Tag #Economic Policy

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theglobeandmail.com

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Apr 10, 01:18

White House Misinterprets Research to Justify China Tariffs

Pau Pujolas, a researcher whose 2024 paper on optimal tariffs was cited by the White House to justify new tariffs on China, says his work was misinterpreted, leading to global economic instability as China retaliated with its own tariffs and global markets plunged.

White House Misinterprets Research to Justify China Tariffs

Pau Pujolas, a researcher whose 2024 paper on optimal tariffs was cited by the White House to justify new tariffs on China, says his work was misinterpreted, leading to global economic instability as China retaliated with its own tariffs and global markets plunged.

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What are the immediate consequences of the White House's misinterpretation of Pujolas's research on trade tariffs?

The White House cited a 2024 research paper co-authored by Pau Pujolas in justification of its new tariffs on Chinese imports. Pujolas's research, while accurately stating that optimal tariffs are higher in the presence of large trade deficits, was misinterpreted; the paper's methodology and conclusions advocate for carefully targeted tariffs, not the broad levies currently imposed. This misinterpretation has led to increased global economic uncertainty.

welt.de

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Apr 10, 10:12

German Opposition Parties Condemn New Coalition Government

Germany's new Union-SPD coalition faces sharp criticism from opposition parties, including the Greens, FDP, and Left Party, over its handling of tax reform, climate action, financial planning, and social policy, raising concerns about the coalition's future and potential for political instability.

German Opposition Parties Condemn New Coalition Government

Germany's new Union-SPD coalition faces sharp criticism from opposition parties, including the Greens, FDP, and Left Party, over its handling of tax reform, climate action, financial planning, and social policy, raising concerns about the coalition's future and potential for political instability.

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How do the criticisms from different opposition parties reflect varying political priorities and concerns?

The new German coalition government faces widespread criticism from opposition parties. The FDP criticizes the lack of ambition and reforms, while the Left Party calls the coalition agreement a 'coalition of ignorance' for ignoring crucial issues like rising rents and social inequality. The Greens highlight insufficient climate action despite the existence of a climate fund.

lemonde.fr

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Apr 10, 19:15

French Senate Extends Supermarket Pricing Regulations Until 2028

The French Senate extended until April 15, 2028, regulations on supermarket pricing, including a minimum 10% margin on products and restrictions on hygiene product promotions; this affects all brands, including retailer brands, and aims to support farmers.

French Senate Extends Supermarket Pricing Regulations Until 2028

The French Senate extended until April 15, 2028, regulations on supermarket pricing, including a minimum 10% margin on products and restrictions on hygiene product promotions; this affects all brands, including retailer brands, and aims to support farmers.

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No Poverty

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How does this legislation aim to address the imbalance between retailers and agricultural producers?

This legislative extension aims to stabilize the agri-food sector and improve farmer compensation by reducing pressure on agricultural product prices. The measure, initially introduced in 2018 under EGalim, has been contentious, with E.Leclerc opposing it while other distributors supported its continuation. The inclusion of retailer brands is a new development.

elpais.com

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Apr 9, 01:17

Misapplication of Trade Deficit Research Justifies Trump's Harmful Tariffs

A research paper suggesting that a country with a trade deficit could benefit from tariffs was cited by the Trump administration to justify its trade policies; however, the paper's authors dispute this application, asserting that Trump's tariffs are excessive and harmful.

Misapplication of Trade Deficit Research Justifies Trump's Harmful Tariffs

A research paper suggesting that a country with a trade deficit could benefit from tariffs was cited by the Trump administration to justify its trade policies; however, the paper's authors dispute this application, asserting that Trump's tariffs are excessive and harmful.

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What are the potential long-term economic impacts of the Trump administration's trade policies, considering the limitations and misapplications of academic models like the one by Pujolas and Rossbach?

The misuse of Pujolas's research highlights the risk of policymakers misinterpreting academic models. Trump's excessive tariffs, exceeding what the model suggests as optimal, risk severe economic consequences, demonstrating a critical disconnect between economic theory and policy implementation. This misapplication could trigger further trade disputes and worsen global economic conditions.

forbes.com

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Apr 9, 19:20

The Shift of Retirement Responsibility and the Current Crisis

In 1975, General Battery stopped funding its pension plan due to economic hardship, a decision that shifted retirement savings responsibility to employees and contributed to the current retirement crisis, marked by widespread guilt and self-blame among retirees.

The Shift of Retirement Responsibility and the Current Crisis

In 1975, General Battery stopped funding its pension plan due to economic hardship, a decision that shifted retirement savings responsibility to employees and contributed to the current retirement crisis, marked by widespread guilt and self-blame among retirees.

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How did the introduction of 401(k) plans, in conjunction with the elimination of employer-sponsored pensions, affect the financial security of American workers?

The decision to halt pension funding was driven by immediate financial pressures and a lack of understanding regarding the implications of ERISA, which did not mandate employer-sponsored pension plans. This shift coincided with the introduction of 401(k) plans, which placed the responsibility of retirement savings on individual employees.

zeit.de

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Apr 9, 19:19

German Coalition Agreement: Economic Focus Amidst Mixed Reactions

A new coalition government in Germany, formed by the Union and SPD parties, promises economic reforms such as investments in infrastructure and a minimum wage increase to €15 by 2026; however, the agreement faces criticism for neglecting issues like rising living costs and potentially exacerbating s...

German Coalition Agreement: Economic Focus Amidst Mixed Reactions

A new coalition government in Germany, formed by the Union and SPD parties, promises economic reforms such as investments in infrastructure and a minimum wage increase to €15 by 2026; however, the agreement faces criticism for neglecting issues like rising living costs and potentially exacerbating s...

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Decent Work and Economic Growth

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How do differing perspectives on the coalition agreement reflect broader political divisions in Germany?

The coalition agreement focuses on economic recovery, with measures like the Germany Fund, reduced energy taxes, and the elimination of planned supply chain and heating laws. However, criticism from the Left party highlights concerns that the agreement overlooks issues such as rising rents, prices, and poverty, framing migrants and social welfare recipients as the cause of current crises. The SPD acknowledges compromises, particularly in migration policy, but views the increased minimum wage as a positive outcome.

dw.com

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Apr 10, 01:18

Merz Projected as Germany's Next Chancellor in CDU/SPD Coalition Agreement

Following the September 23rd, 2025, German federal election, a coalition government between CDU/CSU and SPD is forming, with Friedrich Merz projected to be Chancellor by May 7th. Key policies include tax cuts for businesses, industrial electricity price reductions, welfare reform, stricter immigrati...

Merz Projected as Germany's Next Chancellor in CDU/SPD Coalition Agreement

Following the September 23rd, 2025, German federal election, a coalition government between CDU/CSU and SPD is forming, with Friedrich Merz projected to be Chancellor by May 7th. Key policies include tax cuts for businesses, industrial electricity price reductions, welfare reform, stricter immigrati...

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What are the key policy initiatives of the new German coalition government, and what are their immediate impacts on the German and European economies?

After six weeks of negotiations, Germany's CDU/CSU and SPD parties have agreed on a coalition government, pending internal approvals. CDU leader Friedrich Merz is expected to become Chancellor on May 7th, succeeding Olaf Scholz. The agreement includes significant tax cuts for businesses and industrial electricity price reductions, alongside welfare reforms and stricter immigration policies.",

theglobeandmail.com

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Apr 10, 16:12

Canada's Economic Sovereignty: A Call for Swift Action

Canada's untapped economic potential, encompassing natural resources, skilled labor, and technological innovation, requires swift action and strategic planning to overcome complacency and internal divisions, prioritizing key sectors and leveraging existing infrastructure to achieve economic sovereig...

Canada's Economic Sovereignty: A Call for Swift Action

Canada's untapped economic potential, encompassing natural resources, skilled labor, and technological innovation, requires swift action and strategic planning to overcome complacency and internal divisions, prioritizing key sectors and leveraging existing infrastructure to achieve economic sovereig...

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What immediate steps should Canada take to leverage its economic strengths and mitigate risks to its sovereignty?

Canada possesses significant economic potential, encompassing natural resources, skilled labor, and technological innovation. However, realizing this potential necessitates swift action and strategic planning to overcome complacency and internal divisions.

nbcnews.com

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Apr 9, 19:20

Whitmer Proposes Bipartisan Manufacturing Strategy, Criticizes Trump Tariffs

Michigan Governor Gretchen Whitmer presented a national manufacturing strategy in Washington D.C. on Wednesday, advocating for bipartisan cooperation to boost domestic production and address President Trump's tariffs, which she criticized for raising costs and reducing jobs.

Whitmer Proposes Bipartisan Manufacturing Strategy, Criticizes Trump Tariffs

Michigan Governor Gretchen Whitmer presented a national manufacturing strategy in Washington D.C. on Wednesday, advocating for bipartisan cooperation to boost domestic production and address President Trump's tariffs, which she criticized for raising costs and reducing jobs.

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Decent Work and Economic Growth

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What is the core of Governor Whitmer's proposed national manufacturing strategy, and what are its immediate implications for American jobs and economic growth?

Michigan Gov. Gretchen Whitmer proposed a national strategy to revitalize American manufacturing, emphasizing collaboration and bipartisan efforts, despite President Trump's tariffs impacting jobs and increasing costs. She highlighted the need for increased production of ships, planes, and semiconductor chips while advocating for reduced bureaucracy.

english.elpais.com

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Apr 9, 19:19

Misuse of Economic Research in Justifying Trump's Tariffs

Researchers Pau S. Pujolas and Jack Rossbach's study on trade wars, cited by the White House to justify President Trump's tariffs, is being misinterpreted; Pujolas argues the model's parameters and the actual tariffs imposed differ significantly, potentially causing a global recession.

Misuse of Economic Research in Justifying Trump's Tariffs

Researchers Pau S. Pujolas and Jack Rossbach's study on trade wars, cited by the White House to justify President Trump's tariffs, is being misinterpreted; Pujolas argues the model's parameters and the actual tariffs imposed differ significantly, potentially causing a global recession.

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How does the model used in the research account for the trade deficit between countries and its potential influence on the outcome of a trade war?

Pujolas's research, using a supercomputer model and 2014 data, indicates that optimal tariffs could benefit a nation with a large trade deficit. The model suggests that, under specific conditions, tariffs could outweigh potential economic damage. However, the White House's application of this research differs significantly, as it applied tariffs beyond what Pujolas's model suggests as optimal.

elmundo.es

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Apr 9, 10:13

IMF Approves $20 Billion Loan for Argentina Amidst Economic Crisis

Argentina secured a $20 billion IMF loan to address economic instability, including rising inflation and a weakening peso, with the goal of lifting capital controls; however, additional funds are needed to fully achieve this, creating risks if insufficient funds are secured.

IMF Approves $20 Billion Loan for Argentina Amidst Economic Crisis

Argentina secured a $20 billion IMF loan to address economic instability, including rising inflation and a weakening peso, with the goal of lifting capital controls; however, additional funds are needed to fully achieve this, creating risks if insufficient funds are secured.

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What are the potential consequences of Argentina's plan to lift capital controls, and how much funding is truly needed?

The IMF's agreement with Argentina is based on the government's initial progress in stabilizing the economy. The agreement is intended to help Argentina address its economic challenges and potentially lift capital controls, but the necessary funds may reach up to $40 billion according to some experts. The success of the plan hinges on securing additional loans from other international organizations to create a sufficient financial buffer.

npr.org

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Apr 9, 10:13

Conflicting Trump Administration Messages on Tariffs Cause Market Turmoil

President Trump's administration issued conflicting messages on tariffs, with aides initially stating they weren't bargaining chips, while Trump later expressed openness to negotiation; this caused market turmoil and reputational damage to officials like Treasury Secretary Scott Bessent and Commerce...

Conflicting Trump Administration Messages on Tariffs Cause Market Turmoil

President Trump's administration issued conflicting messages on tariffs, with aides initially stating they weren't bargaining chips, while Trump later expressed openness to negotiation; this caused market turmoil and reputational damage to officials like Treasury Secretary Scott Bessent and Commerce...

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Decent Work and Economic Growth

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What immediate market impact resulted from the conflicting messages on tariffs from the Trump administration?

President Trump's administration sent mixed signals on tariffs, with aides initially claiming they weren't bargaining chips, while Trump later stated openness to negotiation. This caused market turmoil and reputational damage to officials like Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, who offered conflicting statements.

Showing 37 to 48 of 880 results