Conventional estimates assume tariffs would reduce import levels consistent with elasticities derived from research and that all gained tariff revenue would be subject to income and payroll tax ...
With that in mind, some aides are reportedly urging Trump to start with a tiny tariff, and gradually raise it by two percentage points each month. Scott Lincicome, a trade lawyer and analyst ...
Meanwhile, the 10-year Treasury yield (^TNX) fell about 4 basis points to around 4.57% on Tuesday ... amid a sigh of relief of no broad-based tariff policy announcement yet, though trading ...