Photoshop contests at Mechapixel | Forums
 
The golden bit is back!
Gain exclusive benefits and help support Mechapixel with Mecha+
Learn more - Subscribe
HomeContestsQueueShowcaseArcadeForumsMembersAboutContact
'PSlifestyle' by TranzorZ
Go Back   Mechapixel Forums > Main > Aarkie's Corner
Post New Thread Reply
Thread Tools
Unread 2019-05-23, 15:13   #1
aarkieboy's Avatar
aarkieboy
Moderator

Feb 5 2003
85,724 posts
Age 63
Male
Somewhere on this ball we call "Earth"
 



"The latest round of U.S. tariffs on Chinese imports will cost American households $106 billion a year, or $831 for the average family in the U.S., according to economists at the New York Federal Reserve, underscoring the economic toll of the deepening trade dispute.

The growing tally comes as the result of the Trump administration hiking tariffs to 25% from 10% on $200 billion in Chinese goods, which took effect nearly two weeks ago.

"According to our estimates, these higher tariffs are likely to create large economic distortions and reduce U.S. tariff revenues," according to a blog post Thursday by Mary Amiti, assistant vice president at the New York Fed, Stephen Redding of Princeton University and David Weinstein of Columbia University." (More)
My SignatureDisplay Signature Reply With Quote
Go Back   Mechapixel Forums > Main > Aarkie's Corner > Trump's China tariffs hike will cost average U.S. family $831 a year
Post New Thread Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -5. The time now is 22:41.

Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.