Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

‘De-Globalization’ Still Isn’t Happening (At Least Not Yet)

by February 6, 2025
February 6, 2025
‘De-Globalization’ Still Isn’t Happening (At Least Not Yet)

Scott Lincicome and Alfredo Carrillo Obregon

Buried in yesterday’s Census Bureau release of the latest US international trade data for full-year 2024 was a nice reminder that, for all the talk of tariffs and “de-globalization,” American consumers and companies aren’t having any of it—at least not yet. In fact, inflation-adjusted US goods imports hit an all-time high last year (Figure 1).

As shown in Figure 2, moreover, this surge was fueled by large increases in imports of consumer goods and capital equipment, the latter of which are used by American manufacturers to make other stuff:

Of course, these data come before the 10 percent tariffs that President Trump just imposed on all Chinese imports, as well as the tariffs he’s threatened on imports from Canada, Mexico, Europe, and elsewhere—taxes that could forcibly reverse the above trends. In the meantime, however, the data are a nice reminder of Americans’ revealed preferences for imports and that while American politicians might be souring on trade, American companies and consumers most definitely aren’t.

0
FacebookTwitterGoogle +Pinterest
previous post
Bank of England trims rates again to 4.5% as economic growth falters
next post
Senate to vote on key Trump nominee after Democrats hold contentious overnight debate

You may also like

Friday Feature: Education Collaboration Network

March 7, 2025

Tariffs, Uncertainty, and Small Businesses

March 14, 2025

2026 Tax Increases in One Chart

December 12, 2023

Five Fiscal Truths

April 18, 2024

Dear Health Reporters: Prep for Biden’s Proposed Rule...

June 29, 2023

CFPB Targets Currency Devaluations, Just Not Government-Caused Devaluations

June 3, 2024

Cato Scholars on Section 3 Disqualification

February 16, 2024

If You Spend Time in Jail Because the...

February 15, 2024

One Big Bloated Blunder: What’s Wrong with the...

June 30, 2025

Why Is Federal Spending Expanding as a Share of...

July 20, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump’s Debanking Order Calls for Investigation, Something Tennessee Should Have Done

      August 9, 2025
    • Hiring Software & JavaScript Developers: Skills, Costs, and Best Practices

      August 9, 2025
    • Rakhi Butani on Skincare, Cooking, and the Power of Balance

      August 9, 2025
    • Jeremy Clarkson warns of ‘catastrophic’ UK harvest as farmers battle extreme weather and rising costs

      August 9, 2025
    • Reform UK urges energy industry to abandon net zero and focus on nuclear and gas

      August 9, 2025
    • British Shoppers flock to EU for tax-free spending as calls grow to reinstate UK scheme

      August 9, 2025

    Categories

    • Business (8,727)
    • Investing (2,191)
    • Politics (16,344)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved