The financial columnist, Matthew Lynn, is back at it. His latest essay asserts that economists still have egg on their faces because the Trump tariffs are,
Car prices are going up, but how much of it is from tariffs?
Any increases come on top of average car prices that were already hovering around $50,000. Pair that with stubbornly high interest rates, and the average monthly car payment is now $766, according …
Trump has resurrected one of economics’ oldest fallacies
Four months after Liberation Day, President Trump is poised to declare victory in his trade war. In July, he trumpeted his latest agreement with the E.U. as “the biggest deal ever made.” With…
Trump says pharma tariffs could eventually reach up to 250%
Trump said he will initially impose a "small tariff" on pharmaceuticals, but then in a year to a year and a half, he will raise that rate to 150% and then 250%.