Trump's largest tax and small ambitions

Analyzing Trump Trump Tax Policy is the Akin shooting akin. To talk confidently at the beginning of the weekends there “nothing“Mexico, Canada and China can block the catches, Mexico and Canada can discuss Monday.

This is an abnormal emperday geper. It is hard enough to estimate the effects of the President of the US President but it is very difficult when there is a lot of surprise everyone at the same time, including Trump himself.

We do not know the following: Whether the US tax will take place; whether it is temporary or permanent; Whether they are pin or punishment. We do not know what reprisals are fixed. All of these things are important, before entering a uncertain rd asleep in economic models.

The economic expert should not feel the improvement of poor choice, however. Informing taxes on weekends, US President Lives his / her netholder who had ever received a tax report Only a few days. Scott GETVEN is not knowledgeable even if.

On Sunday, Trump had the best payouts of three soil in A US US FentanyL US, Leax Security, Trade failure and he The Lands on the Earth. Yes, his estimates of Canadian Trade Deficit of $ 200bN it was Too four times. Trump is untrue.

In a country where no one knows anything, this is an attempt to give you the content. Only one thing I will not stay in a small trump released by canceling the threat of payment immediately. Mexico seems to have promised to send forces to its norther no north where he is sitting and in Canada to create a fentanyl long.

How big is the price list?

Following the Trump Notice, it was soon as fast trade numbers that were walking, such as 90% of avocado Interdeerated in the US from Mexico. But what we want to know about is part of the US refuge in dealing with new values.

Clearly that the number will change over time because not US entrants will require other sellers, but it is a good start.

The chart below using the US numbers on the US to 12 months to November 2024, indicates that 40% of the US US USE from Mexico, Canada and China. With an oil from Canada over the same time about 100bn (taking the barrel of $ 60), more than half of the $ 25 percent tax.

These figures allow for other envelopes. About 40 percent of the full importation of 20 percent of the price, we can use US prices. If completely determined, and by trade patterns usually, the value rate of US tax rates will increase for eight percent.

To put this in the case of lower history, the advertisement of the Trump Seter was bigger.

The price list was rare than the decline in the general agreement on the Ratfs tax and trade (gatt) after the great 1930s stress.

Trump likes to compare the price list and USA US, and Ripham Mckinyy, who had been 49.5 tax rate in 1890.

We World Trade Commission Data Indicates the US average average fell after the october 1890 due to the number of Americans fell into 55 percent in 1891 to 1894.

Do not tell the President, which sees the cost of income, but the income tax and all of the trade of tax goods is very restricted.

The fact that trade patterns are weak in capital taxes show the main problem with a dot line in the chart below, which takes a list of trade patterns. It is not right that it is used as prophesies, but cell and a number of scales. These large payments are.

After 1890s, something that Ckinyley came to come soon when he was supporting his republic to the back of the recharge as tax rate. It should surprise, surprise, high prices.

McKinley's party lost almost half of their chairs In the election of 1890 of the month of taxes set up. Do you care about? Who knows. Do you know? It does not appear to do.

How big is the economic results?

We now know that the taking of the market patterns is very important in heaven, but I can stick to it because it is helpful to show a measurement. Submission of equipment almost 10% of US GDP. That is why the economy suggests inflation Between 0.5 percentages and 1 percent.

This is a mindless number, but re-reported a bad estimate. Why? Because we do not know how much companies will use taxes as a reason to push out other rising rates or if the tariff will be submitted to the border or the US sender.

The overall economic impact of the Trump values ​​indicating the overthrow of the US and the surprising demand for another economy. My colleagues in the ft's news Maric aCT radar has wrote a big piece of this.

As a result, the economic consequences mentioned are very difficult. We know taxes and chain can be positive in growing and inflation and that the results are almost difficult to see if they are very disturbed in the economic distraction because they were estimated in small changes.

In other words, more likely to listen to the Directorate Corinth – General of the World Trade Organization, when the Tit-Tat tax can produce a “disaster“The results. The IMF model displayed in the lower chart lifts the trade wars make less damage.

Are US customers are they cautious?

US expenditure was very powerful in four-digit binary accounts published Last week is US aboureau of economic analysis. The most interesting thing is that most of the real growth in expenditure is from strong clothes. These include 0.85% of the 2.3 percent of the percentage of recorded in the fourth term.

Are the customers of the settings that are waiting for prices and buy before prices increase? Possible. The data suggests that it is a potential story and a person who can be followed by customers if payment costs continue.

What I was learning and watch

• The previous Fed officer is held and accused of conveying the economic sections of China. As the come tobin says in Uncomfortable writing: “If someone from the Chinese University gives you $ 450,000 for part of a part-time work, Rush”

• It is not that ft ft ft Trump War will shock many people: newspaper it thinks it doesn't work

• One group of European To require more prices Are fertile producers are producers. They want dumping dumps to be used in Russia

• Martin Wolf is Frew on the UK Growth the hopes

The important chart

Before the weekend is taxing, I have set up to enjoy the housing test and its contribution to the UK. This is a fairty of interest rates of interest in interest, rental comparison and US and an important stock question of stock and travel. Blame Trump if it is already thrown.

While the Bank of England's England is worried that the UK contains inflation programs than other economies, most of the UK's UK's UK Summary. The chart below shows that the inflation rate without rent was under the latest data than the US or Eurozone.

It is difficult to see the UK as a problem with inflation that some suffer. We'll see the boE interpretation when deciding on interest rate on Thursday.