Attention Economy


Wednesday, February 5, 2025

Trump's Tariff Agenda - Be Wary of Unintended Consequences

Tariff Man’s Risky Bet
https://www.project-syndicate.org/commentary/trump-tariffs-canada-mexico-china-by-carla-norrlof-2025-02
In betting that the economic fallout from his sweeping new tariffs will be worth the gains in border security, US President Donald Trump is gambling with America’s long-term influence and prosperity. In the future, more countries will have even stronger reasons to try to reduce their reliance on the United States.
 
Are Markets Underestimating the Tariff Problem?
https://www.wsj.com/economy/trade/are-markets-underestimating-the-tariff-problem-48ab1f17
The one-month detente with Mexico and Canada validates optimists in Wall Street, but this breeds complacency regarding a real trade war.


The World Has Changed Since Trump’s First Trade War. Other Countries Are Ready to Fight Back.
https://www.wsj.com/economy/trade/the-world-has-changed-since-trumps-first-trade-war-other-countries-are-ready-to-fight-back-2ec0f705
China, Russia and even U.S. allies have developed retaliatory options that could deeply hurt America’s economy and standard of living.  

Trump’s Move to Put Tariff Hikes Ahead of Tax Cuts Has Spooked Almost Everyone
https://www.wsj.com/politics/policy/trumps-move-to-put-tariff-hikes-ahead-of-tax-cuts-has-spooked-almost-everyone-7b9b1813
The president has an ambitious economic plan, starting with trade, and doesn’t appear interested in negotiations—yet.