ParkSlopeFoodCoop-Trade

@psfc-trade.bsky.social

International Trade Education Squad (ITES) of the Brooklyn Park Slope Food Coop. Educating members about international trade deals.

Out today: part 2 of my blog with Maurice Obstfeld on why so-called "optimal" tariffs are not optimal. Within, we discuss the latest research on tariff incidence, and what we've learned from the Trump tariffs so far...

Peterson Institute for International Economics@piie.com · 2d ago

Part 2: One of the biggest impediments to "optimal" tariffs improving national welfare is that it is US households & businesses who have borne most of the burden of Trump's tariffs in practice. Read here:

NEW LAWSUIT: We're representing 5 nonprofits fighting USDA’s speech & programing restrictions. These groups are being forced to either censor themselves or lose potential funding for their work to build a more just food system. We're suing USDA to block these unlawful terms.

"...given the very negative consequences of the tariff regime—which burdens consumers and businesses, generates large distortions, harms international relations, and provides rampant opportunities for corruption and rent-seeking—policymakers should look elsewhere for worthy tax instruments."

Peterson Institute for International Economics@piie.com · 6d ago

"Optimal" tariffs are misnamed, @kclausing.bsky.social & Maurice Obstfeld write, & do not lead to a net gain in national welfare in practice—in fact, they harm US interests. Tariffs are also not an efficient way to shift tax burdens from US residents onto foreigners.

23,000 people ask General Mills & other food companies to keep HB4 wheat out of the US food supply. HB4 wheat is a new GMO approved for use in the US, but not commercialised there yet. It is resistant to glufosinate ammonium, a toxic herbicide that is banned in the EU. foe.org/news/general...

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These tariffs of 10 percent or 12.5 percent on goods from 60 economies under Section 301(b) of the Trade Act of 1974, allege their governments failed to prevent the importation of goods made with forced labor. Would that we look at our own forced labor practices in our prison systems.

Peterson Institute for International Economics@piie.com · 2w ago

The planned tariffs to combat forced labor again raise the question of whether the president has the legal authority to determine and implement US tariff policy—an authority that the Constitution vests in Congress. The answer is no.

Why is the Parasite in Chief and his administration not talking about farm workers working conditions? Conditions on these farms are probably horrid. No health care and having to work while sick is no way to keep our food supply chain safe. Eat from local farms and join or start a food coop.

sandiego_cindy 👣🐾@digitalramble.bsky.social · 2w ago

hey @tacobell.bsky.social maybe you should tear up contracts with Taylor Farms and start setting up contracts with local growers near individual franchises? More paperwork but in the long run, probably healthier for ppl to eat AND healthier for ecology/economy to source locally...?

www.reuters.com/business/env... Ford suggested that if Trump wanted Canada to clear its forests, he should drop U.S. tariffs on softwood lumber. If Canada were able to ship its softwood lumber to the U.S. without tariffs, "that would resolve a lot of the issues we face ​right now," Ford said.

Ontario premier says Trump's criticism of Canada's efforts to stop wildfires is 'absolutely unacceptable'

Doug Ford said Trump's broadside was "absolutely unacceptable."

reuters.com

"[Greer] cited as positive Canada's moves to roll back a proposed digital services tax and an online streaming act that would have hurt American firms, but said he ⁠was not inclined ​to give Canadian negotiators credit for this." Jesus Christ what's the point. www.reuters.com/world/mexico...

Mexico 'pragmatic' on USMCA talks, Canada still offers no concessions, Greer says

U.S. Trade Representative Jamieson Greer said on Wednesday that ​formal trade talks with Mexico were progressing, while discussions with Canada had yet to produce concessions sought by President Donal...

reuters.com

Thanks to the incredible leadership of partners in the U.S., Mexico, and Canada, more than 100 organizations participated in actions across 10 cities, generating 300+ media hits and bringing progressive voices on trade to millions of people at a pivotal moment for the future of the USMCA. 2/