• How Trump's Lumber Tariffs May Have Helped Increase Home Prices

    2 monthes ago - By NY Times

    Tariffs on a Canadian import offer insights on what may happen in the United States economy as President Trump pursues his combative trade policies.
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  • Canada's Dairy Prices Have Become A Contentious Issue With U.S. Leaders

    2 monthes ago - By NPR

    President Trump laid into Canada over its tariffs on dairy imports at the G-7 meeting. Canada does have high duties on some dairy products. But damaging the U.S.-Canada relationship over dairy seems especially unwise to critics of the president's trade policies
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  • The economics of oil sanctions: A look at Iran, the law of one price, and the global bathtub

    2 monthes ago - By FRED

    Recently, we've heard a lot about new sanctions the U.S. government may impose on the Iranian economy-in particular, against Iranian oil. Sanctions are a common policy tactic, but how do they work from an economic perspective?
    First consider the supply of oil, which economists have described as a “ global bathtub “: The tub is filled by “spigots” from various suppliers and depleted by “drains” from various consumers. The global oil price is determined by the sum of these supplies and demands for oil. The graph above shows global oil prices for West Texas Intermediate, Brent, and Dubai...
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  • Mayors of 6 US cities push federal marijuana policy reform

    2 monthes ago - By Philly

    PORTLAND, Ore. - Mayors from six U.S. cities in states with legal marijuana said Monday they have formed a coalition to push for federal marijuana policy reform just days after President Donald Trump expressed support for bipartisan congressional legislation to ease the federal ban on pot.
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  • Trump's Solar Tariff May Cost Up to 23,000 U.S. Jobs, But Boost Domestic Manufacturing

    2 monthes ago - By Fortune

    Over $2.5 billion in large installation projects have been stalled or cancelled due to President Trump's newly imposed tariffs on imported solar panels, according to Reuters .
    Since 2010, the U.S. solar power sector had been growing rapidly , but then slowed 2017. Over those seven years, the solar workforce increased 168% , but now, with the tariffs, the industry may be at a standstill.
    The 30% tariff on imported panels, which President Trump announced in January, will last four years and decrease 5% each year. While the tariff may encourage investment in solar manufacturing stateside, it...
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