Jacob Jensen
@JJensen2020
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Trade Policy Analyst at @AAF. WFU24. All views are my own. Author of “The Shipment” weekly trade news.
Joined June 2024
Breaking US-Canada Trade News: President Trump just posted on Truth Social that all trade negotiations are terminated with Canada. This is due to an apparent ad that featured President Reagan speaking against tariffs. #breakingnews #Tariffs #Trump #trade #Canada
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PODCAST: Economic bifurcation, intervening in Argentina, the latest on rare earths, and tariffs’ outsized impact on small businesses — joining us to discuss it all is AAF President @djheakin and AAF Trade Policy Analyst @JJensen2020.
americanactionforum.org
Economic bifurcation, intervening in Argentina, the latest on rare earths, and tariffs’ outsized impact on small businesses — joining us to discuss it all is AAF President Douglas Holtz-Eakin and AAF...
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The dollar cost of tariffs is somewhere in the range of $85 billion (to date), with the number possibly being as large as $100 billion. That is real money, and the price tag continues to rise while small businesses bear the brunt. https://t.co/egnKjT18Fz
americanactionforum.org
You may have noticed that the United States now has a lot of tariffs – hundreds of billions of dollars’ worth – that are costing American businesses lots of money. (A good way to keep abreast of the...
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The direct tariff cost for U.S. small businesses is approximately $85 billion annually, while added regulatory hours, new trade compliance measures, and competitive disadvantages contribute billions in indirect costs. #tariffs
https://t.co/t0wSglNnXg
americanactionforum.org
Executive Summary While the Trump Administration has implemented tariffs to pursue a wide range of policy objectives – from protecting domestic manufacturing to raising revenue to pay down U.S. debt...
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"Out of more than 240,000 U.S. importers in 2023, 97 percent, or 236,000, were small businesses... the annual tariff cost for U.S. small businesses is likely between $85.2–$99.6 billion." @JJensen2020
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Impact of Tariffs on Small Business: I’m excited to publish new research on how tariffs are impacting U.S. small businesses. It covers the direct and indirect costs that are hurting small firms across the country. Take a look! #Tariffs #SmallBusiness
https://t.co/dnEJtLodeU
americanactionforum.org
Executive Summary While the Trump Administration has implemented tariffs to pursue a wide range of policy objectives – from protecting domestic manufacturing to raising revenue to pay down U.S. debt...
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Looking forward to hearing about how the experts were wrong about the tariffs that the administration is now undoing because of the harms the experts warned about
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When some rando calls in Grok to correct you, and Grok instead ends up agreeing with you = truly one of modern life's simple pleasures.
There's a lot of downsides to the way Twitter works now, but when someone calls in Grok for support in an argument and Grok disagrees with them and they start arguing with Grok instead, it's extremely funny.
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We tried to warn you. @JJensen2020 and I explained that tariffs would open avenues for rent seeking. Firms would leverage their position in the market to lobby for tariff exemptions or for tariffs to be applied. Link to our paper in the comments. From @politico
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US-Argentina Trade News: President Trump said a free trade agreement with Argentina is possible & may happen soon. If this is a traditional FTA with virtually 0 tariff barriers, it would be a monumental move for the admin. Unlikely but interesting #Argentina #Trade #Tariff
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US-China Trade War News: The trade war is back on. President Trump posted on Truth Social he will be imposing an additional 100% tariff on China beginning November 1 or earlier. The US will also impose export controls on China for critical software. #China #Trump #Tariff
US-China Trade Tension News: President Trump is threatening a tariff increase on China among other moves in response to China’s rare earth export controls. Here we go again
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US-China Trade Tension News: President Trump is threatening a tariff increase on China among other moves in response to China’s rare earth export controls. Here we go again
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Rising electricity prices are frequently making news headlines. But how much are U.S. electricity prices rising actually? And why? My new paper dives into the recent and historic trends of electricity prices. Link below.
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If every individual taxpayer receives a $1K to $2K tariff rebate, it'll cost $160-$320 billion. Rs also want additional aid to farmers ($35-$50 billion). In FY26, tariffs might bring in ~$180 billion. Taken together, it's plausible that tariffs increase the deficit in FY26!
TRUMP SAYS HE IS CONSIDERING TAXPAYER REBATES OF $1,000 TO $2,000 USING TARIFF MONEY
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My latest for @AAF discusses the government shutdown and what it means for economic data and the Fed as it charts a new course for interest rates. Link below.
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Sounds like they’re definitely paying down the debt.
TRUMP SAYS HE IS CONSIDERING TAXPAYER REBATES OF $1,000 TO $2,000 USING TARIFF MONEY
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The Shipment: If You Like It, Then You Should Put a Tariff on It - @JJensen2020
americanactionforum.org
(Not So) Fun Fact: A South Korean national security adviser has stated that the country cannot pay $350 billion to the United States as part of the trade deal touted by President Trump. The investm...
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Weekly Trade and Tariff News: In this week’s Shipment, I discuss the wave of new Section 232 tariffs as well as how the shutdown impacts USTR and other relevant agencies. Spoiler: Tariff collections continue Take a look! #Trade #Tariff #shutdown
https://t.co/e8v2rdc2dA
americanactionforum.org
(Not So) Fun Fact: A South Korean national security adviser has stated that the country cannot pay $350 billion to the United States as part of the trade deal touted by President Trump. The investm...
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