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1 week ago | 
krwg.org | Jerry Pacheco
Commentary:The latest twist in the U.S.-China trade war resulted in a lowering of U.S. tariffs of 145 percent on Chinese imports to 30 percent, and a lowering of 125 percent tariffs on U.S. imports into China to 10 percent. Additionally, a sort of truce was declared for 90 days as negotiations take place. This essentially puts tariffs on Chinese imports into the U.S. where they were before the trade war escalated and both countries slapped triple-digit tariffs on each other’s products.
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1 week ago | 
elpasoinc.com | Jerry Pacheco
On April 9, the day that reciprocal tariffs were slated to go into effect, President Donald Trump abruptly announced a 90-day pause on their implementation. Trump’s pause most likely had to do with three factors. The first was the reaction by the stock and bond markets, which were in freefall. The second was that China did not back down and imposed more and higher tariffs on U.S. imports.
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2 weeks ago | 
elpasoinc.com | Jerry Pacheco
The latest twist in the U.S.-China trade war resulted in a lowering of U.S. tariffs of 145% on Chinese imports to 30%, and a lowering of 125% tariffs on U.S. imports into China to 10%. Additionally, a sort of truce was declared for 90 days as negotiations take place. This essentially puts tariffs on Chinese imports into the U.S. where they were before the trade war escalated. While the latest development is a positive one for U.S. consumers, things can change after the 90-day reprieve.
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3 weeks ago | 
krwg.org | Jerry Pacheco
Commentary:Watching the U.S. and China’s interaction of late reminds me of two heavyweight prize fighters circling each other in the ring and throwing exploratory jabs to seek out the other’s weaknesses. Each fighter has an arsenal of brutal punching power, upper cuts, and combinations that would knock any other fighters out. Yet these two brawlers are bobbing their heads and tapping at each other without yet totally emptying their arsenal.
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4 weeks ago | 
abqjournal.com | Jerry Pacheco
Watching the interaction between the U.S. and China of late reminds me of two heavyweight prize fighters circling each other in the ring and throwing exploratory jabs to seek out the other’s weaknesses. Each fighter has an arsenal of brutal punching power, upper cuts and combinations that would knock any other fighters out. Yet, these two brawlers are bobbing their heads and tapping at each other without totally emptying their arsenal.
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1 month ago | 
krwg.org | Jerry Pacheco
Commentary:On April 9, the day that reciprocal tariffs were slated to go into effect, President Donald Trump abruptly announced a 90-day pause on their implementation. These are tariffs that Trump is imposing on most of the world’s countries, based on their trade surplus with the U.S., existing tariffs on U.S. exports, and Trump’s belief that most countries of the world have taken advantage of the U.S. in trade matters. Trump’s pause most likely had to do with three factors.
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1 month ago | 
abqjournal.com | Jerry Pacheco
On April 9, the day that reciprocal tariffs were slated to go into effect, President Donald Trump abruptly announced a 90-day pause on their implementation. These are tariffs that Trump is imposing on most of the world’s countries, based on their trade surplus with the U.S., existing tariffs on U.S. exports and Trump’s belief that most countries of the world have taken advantage of the U.S. in trade matters. Trump’s pause most likely had to do with three factors.
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1 month ago | 
krwg.org | Jerry Pacheco
Commentary:President Trump called April 2, the day he unilaterally imposed import tariffs on most nations in the world, “Liberation Day.” Down here at the U.S.-Mexico border, I think calling April 2 “Chaos Day” would be more appropriate. I have never seen so much confusion and scrambling in the trade community as I witnessed that day. So, let’s review what transpired and the layers of complicated-to-understand tariffs that have been unveiled.
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2 months ago | 
krwg.org | Jerry Pacheco
Commentary:On March 18, Mexico City lawmakers voted overwhelmingly in a move called “bullfighting without violence” to prohibit the harming or killing of bulls during bullfights. The new legislation also limits the time a bull can be in the ring. Animal rights advocates recorded this as a major victory, while bullfighting traditionalists argue that culture and history are being impinged upon. When I lived in Mexico City, I used to go to the Plaza Mexico on Sundays to watch the bullfights.
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2 months ago | 
abqjournal.com | Jerry Pacheco
On March 18, Mexico City lawmakers voted overwhelmingly in a move called “bullfighting without violence” to prohibit the harming or killing of bulls during bullfights. The new legislation also limits the time a bull can be in the ring. Animal rights advocates recorded this as a major victory, while bullfighting traditionalists argue that culture and history are being impinged upon. When I lived in Mexico City, I used to go to the Plaza Mexico on Sundays to watch the bullfights.
