Episode 163: Matthew C. Klein on Why Trade Wars are Class Wars
9 Articles
9 Articles
Episode 163: Matthew C. Klein on Why Trade Wars are Class Wars
Bookstack at Persuasion is delivered to you every other Sunday at 6am EST. Grab a coffee, settle onto the couch, and see your weekend out with a deep dive into the best new book releases…In today’s episode of Bookstack, host Richard Aldous sits down with Matthew C. Klein, economist, writer behind The Overshoot on Substack, and co-author, with Michael Pettis, of Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Thre…
Major change to Lowe’s, Wayfair and Walmart spring sales amid price hike rumors
RETAILERS have launched their spring sales early. The premature sales come amid tariff uncertainty and shifting consumer habits. GettyShifting consumer spending habits have influenced a major shakeup in annual sales this year[/caption] Major retailers are rolling out their spring promotions earlier than usual this year. Some experts say this trend reflects growing concerns over potential tariff impacts and changing consumer behavior. Wayfair’s p…
Trade Tensions Rise: U.S.-China Trade War Hits American Retailers
Key Takeaways: Shipments from China to the U.S. are falling sharply due to high tariffs imposed by the Trump administration. Major U.S. retailers warn of potential supply shortages as a result. The U.S.-China trade war has intensified recently, with both countries increasing import duties. Trump has given other countries a 90-day tariff pause for negotiations, but China remains unyielding. U.S. businesses urge for a resolution to prevent furthe…
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