Why the impact of tariffs may not be what you think The actual tariff rate is roughly half what the White House policies would suggest, according to a new working paper. Axios · Jan 6
‘I have a deficit at my grocery store’: Senator Rand Paul mocks Trump’s odd trade views Paul calls trades ‘mutally beneficial,’ adding: ‘If you want to sell me your coat and I give your $200 for it, we both agree to it and we’re both happy with the trade.’ The Independent UK · Apr 9, 2025
Economist Credited As Inspiration For Trump's Tariff Formula Claims The Administration 'Got It All Wrong' Brent Neiman, a Chicago economist believed to be the inspiration for Trump's tariffs reveals he was shocked to learn he was associated with the policy, saying they got the math wrong. Latin Times · Apr 8, 2025
Treasury official says budget assistance designed to help Ukraine anti-corruption efforts Just back from a visit to Ukraine, a U.S. Treasury official is describing a country whose wartime economy has proven resilient in the face of Russia’s invasion, and he says U.S. and allied budget assistance is designed to help Ukraine combat corruption and increase transparency The Independent UK · Jun 4, 2024
Yellen To Press China On 'Unfair' Trade Practices During Visit US Treasury Secretary Janet Yellen leaves Wednesday for China, for the second time in less than a year to manage ties as Washington maintains a tough stance on Beijing ahead of November's election. International Business Times · Apr 3, 2024
Russia unable to veto work underway in multilateral bodies like G20, IMF - Treasury Russia still belongs to the International Monetary Fund and the Group of 20 economies, but has been unable to veto work being done at such multilateral bodies in response to Russia's invasion of Ukraine, a senior U.S. official said on Tuesday. Reuters · Sep 20, 2022
U.S. Treasury official criticizes China's 'unconventional' debt practices A top adviser to U.S. Treasury Secretary Janet Yellen warned on Tuesday that China's foot-dragging on debt relief could burden dozens of low- and middle-income countries with years of debt servicing problems, lower growth and underinvestment. Reuters · Sep 20, 2022