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First Trump Tariffs
Tariffs during the first presidency of Donald Trump involved protectionist trade initiatives against other countries, most notably China. It principally involved tariffs on foreign imports imposed by Donald Trump, the 45th president of the United States. Since long before he became president in 2017, Trump had promoted tariffs on imports to retaliate against countries he believes are "ripping-off" the United States. Trump has insisted that foreign nations pay the tariffs he imposes; however, several economists say the reality is that American importers pay them. In January 2018, Trump imposed tariffs on solar panels and washing machines of 30–50%. In March 2018, he imposed tariffs on steel (25%) and aluminum (10%) from most countries, which, according to Morgan Stanley, covered an estimated 4.1% of U.S. imports. In June 2018, this was extended to the European Union, Canada, and Mexico. The Trump administration separately set and escalated tariffs on goods imported from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
United States–Mexico–Canada Agreement
The Agreement between the United States of America, the United Mexican States, and Canada (USMCA)Each signatory has a different name for the agreement—in the United States, it is called the United States–Mexico–Canada Agreement (USMCA); in Canada, it is the Canada–United States–Mexico Agreement (CUSMA) in English and the (ACEUM) in French; and in Mexico, it is called (T-MEC) in Spanish. is a free trade agreement among the United States, Mexico, and Canada, in effect from . It replaced the North American Free Trade Agreement (NAFTA) implemented in 1994, and is sometimes characterized as "NAFTA 2.0", or "New NAFTA", since it largely maintains or updates the provisions of its predecessor. The region including Canada, Mexico, and the United States is one of the world's largest Free-trade zone, free trade zones, with a population of more than 510 million people and an economy of $30.997 trillion in nominal GDP – nearly 30 percent of the global economy, and the la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Illegal Immigration To The United States
Illegal immigration, or unauthorized immigration, occurs when foreign nationals, known as aliens, violate US immigration laws by entering the United States unlawfully, or by lawfully entering but then remaining after the expiration of their visas, parole or temporary protected status. July 2024 data for border crossings showed the lowest level of border crossing since September 2020. Between 2007 and 2018, visa overstays have accounted for a larger share of the growth in the illegal immigrant population than illegal border crossings, which have declined considerably from 2000 to 2018. In 2022, only 37% of illegal immigrants were from Mexico, the smallest share on record. El Salvador, India, Guatemala and Honduras were the next four largest countries. As of 2016, approximately two-thirds of illegal adult immigrants had lived in the US for at least a decade. As of 2022, unauthorized immigrants made up 3.3% of the US population, though nearly one-third of those immigrants hav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
William McKinley
William McKinley (January 29, 1843September 14, 1901) was the 25th president of the United States, serving from 1897 until Assassination of William McKinley, his assassination in 1901. A member of the Republican Party (United States), Republican Party, he led a realignment that made Republicans History of the Republican Party (United States), largely dominant in the industrial states and nationwide for decades. McKinley successfully led the U.S. in the Spanish–American War and oversaw a period of Manifest destiny, American expansionism, with the annexations of Hawaii, Puerto Rico, Guam, the Philippines, and American Samoa. McKinley was the last president to have served in the American Civil War; he was the only one to begin his service as an enlisted soldier, enlisted man and ended it as a brevet (military), brevet major. After the war, he settled in Canton, Ohio, where he practiced law and married Ida Saxton. In 1876, McKinley was elected to Congress, where he became the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Abraham Lincoln
Abraham Lincoln (February 12, 1809 – April 15, 1865) was the 16th president of the United States, serving from 1861 until Assassination of Abraham Lincoln, his assassination in 1865. He led the United States through the American Civil War, defeating the Confederate States of America and playing a major role in the End of slavery in the United States, abolition of slavery. Lincoln was born into poverty in Kentucky and raised on the American frontier, frontier. He was self-educated and became a lawyer, Illinois state Illinois House of Representatives, legislator, and U.S. representative. Angered by the Kansas–Nebraska Act of 1854, which opened the territories to slavery, he became a leader of the new History of the Republican Party (United States), Republican Party. He reached a national audience in the Lincoln–Douglas debates, 1858 Senate campaign debates against Stephen A. Douglas. Lincoln won the 1860 United States presidential election, 1860 presidential election, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Average Tariff Rates In USA (1821-2016)
In ordinary language, an average is a single number or value that best represents a set of data. The type of average taken as most typically representative of a list of numbers is the arithmetic mean the sum of the numbers divided by how many numbers are in the list. For example, the mean or average of the numbers 2, 3, 4, 7, and 9 (summing to 25) is 5. Depending on the context, the most representative statistic to be taken as the average might be another measure of central tendency, such as the mid-range, median, mode or geometric mean. For example, the average personal income is often given as the median the number below which are 50% of personal incomes and above which are 50% of personal incomes because the mean would be higher by including personal incomes from a few billionaires. General properties If all numbers in a list are the same number, then their average is also equal to this number. This property is shared by each of the many types of average. Another universal p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Tax Foundation
The Tax Foundation is an international research think tank based in Washington, D.C. that collects data and publishes research studies on Taxation in the United States, U.S. tax policies at both the federal and state levels. Its stated mission is to "improve lives through tax policy research and education that leads to greater economic growth and opportunity". The Tax Foundation is organized as a 501(c)(3) Tax exemption, tax-exempt Non-profit organization, non-profit educational and research organization, with three primary areas of research: the Center for Federal Tax Policy, the Center for State Tax Policy, and the Center for Global Tax Policy. The group is known for its annual reports such as the ''State Tax Competitiveness Index'', ''International Tax Competitiveness Index'', and ''Facts & Figures: How Does Your State Compare'', which was first produced in 1941. History The Tax Foundation was organized on December 5, 1937, in New York City by Alfred P. Sloan Jr., Chai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
President Biden
Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who was the 46th president of the United States from 2021 to 2025. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 and represented Delaware in the U.S. Senate from 1973 to 2009. Born in Scranton, Pennsylvania, Biden graduated from the University of Delaware in 1965 and the Syracuse University College of Law in 1968. He was elected to the New Castle County Council in 1970 and the U.S. Senate in 1972. As a senator, Biden chaired the Senate Judiciary Committee and Foreign Relations Committee. He drafted and led passage of the Violent Crime Control and Law Enforcement Act and the Violence Against Women Act. He also oversaw six U.S. Supreme Court confirmation hearings, including contentious hearings for Robert Bork and Clarence Thomas. He opposed the Gulf War in 1991 but voted in favor of the Iraq War Resolution in 2002. Biden ran unsuccessfully for t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Journal Of Financial And Quantitative Analysis
The ''Journal of Financial and Quantitative Analysis'' is a peer-reviewed academic journal published eight times a year by the Michael G. Foster School of Business at the University of Washington in cooperation with the W. P. Carey School of Business at Arizona State UniversityBoston College the Sauder School of Business, and th Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Real Income
Real income is the income of individuals or nations after adjusting for inflation. It is calculated by dividing nominal income by the price level. Real variables such as real income and real GDP are variables that are measured in physical units, while nominal variables such as nominal income and nominal GDP are measured in monetary units. Therefore, real income is a more useful indicator of well-being since it measures the amount of goods and services that can be purchased with the income. Growth of real income is related to real gross national income per capita growth. According to the classical dichotomy theory, real variables and nominal variables are separate in the long run, so they are not influenced by each other. In other words, if the nominal starting income was 100 and there was 10% inflation (general rise in prices, for example, what cost 10 now costs 11), then with nominal income of still 100, one can buy roughly 9% less; so if nominal income was not a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
