
Tuesday Mar 11, 2025
U.S. Economic Shake-Up: Controversial GDP Proposal and New Tariffs
In today's episode, we delve into the Trump administration's controversial proposal to exclude government spending from GDP calculations, sparking debate among economists. We also cover the newly imposed tariffs on imports from Canada, Mexico, and China, and their potential impact on the U.S. economy. Join us as we explore the implications of these significant economic changes and the global response to escalating trade tensions.
Sources:
https://www.argusmedia.com/en/news-and-insights/latest-market-news/2664009-atlanta-fed-model-sees-2.8pc-us-1q-gdp-drop
https://blog.independent.org/2025/03/10/trump-economic-outlook-policy-shifts-impact/
https://taxfoundation.org/research/all/federal/trump-tax-cuts-2025-budget-reconciliation/
https://www.morningbrew.com/stories/2025/03/04/trump-admin-wants-to-change-the-gdp-formula
https://foreignpolicy.com/2025/03/06/nato-5-percent-defense-spending-trump-russia-ukraine/
https://www.americanprogress.org/article/trump-is-sending-the-economy-in-the-wrong-direction/
https://russellinvestments.com/au/blog/potential-policy-changes-us-2025
https://www.invesco.com/middle-east/en/insights/is-us-headed-for-drop-in-gdp-growth.html
https://www.bea.gov/news/glance
https://insurance-portal.ca/article/president-trumps-policies-upset-economists-forecasts/
https://www.invesco.com/us/en/insights/us-drop-gdp-growth.html
https://www.welchforbes.com/insights/economic-outlook-march-2025/
https://www.cato.org/blog/keep-politics-out-gdp-calculations
https://time.com/7265290/is-the-us-heading-into-a-recession-under-trump-what-to-know/
https://ny1.com/nyc/all-boroughs/politics/2025/03/06/donald-trump-tariffs-trade-policy-impact-on-businesses
https://fortune.com/2025/03/07/treasury-secretary-scott-bessent-us-economy-detox-government-spending-trump/
https://www.nbcwashington.com/news/business/money-report/all-negative-economic-data-is-biden-data-and-trump-will-fix-the-economy-commerce-chief-lutnick-says/3859223/?os=f%3Fno_journeys%3Dtrue
https://econlife.com/2025/03/keeping-the-gdp/
https://www.ctvnews.ca/world/article/trump-declines-to-rule-out-2025-us-recession/
https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20
https://www.whitecase.com/insight-alert/china-retaliates-tariffs-and-non-tariff-measures-response-trumps-additional-tariffs
https://www.oxfordeconomics.com/resource/trumps-tariffs-pose-uneven-subnational-risks-across-the-eu/
https://www.dentons.com/en/insights/alerts/2025/march/4/united-states-imposes-new-tariffs-on-canada
https://www.gtlaw.com/en/insights/2025/3/tariffs-update-imposed-paused-changed-and-reciprocal-tariffs-involving-the-us-canada-china-and-mexico-as-of-march-7
https://www.clearytradewatch.com/2025/03/the-eus-possible-response-to-trump-ii-tariffs/
https://www.canada.ca/en/department-finance/news/2025/03/canada-announces-robust-tariff-package-in-response-to-unjustified-us-tariffs.html
https://www.thompsonhinesmartrade.com/2025/03/tariffs-against-china-and-hong-kong-increase-to-20-on-march-4-2025/
https://commonslibrary.parliament.uk/us-tariffs-on-eu-goods-what-could-it-mean-for-northern-ireland/
https://www.cbp.gov/newsroom/announcements/official-cbp-statement-tariffs
https://www.hklaw.com/en/insights/publications/2025/03/us-implements-threatened-tariffs-on-canada-mexico-and-china
https://www.euronews.com/business/2025/03/07/trump-claims-us-is-being-ripped-off-by-europeans-and-globalists-as-markets-dip
https://www.canada.ca/en/department-finance/news/2025/03/list-of-products-from-the-united-states-subject-to-25-per-cent-tariffs-effective-march-4-2025.html
https://sanctionsnews.bakermckenzie.com/china-retaliatory-measures-against-trump-tariffs-announced-on-march-4-2025/
https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/
https://www.cbsnews.com/news/china-tariffs-us-farmers/
https://www.tradecomplianceresourcehub.com/2025/03/06/trump-2-0-tariff-tracker/
https://www.idfa.org/news/idfa-statement-on-potential-u-s-tariff-on-canadian-dairy-products
https://abcnews.go.com/Politics/trump-canada-mexico-tariffs-stop-bleeding-us-economy/story?id=119591822
https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20
https://www.globaltrademag.com/the-economic-and-geopolitical-consequences-of-trumps-tariffs-a-2025-perspective/
https://www.dentons.com/en/insights/alerts/2025/march/4/united-states-imposes-new-tariffs-on-canada
https://abcnews.go.com/Business/timeline-trump-tariffs-canada-mexico-china/story?id=119506883
https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/
https://thoughtleadership.rbc.com/what-is-the-impact-of-tariffs-on-the-us-economy/
https://www.youtube.com/watch?v=WDolr3MiYmQ
https://www.gisreportsonline.com/r/trump-tariffs/
https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/