by jpitney | Jun 13, 2025 | Economic Policy, Trade
Ana Swanson and Alan Rappeport at NYT: Washing machines, refrigerators and other common household appliances made with steel parts will soon be subject to expanded tariffs, the Commerce Department said Thursday. The department said in a notice that levies would take...
by jpitney | Jun 8, 2025 | Debt, Economic Policy
From the Committee for a Responsible Federal Budget:
by jpitney | Jun 7, 2025 | California Politics, Economic Policy
Dan Walters at CalMatters: The disappearance of inter-party competition means Democrats have been free to implement their responses to multiple issues spawned by the state’s economic and cultural complexity — such things as erratic water supply, low-performing public...
by jpitney | Apr 28, 2025 | California Politics, Economic Policy
Allysia Finley at WSJ: California is losing jobs—54,800 during the first three months of this year. Valero this month announced plans to close a major refinery, portending gasoline shortages and price spikes. Insurance and electricity rates are soaring. Fifty-four...
by jpitney | Apr 28, 2025 | Congress, Economic Policy, Trade
Don Wolfensberger at The Hill: The first tangible sign of bipartisan pushback to the president’s tariffs occurred in the Senate where Sen. Tim Kaine (D-Va.) introduced a bill to undo the 25 percent tariff against Canadian goods. On April 3, that measure passed, 51-48,...
by jpitney | Apr 24, 2025 | Economic Policy, Taxes, Trade
Understanding the Effects of Tariffs By Kyle Pomerleau | Erica York Abstract We provide an overview of the major implications of tariffs on the economy, federal revenue, and households. Tariffs do not directly affect the trade deficit, which is driven by net lending...