Work for CTA. Free markets and free trade without government intervention. Expanding the pie. Reducing Poverty. The Classics. Sci-fi. Tweets are my own.
The authors analyze 125,000 US households' transactions to measure how 2025 tariffs affected spending. Tariffs passed through 15-20% to retail prices, raising affected-good prices 1-2%. But households cut spending by 3 to 4 times the price increase. (1/3) https://t.co/tigAbc3M2y
Power comes and goes. But influence sticks around.
Here’s our list of the experts and advocates, outside the government, who are playing big roles in Washington’s policy debates.
https://t.co/p8lS12ZpqD
The next edition of CTA’s “Conversation with a Commissioner” speaker series is coming up! On May 5, @USCPSC Acting Chairman @FeldmanCPSC will make his second appearance in the speaker series. Under Chairman Feldman's leadership, CPSC is modernizing how it works to protect American consumers by investing in data, analytics and AI-enabled tools to improve injury surveillance, accelerate decision-making and provide clearer guidance to businesses.
American biz needs a level playing field to compete globally. Thanks to @RepBaumgartner & leaders who recognize the importance of the US-Korea partnership and push our longtime ally to roll back regulatory measures that unfairly target American companies. https://t.co/tF4CiD3Z6G
"The scale of the supply shock we're seeing in the aluminium market is probably the largest single supply shock a base metals market has suffered in the post-2000 era" 😬 https://t.co/DANwhQHImw
"These [pro-tariff] arguments carry populist appeal, but they falter when confronted with the economics of manufacturing and the realities of global supply chains."
TOMORROW: At the Digital Patriots Dinner during CTA Tech Week, we will honor White House Science and Technology Advisor @mkratsios47, Senator @SenRandPaul, U.S. Representative @RepTedLieu and U.S. Representative @JayObernolte, and induct @Reggie and @alexisohanian into the Consumer Technology Hall of Fame.
This powerful group of policymakers and technology innovators will be recognized for their commitment to advancing policies vital to innovation in consumer technology and transforming the way we live, work and connect.
Learn more here: https://t.co/0Hi1eJkP8B
Another Fed paper finds Americans paid almost all Trump's 2025 tariffs ("pass-through of realized tariffs into import prices was close to one hundred percent"), AND that local labor market effects were "economically negligible."
All pain, no gain. https://t.co/FIgzz7XDAC
In his testimony before today’s @HouseCommerce hearing, CTA’s René Quashie emphasized how lighter-touch regulation of health wearables benefits both innovation and health outcomes.
Read more: https://t.co/SvIlEF4toy
.@alex_durante_ and I have a new piece out today that responds to @AmerCompass’s new Tariff Tally.
We find their proposed framework for how tariffs should affect the economy is flawed and inconsistent, and their presentation of the evidence is selective.
@CBP's new system for companies seeking IEEPA tariff refunds is a big step in the right direction, but more certainty is needed on future phases to ensure all eligible importers have a clear path to swift refunds of these unlawful tariffs.
"Since Mr Trump took charge, most of the comments from manufacturers that ISM has published along with its surveys have mentioned tariffs. Not one has been positive. Many of the unpublished ones are more forceful still." https://t.co/CPYmAXhPEP
"Most economists predicted that the economy’s performance would be negatively affected [by the tariffs]. Thus far data overwhelmingly indicate that is what has happened."
https://t.co/TXnARw94Md
While on spring break with my family, I realized that there is structural excess capacity of sunshine from a non-market economy off planet. We need to tariff sunshine to ensure sufficient domestic capacity utilization.
Good news! USTR can shut down its Section 301 investigation into whether imports have caused us to sacrifice our industrial base. Manuf. imports from the countries being investigated increased by $1.6 trillion from 2000-2024. US manufacturing GDP for that period 𝚍̷𝚎̷𝚌̷𝚛̷𝚎̷𝚊̷𝚜̷𝚎̷𝚍̷ increased by $1.3 trillion.
Update. The Court in our tariffs case has just rejected the Government’s delay tactic with tariff refunds. We will be proceeding immediately to get the refunds Americans are owed.
STATEMENT FROM LJC: On Friday, the government asked the Federal Circuit to delay refunds for at least 90 more days.
This morning, we filed our reply and told the court: No
The Supreme Court has already affirmed that these tariffs were unlawful. The condition for issuing the mandate has been satisfied. There is no legal basis for further delay.
The mandate should issue and the refunds should begin. https://t.co/osoVzP5Sjt @sarawynne@neal_katyal