William Crawley

RT @FrankLuntz: Consumers expect the economy to worsen. Sentiment has declined among consumers across all demographics of age, income, edu…

RT @alexwickham: A No10 spokesperson said:   “The Prime Minister has been clear, his government will always act in the national interest. A…

Trump’s trade war with China may achieve the precise opposite of what he (apparently) intends. China has more diversionary options for trade than the US currently has, and other countries may be turning now to China for trade partnerships. https://t.co/FK5GeHkbG4

RT @jimsciutto: New: Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its lat…

RT @RnaudBertrand: I'm normally not a big fan, but this is an absolutely brilliant answer by Larry Summers to the oft-repeated argument tha…

RT @JustinWolfers: This chart was made in America by skilled artisans. It also provides important context for understanding our current ta…

RT @jburnmurdoch: Economic uncertainty update: The thing about veering wildly between policy positions, favouring a new maverick advisor e…

RT @JustinWolfers: Biggest mistakes I'm seeing in early reporting: 1. Tariffmageddon isn't over: Lotsa tariffs to account for, but the ave…

This assumes that the Trump tariffs are really about tariff-reciprocity. They clearly aren’t. Eg: Singapore got tariffed even though the US already has a trade surplus with them and a free trade agreement. Trump’s plan, such as it is, seems to be about something else.

Bill Ackman @BillAckman

The formula used by the administration to calculate tariffs made other nations’ tariffs appear four times larger than they actually are. President @realDonaldTrump is not an economist and therefore relies on his advisors to do these calculations so he can determine policy.

RT @LinusEkenstam: https://t.co/xgXkU3MZjb

RT @antonioguterres: More than a month has passed without a drop of aid into Gaza. As aid has dried up, the floodgates of horror have re-o…

This is — of course — the destructive logic of trade wars.

Peter Schiff @PeterSchiff

The U.S. has consistently run annual trade surpluses in services. By Trump's logic that means that the U.S. has been cheating and ripping off other nations. Should those nations retaliate with reciprocal tariffs on U.S. services to level the playing field?

RT @CGasparino: Breaking: Sources close to the Trump White House say they are pressing on with their tariff plan based on this calculation:…

RT @ruth_deyermond: Term 2 Trump foreign policy - from tariffs to NATO to soft power to China and Russia - is an epic mess. One reason seem…

RT @gavreilly: U.S. to announce tariffs on pharmaceuticals “very shortly”, says Donald Trump. Simon Harris is in Washington for a meeting…

All together now: VAT is not a tariff.

Acyn @Acyn

Ingraham: What’s going to happen when the EU comes to the table and says we’re going to drop our tariffs… Navarro: He’s going to say why do you have 19% VAT tax.. https://t.co/jQmkPDCsRi

RT @gilescoren: I have never seen anything better than this IN MY ENTIRE LIFE!