Trump’s Tariffs Harming Economy, Study Finds

Yahoo Finance ^ | 12/31/19 | Adriana Belmonte

[FlipWilson]

A new study from the Federal Reserve found that President Trump’s tariffs are backfiring.

According to the Fed study, the tariffs that went into effect in 2018 have led to not only higher producer prices but also a loss of jobs across the U.S. — particularly in manufacturing. . .

[trebb]

So, he is killing the economy and trashing jobs, while having the best economy in decades and the best job market in even more decades....bad President...Bad Boy!

[Political Junkie Too]

Industial production is down from year ago levels.

Down by less than 1%.

From your chart:

• Nov 2016: 101.5178
• Nov 2017: 104.4259
• Nov 2018: 106.8101
• Nov 2019: 106.0932

That comes to a 0.67% drop.

From two years ago, it's a 1.6% increase.

Since President Trump was elected, it's up by 4.5%.

-PJ

[BOBWADE]

Unfair tariffs by other trade nations is the only reason for Tariffs by President Trump. No tariffs by either side would be fair. For years our politicians have sold us out in accepting these trade deals. It has cost us Billions of dollars in trade. These bad trade deals were either due to incompetence or corruption. Makes you wonder how many bribes were paid along the way?

[meadsjn]

We have an entire party devoted to globalism and off shoring - The Republican Party.

The other party, the Democrats, are determined to foment a global genocide. Half a billion is their preferred number of living humans. They want to exterminate 6.5 Billion people.

[oincobx]

>>>From your chart:
Nov 2016: 101.5178
Nov 2017: 104.4259
Nov 2018: 106.8101
Nov 2019: 106.0932
That comes to a 0.67% drop.
From two years ago, it’s a 1.6% increase.

As you note, 2018 saw strong growth. But the tariffs really only started hitting in the second half of 2018 and escalated in 2019, which saw the decline.

[New Jersey Realist]

I’m throwing the BS flag on this.

[Jim W N]

Why they let Socialists like you who call freedom treason continue on FR I’ll never know.

Go away.

[1Old Pro]

The strong economy is what allows Trump to use tariffs for leverage as they might “harm” the economy slightly. Bottom line that the libs don’t want to understand, thinking and planning ahead may be short term pain for long term massive and sustained gain. SMART.

[gogeo]

A new study from the Federal Reserve found that President Trump’s tariffs are backfiring.

"Found," my @ss...alleges.

[Hot Tabasco]

Did she get those Glasses for Halloween?

Most of those gals on TV these days are wearing fake glasses as fashion statements in order to make them look intelligent.

[coaster123]

“I am not bailing you out of jail”

You have an excuse for every occasion. Fully committed to fear.

[TheConservativeTejano]

Oh and another thing, did any of these globalist arsehats even give a damn about manufacturing jobs as they shipped them all to Timbuktu?!!!

Partner, the MSM wants the tariffs taken off because Americans need to lose their jobs to the Chicoms.

I strongly believe that the Chicoms want to nibble at our superiority of Technological genius little by little until the Chicoms control the USA.

President Trump is trying hard to stop the nonsense from the Chicoms, since the CEO's of this great country want Americans to lose their jobs.

We have training folks from other countries to take away American jobs for years. It is pathetic to say the least.

The Chicoms are already in Hong Kong and they are using their superior force upon these folks so that the Chicoms will remain superior in the eyes of the Chicoms in China.

The first Bush could have done something but did not, then came the Clintoons, then came W. then came Obama. We had 28 years of nothing being done against the Chicoms and along comes President Trump and he did something about the Chicoms and the MSM is all over President Trump. Give us a break MSM.

[JPJones]

That’s the dumbest thing I’ve heard in a while.

[JPJones]

Ok, I read the article. “Cavallo et al. (2019) show that product composition appears to be a key determinantin the differences in tariff pass-through between U.S. imports and U.S. exports during the2018-2019 tariff escalation, while also showing that the majority of U.S. tariff increases arebeing absorbed by U.S. retailers. “

The author is just too stupid to understand it.

According to the article Manufacturing is VERY SLIGHTLY DOWN for a few months, but still UP, YEAR OVER YEAR.

[FormerFRLurker]

If it is fear to refuse to associate with hotheads or to rescue them from the consequences of their own impulsive actions, then color me as yellow as buttercups and sunshine.

For all I know you’re a Deep State plant intent on a false flag operation.

[MeganC]

She buys her makeup from the legendary make-up artist Sherman Williams.

[miserare]

She looks like a 1930’s commie.