Tag: trade policy

Trade Winds Shifting: Nations Seize Opportunity Amidst US Tariff Storm

Trade Winds Shifting: Nations Seize Opportunity Amidst US Tariff Storm

The past four years have been a particularly fraught time in global trade. Indeed, much of this turmoil has been a direct result of the tariff policies imposed by the U.S. Underlying the positive reactions were those who initially reacted to these policies with concern and apprehension. Look a little...

Shielding America: The Case for Strategic Tariffs on Autos and Pharma

Shielding America: The Case for Strategic Tariffs on Autos and Pharma

The global economy is a labyrinth of rapidly shifting interrelated markets. As a dominant small-c coastal power, the United States needs to be careful how it sails these waters in order to protect its interests. We have a largely overlooked but powerful tool at our disposal—tariffs, or taxes on imported...

Pump Prices Under Pressure? Decoding Tariffs on Venezuelan Oil

Pump Prices Under Pressure? Decoding Tariffs on Venezuelan Oil

The energy landscape in the United States is rapidly evolving. It’s in a constant dance with global politics, economic policies, and consumer demand. The recent imposition of tariffs on Venezuelan oil recently created a firestorm. These tariffs have come under criticism for potentially increasing gasoline prices and affecting U.S. consumer...

U.S. to Impose 25% Tariff on Nations Trading Oil with Venezuela

U.S. to Impose 25% Tariff on Nations Trading Oil with Venezuela

Beginning April 2, the United States will slap on a massive 25% tariff. This tariff directly punishes countries, like China and India, that are buying oil and gas from Venezuela. Former President Donald Trump introduced the novel trade restriction, blaming Venezuela’s purported behavior as the reason for the tariff. This...

Tariffs Fuel Inflation Concerns and Economic Debate

Tariffs Fuel Inflation Concerns and Economic Debate

Tariffs are intended to shield U.S. businesses by increasing the price of foreign goods, thereby reducing competition from abroad. Critics are taking aim at their inflationary effects and general impact on the economy. The Trump administration did exactly this on a massive scale using these tariffs. Today, they continue to...