Forbes9d
Understanding GDP: Why Imports Don't Actually Reduce Economic Growth
The role of imports in GDP—Gross Domestic Product—confuses many people. The current political discussion about tariffs has triggered some of the misunderstanding. This article aims to help ...
Trump aides prep new tariffs on imports worth trillions for ‘Liberation Day’
The potential to more than double the scope of Trump’s tariffs has alarmed economists and some congressional Republicans.
WAMC Northeast Public Radio1d
Tariffs: what are they, who pays, and why does it matter?
The Trump administration has imposed a 25% tariff on all imported steel and aluminum, but what is a tariff, who pays, and why ...
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's overall economic vision. He says tariffs will boost US manufacturing and protect jobs, ...
Understanding GDP: Why Imports Don't Actually Reduce Economic Growth
As GDP estimates the value of production in the US, imports are neither added nor subtracted conceptually. Everyone agrees ...