Great segment from @NBCNews featuring research we conducted for @NRFnews on how much more consumers can expect to pay for clothes, shoes, etc under current tariff proposals. https://t.co/dhkSS7shTy
@mualphaxi@Noahpinion We created these graphics from @TradePartnersDC state tariff data on the increase of tariffs without legislative approval.
More background here: https://t.co/YZZUDRvAmR
Great @WSJ visualizations of @TradePartnersDC trade/tariff data. Clearly shows how the dynamic differs by sector: tariffs are generally high on apparel but low on furniture.
It also shows what a shock 25%-100% tariffs would be on many common purchases!
https://t.co/se3gu0Ojvi
Glad we could help provide some data for this @WSJecon article on key products that could be affected by potential new tariffs on Canada, Mexico, and China.
The Trump administration could change America’s relationship with its three biggest trading partners. Here is what the U.S. buys from them now. https://t.co/lxlUVlX9mN
@dieworkwear This @TradePartnersDC report estimated apparel price increase of 12-21% depending on tariff levels: https://t.co/S0KIq5PH8D
US apparel producers gain a little, but consumers lose about 20x more. Nearly all clothes remain imported. People just pay a lot more to get a lot less.
@scottlincicome Totally false that models “assume that tariffs can never stimulate domestic production.”
Models often show gains *in the protected industry* swamped by losses everywhere else. Protectionists want to ignore the 1,000 steel product mfg job losses to “create” 50 steel mfg jobs.
Important study on the impact of a proposed #portfee as part of the USTR Section 301 investigation from @TradePartnersDC - The Economic Effects of Proposed Port Fees on Chinese-Made Ships - https://t.co/JM76XpsS61
@byHeatherLong .@TradePartnersDC modeled expected impacts of a 10% universal tariff - plus 60% more for China - on 10 consumer tech products. Price spikes up to 45% result in $90 billion consumer losses (vs just $1 billion producer gains).
Full study: https://t.co/ukqwhd1F2b
Friendly reminder that #tariffsaretaxes. Also, @CTATech released new research with @TradePartnersDC on the impact of the proposed Trump tariffs today. Guess what? Tariffs increase prices and harm consumers. You can find our report here: https://t.co/5kLcLNt6IG
We love to see our congressional district export data in the wild!
@CanEmbUSA’s 🍁 Maple Leaf Awards 🍁 are a great way to highlight the importance of US-Canada trade ties.
I am honored to receive a Maple Leaf Award from Canadian Deputy Ambassador Arun Alexander!
I am pleased that my district exported $1.4 billion dollars in goods to Canada last year. Having strong trade relations with Canada helps both our countries’ economies grow.
“Cleveland-Cliffs’s tariffs would have rendered U.S. can and food manufacturers less competitive globally. One study estimated they would kill 600 jobs for each one they create.”
The @TradePartnersDC study produced for @consumerbrands:
https://t.co/msjbqk8Th8
CTA’s new report shows that revoking Permanent Normal Trade Relations (PNTR) for China would significantly drive up the cost of laptops, smartphones, and many other consumer products for American consumers. Learn more: https://t.co/cZ9BfKC1og
A Trade Partnership Worldwide analysis showed alleged rates put 600 US manufacturing jobs at risk for every 1 job they might help: https://t.co/QesR0JOGVB
The narrowed scope - and the quotes from an anonymous Biden admin official - suggest the study helped make a difference!
The Biden administration plans to announce new tariffs on can-making metal imported from China, Germany and Canada, a move that food companies say could lead to higher prices for some canned foods https://t.co/YrXlmH0Twm
“An April study by Trade Partnership Worldwide estimated that new duties would cost up to 39,780 downstream jobs while potentially creating a mere 66 new ones in tin-mill production. That means the tariffs could kill 600 jobs for each one they create.” https://t.co/xCeXrMOjNO
Joint Industry Study Flags Negative Impacts of Section 301 #Tariffs on American Consumers and U.S. Businesses https://t.co/eDN7IyPxrl #TariffsHurt#tariffsaretaxes
More than 330 million Americans are consumers who pay higher prices because of tariffs and other import protection.
Pick any estimate of the number of U.S. workers hurt by imports, it will never come close to the number of Americans who benefit from them.
Our #CDxports database has been updated to include 2021 #services#exports by district by state and congressional district. Estimates are available for 40+ sectors to 70+ destinations for 2006-2021.
Read more about it here: https://t.co/KlBApNcKus
1 out of 5 jobs in Pennsylvania depend on trade, both imports & exports. Candidates aspiring to represent the Keystone States in Congress should say more about the benefits and opportunities created by trade, @DanielGriswold writes. https://t.co/kKyJ8eeDlv
#CatoTrade
One estimate showed Trump’s steel & aluminum tariffs resulting in US job gains in the steel & aluminum industries at 26k but job losses in the economy as a whole at 433k.
@Sanjay_Patnaik & James Kunhardt call for a new US-EU trade agreement: https://t.co/xdjgWjmviu