The Economic Cost of Proposed 5% Tariffs on Imports from Mexico
Report Published on June 03, 2019President Trump has stated that he will impose a 5% tariff on all goods from Mexico on June 10 if Mexico does not take action to slow the volume of immigrants at the US border. The Perryman Group, an economic analysis firm based in Texas, analyzed the economic implications of such a tariff and found that it would likely cost hundreds of thousands of US jobs if enacted and maintained.
What are some takeaways from the G20 summit?
Radio Spot Broadcast via Texas State Networks on November 02, 2021Dr. Perryman lists some relevant policy adoptions and their impact.
- Tags:
- G20,
- international,
- tariffs
How did tariffs impact US businesses in September?
Radio Spot Broadcast via Texas State Networks on November 08, 2019There is mostly bad news in a new government report out on tariffs, and Dr. Perryman says Texas has paid a very steep price.
How did China respond to President Trump's threat of additional tariffs?
Radio Spot Broadcast via Texas State Networks on August 06, 2019China wasted no time in answering President Trump's threat to impose additional tariffs on $300 billion in Chinese goods September 1.
How would additional tariffs on China impact Americans?
Radio Spot Broadcast via Texas State Networks on June 19, 2019The White House is prepared to impose additional tariffs on China if President Trump and Chinese President Xi cannot resolve their trade dispute in their meeting in Japan.
Why did farmers get a second round of payments, and how else could the situation be handled?
Radio Spot Broadcast via Texas State Networks on May 28, 2019Dr. Ray Perryman says the second round of payments to farmers hurt by our trade policy with China, like the first round, doesn't make a lot of sense.
How do tariffs on imported goods impact the US?
Radio Spot Broadcast via Texas State Networks on May 14, 2019As the trade war with China takes on new urgency, there have been repeated statements by President Trump that China is paying a lot of money to the US Treasury.
How does the trade deficit impact politicians' decisions?
Radio Spot Broadcast via Texas State Networks on February 10, 2017The US trade deficit was about a half a trillion dollars last year, and Dr. Perryman says that a lot of politicians use the deficit as an excuse to impose tariffs.
Chinese Trade
Column Published in syndication June 19, 2019The latest round of potential tariffs on imports from China expands the list to include virtually everything, and almost every sector will be adversely impacted. Numerous products which were removed via the hearing process from the $34 billion ("List 1"), $16 billion ("List 2") and $200 billion ("List 3") rosters are now included in the proposed $300 billion list ("List 4").
Tariffs to the South
Column Published in syndication June 05, 2019President Trump has threatened to impose 5% tariffs on all goods from Mexico on June 10 if Mexico does not take action to slow the number of immigrants at the border. As I am writing, he has vowed to continue to escalate the levies to 25%, Mexico has threatened to retaliate, and Congress has announced that it will stop them with enough votes to override a veto. Who knows what the status will be when you are reading this? Even if the situation is resolved, the threat of such action increases uncertainty and makes it more difficult to finalize a replacement for the North American Free Trade Agreement. If the tariffs actually go into effect and are maintained, it would cost hundreds of thousands of US jobs.
- Tags:
- free trade,
- Mexico,
- NAFTA,
- tariffs,
- trade,
- US-Mexico border