Politics

What will sector-specific tariffs cost?

Executive Summary  Introduction  Although President Trump has paused his April 2 “Liberation Day” tariffs for 90 days, he continues to threaten immanent sector-specific tariffs. The threatened sectors include pharmaceuticals, copper, lumber, semiconductors, chemicals and minerals, and energy, which combined account for roughly 20-percent of U.S. imports and include most products initially exempted from “Liberation Day” … Continue reading

Playing Chicken with a Coyote: Why the U.S. has Less Leverage over Mexico than Trump Believes
Politics

Playing Chicken with a Coyote: Why the U.S. has Less Leverage over Mexico than Trump Believes

Executive Summary Introduction In the 1955 movie A Rebel Without a Cause, James Dean introduced Americans to the game of “chicken,” wherein two cars accelerate towards each other until one swerves. The swerving car’s driver is labeled the “chicken,” and the steady driver wins. Eighty years later, the game of chicken is not just a … Continue reading