Scott Lincicome
@CatoInstitute Vice President (Econ/Trade), @DukeLaw adjunct, @TheDispatch newsletter-er.
CH❤️RTS. You didn't read the article, did you?
- "we aren’t able to absorb all the [tariff] pressure given the reality of narrow retail margins" www.bloomberg.com/news/article...
- "Should gdp include defense spending?" marginalrevolution.com/marginalrevo...
- I'm in The Atlantic dissecting the messy, miniscule US-UK trade deal and explaining how it's worse than what we had just a few weeks ago and MUCH worse than the deal our old, wrongly-abandoned FTA model would've provided www.theatlantic.com/economy/arch...
- Love this: "How Your Mother’s Day Orchid Became a Mass-Market Commodity: Once a rare luxury for the wealthy, orchids can now be had for $10 at the grocery store" www.wsj.com/science/orch...
- "state-level frictions could be costing the US 'billions, if not trillions' of dollars per year, given the level of domestic freight flows, which are currently around $20tn annually." www.ft.com/content/90d6...
- Just how small was this week's US-UK trade deal (as currently written)? As these two charts from @JosephPolitano show, very, very small: www.apricitas.io/p/farce-of-t...
- Cleveland Fed President Hammack is "hearing from businesses that are raising prices even though they aren’t affected by tariffs because competitors who do face higher import taxes are raising prices." 😲 www.wsj.com/livecoverage...
- "US auto industry criticizes Donald Trump's UK trade deal" thehill.com/business/529... "it will now be cheaper to import a UK vehicle with very little U.S. content than a USMCA compliant vehicle from Mexico or Canada that is half American parts"
