News & Events
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"The Trade War's Biggest Losers" by Randall W. Forsyth; "'Trade wars are good,' Trump says, defying global concern over tariffs" by Susan Heavey; "Analysts: Trump Tariffs Could Set Stage For Trade Battle" by Michael Bruno.
James Lucier's tariff note was featured across a range of publications including:
"The Trade War's Biggest Losers" by Randall W. Forsyth on March 3, 2018(Barron's).
But the question remains: Why did Trump choose to push ahead with tariffs now, with daily news of upheavals in the administration, and the markets acting precariously? “Trump is being Trump,” writes James Lucier of Capital Alpha Partners. “For one thing, he is being true to his campaign promises, which is an admirable trait for any politician.”
“Trump has achieved much of what he wants, simply by sending a major disruptive signal to the rest of the world,” writes Lucier. The president also is probably “sensitive to signals sent by the plummeting Dow Jones index, even if, for now, he has put down ‘the Wall Street wing’ of his White House staff who had advised him not to order the tariffs,” he continues.
"'Trade wars are good,' Trump says, defying global concern over tariffs" by Susan Heavey on March 2, 2018 (Reuters).
Capital Alpha Partners, a policy research group in Washington, said a quick reversal by Trump was highly unlikely.
“We also don’t see a chance for fine tuning, exceptions, carve outs, or a country-by-country policy” in the short term, the group said in a research note.“We would be hopeful that the policy could be modified in time.”
"Analysts: Trump Tariffs Could Set Stage For Trade Battle" by Michael Bruno on March 2, 2018 (Aviation Week).
The analysis came a day after Trump surprised seemingly everyone with specific, imminent tariffs on the materials. “President Trump caught most of his own economic, foreign policy, and national security advisers off guard yesterday when he did what they have been trying to forestall for months, announcing across-the-board tariffs of 25% and 10% on imported steel and aluminum,” analysts at Capital Alpha Partners said.