Tracking Trump's Tariffs and Turbulent Trade Talks

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

Investopedia opinion piece. Take it and anything I post fwiw and dyodd.

There's one thing Trump could do to turbocharge the global economy and crush inflation​

  • President Donald Trump could boost global economic growth by 0.5 percentage points if he negotiated away his "Liberation Day" tariffs by striking free trade deals with other countries, an analysis found.
  • There's no indication that tariffs will suddenly be removed, but the paper highlighted the extreme impact they've had on the global economy.
  • U.S. consumers would see lower inflation in the coming years if the tariffs went away, the analysis found.
President Donald Trump could invigorate the global economy and stamp out inflation quickly. All it would take would be scrapping his signature economic policy.

More:

https://www.msn.com/en-us/money/mar...-crush-inflation/ar-AA1SLHn4?ocid=socialshare
 

Tariffs hit boots, bags and more as leather prices jump — and relief could be years away​

  • Tariffs and supply chain disruptions have pushed leather prices higher in 2025, with boots, handbags and furniture rising, some at near double-digit rates, at retail.
  • Companies like Twisted X, Coach owner Tapestry and Steve Madden are being hit by higher tariffs, freight costs and scarce hides are creating sustained margin pressure.
  • Analysts warn leather goods prices could climb another roughly 22% over the next two years as tariffs, global bottlenecks and a shrinking U.S. cattle herd ripple through supply chains.
Bootmaker Twisted X — known for its Western footwear — was thrown into chaos overnight when President Donald Trump imposed sweeping tariffs on imports in April.

The company turned a conference room at its Decatur, Texas, headquarters into a “tariff war room” as import costs on its finished work boots surged, shipments were paused mid-transit and invoices fluctuated so wildly that staff found themselves recalculating margins by the hour.

More:

 

Trump's 'Liberation Day' tariffs worked — they liberated Americans from their jobs​

WASHINGTON — President Donald Trump’s vaunted “Liberation Day” tariffs have worked — if liberating Americans from their jobs was the actual goal.

The nation’s manufacturing sector, the very one Trump purportedly wanted to help with his import taxes, has instead been losing jobs every single month since he announced them in April. In all, there are now 67,000 fewer manufacturing jobs than when he imposed tariffs on most imports.

That result is exactly the opposite of what Trump promised and predicted when he announced them on April 2.

“We created 10,000, already in a few weeks, new manufacturing jobs and that took place in one month, numbers that they haven’t seen in a long time,” Trump said, lying, to cheering supporters in what was still the Rose Garden, prior to his having paved it over. “Jobs and factories will come roaring back into our country and you see it happening already.”

More:

https://www.msn.com/en-us/money/mar...-from-their-jobs/ar-AA1T4Aw0?ocid=socialshare
 

Tariff-ravaged farmers exhausted with Trump using them as 'pawns': report​

Donald Trump faces growing fury among farmers who, despite a promised bailout, fear they may face bankruptcy regardless of additional administration assistance.

In interviews with the Washington Post, farmers express quiet frustration over tariffs that have devastated their operations. One farmer who voted for Trump three times acknowledged, "For the most part, farmers — we've been willing to kind of go along. But I don't know about now."

Read the rest:

https://www.msn.com/en-us/news/poli...-as-pawns-report/ar-AA1T4r1v?ocid=socialshare
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more…