Attention Economy


Friday, February 7, 2025

Tariffs - Politics versus Economics

Tariff uncertainty can be as ruinous as tariffs themselves
https://www.economist.com/finance-and-economics/2025/02/06/tariff-uncertainty-can-be-as-ruinous-as-tariffs-themselves
Whatever its geopolitical merits, the “madman theory” transfers badly to economics.
 
It’s not over: Donald Trump could still blow up global trade
https://www.economist.com/leaders/2025/02/06/its-not-over-donald-trump-could-still-blow-up-global-trade


The Early Verdict on Tariffs: Bad Economics, Better Politics
https://www.wsj.com/economy/trade/the-early-verdict-on-tariffs-bad-economics-better-politics-2d0bebb7
Markets concluded tariffs on Mexico and Canada would hurt the economy and raise prices. But they got both countries to act.
 
Related: https://www.nytimes.com/2025/02/07/world/europe/eu-tariffs-trump.html

‘Bring me my tariffs’: how Trump’s China plan was 40 years in the making
https://www.theguardian.com/news/2025/feb/06/bring-me-my-tariffs-how-trumps-china-plan-was-40-years-in-the-making


Prominent Economists on Tariffs and Trade-Related Misunderstandings:
https://www.piie.com/sites/default/files/2024-10/pb24-13.pdf
https://www.aei.org/wp-content/uploads/2014/04/-three-simple-principles-of-trade-policy_142937157317.pdf