get the garment industry back into the US is just one of the arguments around tariffs, but it is the failure of Trump to realise that good jobs reflect the states evolving industrial capabilities. The concept that the US will be manufacturing jeans and t-shirts and exporting them around the world is…
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The polarisation of identity
JD Vance argues that a security guarantee does not meet the defence capabilities necessary to guarantee Ukrainian sovereignty. The vice president in an interview with Fox placed his argument in front of millions of Americans who were his target audience. After the debacle of the White house meeting with Zelensky, it is not really a…
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A step to far
Trump wants the trade deficit reduced and by putting tariffs on imports Trump believes he can reduce the US trade deficit. But tariffs are a tax on the consumer and an added tax for articles that will be entering the US market. It really is a question of whether the President understands what a tariff…
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With soft power comes influence
It was very much a trick of the Conservatives in the UK to stop all spending whether the economy needed it or not. But Trump’s tactic or should I say Rubio’s is extraordinary, “Stop all Foreign Aid”. Of course they have the ultimate answer to stop voices being heard and that is to fire the person…
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The fiscal aims of the US under Trump 2.0
America is in a tiny bit of a mess, however hard it tries the deficit will not lessen and it is the idea of tariffs pushed by Trump during the election, which is meant to manage the deficit. But the idea that tariffs themselves are the b-all to the management of the US economy is…