Jim Walker

1 week ago | medium.com | Jim Walker

How Tariffs Really Work (Spoiler: China’s Not Paying for It)Let’s say you sell hats. You buy them from a manufacturer in China for $10 each. You could’ve gone with the Philippines, but their price is $12. So you go with the cheaper option. Right? You sell the hat for $15. That’s a $5 profit. Easy money!Then the U.S. slaps a $5 tariff on Chinese hats—because someone in government said, "Make it so!'Now here’s the key point:YOU pay the tariff, not China. Customs is in the U.S., not Shanghai.

1 month ago | smartkarma.com | Phil Rush |Jim Walker |David Mudd |Caixin Global

In today’s briefing: UK: GDP Seasonal Surge Before Slowing Walker’s Weekly: Dr. Jim’s Summary of Key Global Macro Developments – 11 April 2025 HEW: Sipping ECB Dove-Juice Real Asset Chartbook Week #2: That Was Interesting The Art of the Trade War: FIRST ROUND GOES TO THE MARKETS! CX Daily: Chinese Firms Set to Seek Alternative Sources for Key U.S. Imports UK: GDP Seasonal Surge Before Slowing Fundamental causes should not be assigned to UK GDP surging far beyond consensus expectations again...

Nov 3, 2024 | thetimes.com | Jim Walker

So finally the new Labour government in Westminster got its day in the sun with the announcement of its first budget. It seems like we have been waiting with bated breath for months to hear our fate. The only people that seem to be enjoying this power trip, too much actually, are the new prime minister, his deputy and of course Rachel Reeves, the chancellor,.

Mar 27, 2024 | thetimes.co.uk | Jim Walker

‘We feel very honoured that minister [Mairi] Gougeon has considered our facilities and has given us almost a full morning of her time.” So said Miguel Portus, chief executive of Lago Sofia, which is a fish farming business near Puerto Montt in Chile. Gougeon and her entourage of officials have been in South America to visit an aquaculture trade show and peatland projects.

Feb 1, 2024 | thetimes.co.uk | Jim Walker

Recent revelations from the Scottish leg of the UK Covid inquiry are as shocking as they are predictable. Before Nicola Sturgeon’s appearance earlier this week, you may recall that her former health secretary, Humza Yousaf, was by his own admission “winging it” during the pandemic. Just as worrying was a similar admission by one of his officials, Jason Leitch, the dentist promoted to national clinical director. One can only imagine the anger and upset this has caused to bereaved families.