by Anna Kaminski, Michigan Advance TOPEKA — Collin Tuthill, president of one of the country’s largest canned and frozen food importers and distributors, said the current state of the U.S. food industry is “like we live in some kind of alternate universe.” The most efficient industry is being hit the hardest by tariff policies and […]
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Tariffs
The Only Winners in This Trade War Will Be Trump and His Fellow Billionaires
Trump’s erratic tariffs aren’t a recipe for an industrial comeback. They’re a recipe for corruption. By Peter Certo | April 30, 2025 ( Otherwords.org ) – President Biden left behind an economy that was pretty healthy, conventionally speaking. Unemployment was low and wages were rising, but stubbornly high costs of living opened a door for […]
How Trump’s Historically High Tariffs will Hurt the US Economy
ByBedassa Tadesse, University of Minnesota Duluth (The Conversation) – President Donald Trump unveiled a sweeping new tariff plan on April 2, 2025, to reshape U.S. trade and boost domestic industry. Framing the announcement as “Liberation Day,” he proposed a 10% tariff on essentially all imports, with steeper rates for major trade partners, including 34% on […]
Trump’s Mega-Tariffs will Concentrate Wealth even More
Import taxes will be passed onto the consumer, while the rich will prosper from slashed taxes. by Omar Ocampo | – ( Inequality.org ) – Trump’s trade policies have been wildly unpredictable in the first two months of his second presidency. Tariff deadlines have come and been delayed with no rhyme or reason, leaving cross-border […]
How Trump’s Tariffs are driving Asia and the Gulf into China’s Arms
London (Special to Informed Comment; Feature) – US President Donald Trump’s America First trade policy has seen the global economy enter a new era of protectionism in the two months since he took office. The US leader has embarked on a series of trade wars with countries that run trade deficits with the US, including […]
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