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SMOOT HAWLEY TARIFF
How Trump's trade war is different from all other trade warsTrade policy under President Trump has deviated sharply from historical norms, raising concerns of a global trade war reminiscent of the 19...
Americans are paying dearly: From the grocery aisle to Wall Street, Donald Trump’s tariff war sinks $4 trillion and spikes prices on essentials by $115 millionTrump’s tariff war is hitting Americans where it hurts most — their wallets and investments. From soaring prices on groceries to a shocking...
Major trade wars since the 19th centuryFrom the 19th-century Opium Wars to the recent banana and beef disputes, history is replete with trade conflicts. The McKinley Tariff in 18...
‘Tariffs don’t protect, they backfire’: Former US President Ronald Reagan’s resurfaced warning echoes amid Trump’s new trade warA resurfaced video of Ronald Reagan cautioning against tariffs gains traction amidst President Trump's new trade policies. Reagan warned th...
RBI to retain liquidity focus for rate transmissionThe Monetary Policy Committee (MPC) is scheduled to announce its rate decision on Wednesday, having slashed the policy rates for the first ...
Does Kindleberger’s Spiral predict economic depressions?In times of potential crisis, the Kindleberger Spiral illustrates America's historical role in stabilizing global finance. During the Great...
Smoot-Hawley 2.0 with a 21st-century twist? Wall Street reels after Donald Trump’s Liberation Day tariffs, as top Wharton economist warns of biggest U.S policy blunder in 95 yearsJeremy Siegel from Wharton School claims Trump's tariffs are the biggest policy mistake in 95 years. He warns short-term traders of potenti...
'Waterfall' decline base case risk to US market: Chris WoodHe said April 2-when Donald Trump announced the imposition of tariffs on imports into the US-is an 'impoverishment' day, not a 'liberation'...
Trump’s tariff hikes signal impoverishment day, not liberation day: Chris Wood of JefferiesJefferies’ Chris Wood criticizes Trump’s sweeping new tariffs, calling April 2 “an impoverishment day.” With steep levies on key Asian econ...
Tariff déjà vu? Netizens go wild over claims that Trump’s tariffs are result of history repeating itself every centuryAmid President Trump's new tariffs on over 60 countries, social media buzzes with theories drawing parallels to past economic battles in 18...
Is the US headed for recession? Donald Trump, Elon Musk, and White House allies debate the economy as Wall Street signals trouble aheadRising recession fears clash with Trump’s tariff strategy as economists warn of 50/50 odds. Explore the global trade war risks and Wall Str...
Trade wars sparked by Trump tariffs would be 'catastrophic', WTO chief saysWTO chief Ngozi Okonjo-Iweala warns that retaliatory trade wars in response to U.S. President Trump's tariff threats would severely damage ...
What’s left of globalisation without the US?The change in tariff rates on all US goods imports would be huge — it would take us back to levels last seen in the 1940s.
The US can't be protectionist and world leaderUS President Joe Biden's economic nationalism challenges the Pax Americana legacy. The Smoot-Hawley Tariff Act of 1930 symbolises a protect...
A weakening WTO is leading to increased regional trade agreements, but India’s tryst with FTAs isn’t very goodPost Covid-19, with a weakening WTO, regional trade agreements will become de rigueur. However, India’s experience so far in preparing for ...
- Obama’s protectionism
President Obama is unquestionably more protectionist than Bush.
- The second New Deal
There's no guarantee of quick success of Obama’s vision of a second New Deal.