by jpitney | Feb 2, 2025 | Economic Policy, Trade
Wall Street Journal: The U.S. doesn’t produce enough lumber to meet domestic demand and thus imports about a third of the softwood used in home construction, mostly from Canada. Environmental policies restrict logging on public land in the American Northwest. Timber...
by jpitney | Feb 1, 2025 | Bipartisanship, Economic Policy, Photojournalism, Trade, Uncategorized
Phil Gramm and Larry Summers: In an extraordinary act of unity, 1,028 American professional economists in the spring of 1930 signed a letter urging Congress to reject and President Herbert Hoover to veto the Smoot-Hawley Tariff Act. Yet that June, Congress passed it...
by jpitney | Jan 30, 2025 | Trade
Scott Lincicome at Cato: As I wrote late last year, the US automotive industry is a great example of the complexities of 21st-century manufacturing and the benefits of globalization: [I]t’s widely acknowledged by automotive industry experts that freer trade and...
by jpitney | Jan 28, 2025 | China, Foreign Policy, Trade
Karlyn Bowman at AEI: There is longstanding concern in public opinion about China’s unfair trade practices as well as sustained support for protecting workers’ jobs and American manufacturing. Fifty-two percent of registered voters in the new Harvard CAPS/Harris...
by jpitney | Jan 24, 2025 | 2776, California Politics, Electoral College, Environment, History, Immigration, Jobs, Lincoln, Mass Media, Race, Redistricting, Trade, Vaccine
Connor Sheets at LAT: Los Angeles County officials missed dozens of opportunities for water infrastructure improvements that experts say probably would have enabled firefighters to save more homes during the Palisades fire, public records show. As crews battled...
by jpitney | Jan 21, 2025 | Taxes, Trade
Paul Wiseman at AP: In fact, its is importers — American companies — that pay tariffs, and the money goes to U.S. Treasury. Those companies, in turn, typically pass their higher costs on to their customers in the form of higher prices. That’s why economists say...
