Scott Lincicome

#WarOnChristmas www.axios.com/2025/08/03/t...

"Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher duties on lumber imports from Canada" share.google/FaqUxHnFL5Vq...

"When political leaders meddle in government data, it rarely ends well." www.nytimes.com/2025/08/03/b...

American businesses are running out of ways to avoid tariff pain A big squeeze on profits may be coming

"American businesses are running out of ways to avoid tariff pain" share.google/Q40uJaB5T6pq...

Opinion | Trump’s tariff deadline: Six experts weigh in Donald Trump’s deadline for countries to strike a trade deal with the U.S. or face hefty tariffs has arrived.

What have we learned from these first few months of talks?

@scottlincicome.bsky.social of @cato.org, Ramesh Ponnuru, @natasharsarin.bsky.social, @michaelrstrain.bsky.social, @justinwolfers.bsky.social and @markzandi.bsky.social weigh in:

Economic Reality Bites Trump and His Protectionist Trade Policies The White House promised that tariffs would make America boom. But job growth has stalled and the President has been reduced to firing an official scorekeeper.

"Thus, coffee and many other goods from Brazil... will be hit with duties of fifty per cent, but Brazilian iron ore, which the politically powerful U.S. steel industry relies on, will be exempted." www.newyorker.com/news/the-fin...

"But a month later, Vietnam has not publicly confirmed the transshipment provision." 🤔 www.nytimes.com/2025/08/01/b...

Ah, well, nevertheless: "After a Lag, Consumers Begin to Feel the Pinch of Tariffs" www.nytimes.com/2025/08/02/b...

Dude. www.bloomberg.com/news/article...

"More [US] Manufacturing Professionals Say Tariffs Will Hurt Industry" 😲 www.ien.com/supply-chain...

"A growing number of consumer goods companies are resorting to price hikes as they grapple with increased costs associated with tariffs." 😲 www.axios.com/2025/07/30/t...

Yikes: "Intel: Ohio plant ‘likely’ canceled if company can’t get new manufacturing customers" www.nbc4i.com/intel-in-ohi...

Intel has just 18 months to 'land a hero customer on 14A' or its cutting-edge fabs are toast, says chip industry analyst Tick, tock, the clock's a tickin'.

"Intel has just 18 months to 'land a hero customer on 14A' or its cutting-edge fabs are toast, says chip industry analyst" www.pcgamer.com/hardware/pro...

"The president is very likely to lose round 2 in the courts on his ability to maintain the comprehensive tariffs he has imposed." 🤔
www.piie.com/blogs/realti...

"if the new levies come into effect in seven days as announced and the deals on autos with the EU, Japan and South Korea stick -- the US average tariff rate will rise to 15.2% from 13.3% now. That’s up significantly from 2.3% in 2024." www.bloomberg.com/news/live-bl...

Oof. www.whitehouse.gov/presidential...

"the lucrative [tariff]carve-outs have allowed companies to save roughly $16 billion to $19 billion by avoiding tariffs on an estimated $147 billion in excluded goods" www.bloomberg.com/news/feature...

hmm. thanks. checking

"Why I Signed the Economists’ Amicus Brief Challenging Trump’s Emergency Tariffs" www.cato.org/blog/why-i-s...

"StanChart CEO Resists Office Mandates: ‘We Work With Adults’" www.bloomberg.com/news/article...
"The adults can have an adult conversation with other adults and decide how they’re going to best manage their team.” 😲

"U.S. trading partners are committing to buy more gas than they need or than the U.S. can produce, at least in the short term." www.nytimes.com/2025/07/31/b...

New "national emergency" just dropped. Seems like a stretch! www.whitehouse.gov/fact-sheets/...

"US Copper Tumbles as Trump’s Tariff Excludes Refined Metal" 🤔 www.bloomberg.com/news/article...

Bah.

Ignore the trade accounting (which is meaningless/distracting) and focus here www.bloomberg.com/news/article...

"China’s Surging Auto Sales Mask an Industry in Crisis" 👀 www.caixinglobal.com/2025-07-25/i...

"Tariffs and trade barriers cannot reasonably be the source of the [trade balance] changes in 2024, becusae they did not, in general, shift in any dramatic way in 2024. So what are the primary factors behind these changes?" conversableeconomist.com/2025/07/29/g...

"A Quasi-Real Time Measure of the Average Effective Tariff Rate" econbrowser.com/archives/202...

"Trump tariffs could boost factory costs 4.5 percent: Analysis" thehill.com/policy/54263...

America's EV Charging Network Is About To Skyrocket Led by Tesla, ChargePoint and EVgo, the deployment of new public fast charging ports reached record levels in the second quarter.

"They're all full steam ahead on that and sticking to those goals regardless of what happens with EV sales, tariffs, the loss of the tax credits and all that,” insideevs.com/news/767059/...