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Tag Archives: tariffs

Erik Kaiser Offers a Case Study on Tariffs

Posted on June 25, 2025 by Tony Lima

Erik Kaiser spent $1 million developing a factory in China.  He offers some advice to those trying to manage trade with that country. Continue Reading →

Posted in Current issues, Economic policy, Global Economics | Tagged China, Erik Kaiser, featured, tariffs
Erica York On White House Tariff Claims

Erica York On White House Tariff Claims

Posted on June 7, 2025 by Tony Lima

The White House made 6 claims supporting tariffs. Erica York has evaluated them.  The White House does not emerge unscathed. Continue Reading →

Posted in Current issues, Economic policy | Tagged Erica York, featured, tariffs
Tariff Memes

Tariff Memes

Posted on May 30, 2025 by Tony Lima

Luckily for me, President Trump’s tariffs have generated snark and a few memes.  Here are the best entries so far. Continue Reading →

Posted in Current issues, Economist "humor" | Tagged featured, memes, tariffs
More tariff humor

More Tariff Humor

Posted on April 12, 2025 by Tony Lima

 More tariff humor  More tariff humor  More tariff humor

Posted in Economist "humor", Global Economics | Tagged featured, memes, tariffs
Fig03 equation with first values Trump Tariffs Explained Part II

Trump Tariffs Explained Part II

Posted on April 12, 2025 by Tony Lima

If ε*φ = 2.047, the tariff should be 10%*(1 + 1/2.047) = 14.88%. And if ε*φ = 3.100, the tariff should be 10%*(1 + 1/3.100) = 13.22%. Continue Reading →

Posted in Current issues, Economic policy | Tagged balance of trade, elasticities, featured, tariffs
Fig06 VIX CNBC Weighs in on Trump Tariffs

CNBC Weighs in on Trump Tariffs

Posted on April 7, 2025 by Tony Lima

I claim “too busy” as my excuse for not getting this out faster. In any case, the coverage seems appropriate. Here’s CNBC on Trump tariffs. Continue Reading →

Posted in Current issues, Global Economics | Tagged cnbc, featured, market reaction, tariffs
Fig01 Navarro equation I Trump Tariffs Explained

Trump Tariffs Explained

Posted on April 6, 2025 by Tony Lima

Instead of looking at other countries’ tariff rates, his economic team (Peter Navarro) decided to use this equation Continue Reading →

Posted in Current issues, Global Economics | Tagged featured, Navarro, tariffs

Trump Tariffs Penguins

Posted on April 4, 2025 by Tony Lima

res. Trump imposed tariffs on nearly everywhere on the planet, including Heard and McDonald Islands.  The main population of both is penguins.  Continue Reading →

Posted in Economist "humor" | Tagged featured, Heard, McDonald, penguins, tariffs
Fig02 Toyopet-Crown Trump's Tariffs

Trump’s Tariffs

Posted on March 30, 2025 by Tony Lima

The point of tariffs is to raise prices. The price of imports rises. That reduces import quantities. Domestic automakers will raise price. Continue Reading →

Posted in Current issues, Global Economics | Tagged autarky, auto tariffs, featured, history, tariffs, Toyopet Crown
Connor O'Brien Connor O'Brien Summarizes the Federal Government Budget

Connor O’Brien Summarizes the Federal Government Budget

Posted on March 20, 2025 by Tony Lima

Income tax revenue is $2.4 trillion.  Total imports were $4.08 trillion.  That implies a tariff rate of  58.8% ignoring dynamic effects. Continue Reading →

Posted in Current issues, Math Is Hard, Using economic data | Tagged featured, federal government budget, government spending, imports, income tax revenue, tariffs

Economist Thoughts

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his customers. — Ambrose Bierce

“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.” – Ben Shapiro, podcast, September 4, 2018

Websites I Like and Use

  • Political Calculations
  • Dan Mitchell's Analysis of Tax Issues
  • Federal Reserve Bank of St. Louis
  • Federal Reserve Bank of Boston
  • Federal Deposit Insurance Corporation
  • Board of Governors of the Federal Reserve System
  • Federal Reserve Bank of Minneapolis
  • California Pension Tracker

My Other Blogs

  • California Wine Fan
  • Virginia Wine Fan
  • Oregon Wine Fan
  • My musings about technology and strategy

GonzoEcon History

Recent Posts

  • Berkley’s Natural Gas Ban Will Cost Consumers
  • Berkeley Bans Natural Gas
  • Ryan Bourne on the Minimum Wage
  • Treasury Markets Roiled by Inflation Fears
  • Something Fun From Google

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  • Berkley’s Natural Gas Ban Will Cost Consumers August 4, 2026
    Congratulations, Berkeley residents. Not only do you get to pay more for your electric stove, you also contribute to greater greenhouse gas emissions. Continue Reading →
    Tony Lima
  • Berkeley Bans Natural Gas August 4, 2026
    It’s the ultimate NIMBYism to adopt a plan that will increase overall statewide emissions, continue to outsource a major part of greenhouse gas emissions to another city, and reduce your city’s GHG emissions by a trivial amount. Continue Reading →
    Tony Lima
  • Ryan Bourne on the Minimum Wage July 15, 2026
    Periodically, some politician decides that we need a shiny new minimum wage. Yes, their proposals always move in the same direction: higher. Continue Reading →
    Tony Lima
  • Treasury Markets Roiled by Inflation Fears June 13, 2026
    Zerohedge was the first report of this I saw. The 30 year Treasury bond auction June 10 was as close as we’ve come to a failed auction. Continue Reading →
    Tony Lima
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