In yesterday’s commentary, which was prepared earlier in the week, I proposed looking at the estimated tariff shock as equivalent to a new $2/gallon gas tax.
As new tariff announcements have been made through this week, however, that estimate now appears to be too low.
I am traveling to Leen’s Lodge for Camp Kotok next week. I paused yesterday in Bucksport, Maine, looking across the water at Fort Knox (a Civil War-era fort), to comment on the evolving tariff shock in a Kotok Quick Take.
The Donroe Doctrine is not only about oil. For the US, it is also about national security.
The Trump Corollary, now the Donroe Doctrine, is shaping US policy toward the Americas. What is unfolding in Venezuela reveals its substance.
Given the news about Venezuela, we ask if Cuba is the next target of US policy under the Trump Corollary.
Pondering the future of the US dollar? This one-day Global Interdependence Center conference is for you.
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