CPA chief economist emeritus @menloferry is back to school, recently speaking to students at the University of Florida’s new Semiconductor Institute (@uf_fsi_) in Gainesville. “@UF is building a tech manufacturing sector...I think it's a great strategy.” https://t.co/4dFst7zJ5D

Economists suffer from "tariff derangement syndrome." Imaginary consumer price increases are just one of many things economists are getting wrong about tariffs. More in my latest blog post.

The Consumer Price Index undercounts inflation due to so-called quality adjustments. Here's a way to fix it. #CPI #CPIInflation #BLS

My latest blog: secrets of Singapore's economic success and what American can learn.

Shocking story of how Chinese agent tried to recruit a Stanford undergrad. US universities, esp those doing leading-edge STEM work, like @Stanford, @MIT and @Harvard must block all Chinese students. This is unacceptable state-sponsored espionage. https://t.co/Tj1ke9f4Jd

2/2 Tan's appointment shows how many tech BoDs are useless. At Intel, bd members get paid $300k/yr for 4 meetings/yr. They overlooked Tan's 20 yrs supporting China tech & made him CEO. In 5 yrs, $INTC (blue line) has underperformed S&P by 147 pc pts.

On April 14, I blogged that Lip-Bu Tan was the wrong man to lead Intel. On July 28, Cadence, where Tan was CEO to 2021, settled w/USG for $95M for export control violations. Then today, Pres. Trump said Tan "must resign." Read it first on The Growth Imperative! $INTC $CDNS 1/2

China is targeting fiber-optic communications. US data centers are dependent on these products. We need an industrial policy to rebuild US production. My latest blog:

@ShamuCapital @commonplc You're right that there's a statutory 30% US withholding tax (WHT) on interest and dividends but since 1984, most foreign interest income is exempt. The portfolio interest exemption means foreigners pay zero tax on interest from Treasuries, agency bonds, most corporate debt, and

Also, Chinese autos are gaining share in UK. BYD+Polestar+MG are 6% of UK market this year. Alignment with the US could lead to tariffs on Chinese imports which would benefit UK car production & non-Chinese auto industry. 3/3

More fundamentally, the “economic security umbrella” idea & UK tariffs on imported steel suggests greater recognition of China threat. Until recently British Steel was Chinese-owned, a disastrous situation. Now it's nationalized. UK must privatize & modernize Scunthorpe ASAP. 2/3

The US-UK trade deal is a win for both countries. For US it validates the 10% baseline tariff as here to stay & could open up some modest market opps in the UK. For UK it provides for tariffs reduced to 10% for 100k vehicles, most important sector for the UK economy. 1/3

WATCH: CPA Chief Economist Emeritus Jeff Ferry joined @Bloomberg and @OpentoDebateOrg for an in-depth discussion on @POTUS Trump's economic agenda after the first 100 days of his second term. Can tariffs be part of a winning U.S. strategy? Jeff is a "YES."

Lip Bu Tan is the wrong CEO for Intel. https://t.co/AyoXdVKuqq

Check out my latest article on my new Substack blog, The Growth Imperative. $INTC #Semiconductors https://t.co/AyoXdVL2fY

@RobertMSterling Economist Jeff Ferry (@Menloferry) agrees: Successful tariffs must target complete supply chains. @realDonaldTrump @howardlutnick @elonmusk https://t.co/nmvDaaDyGG

https://t.co/1SY8SlSqOn

Check out my new Substack blog. Three cases where tariffs did NOT lead to price increases: 1980s VERs on Japanese cars, women's apparel 2018-2020, and Ferrari 296 now.

"Tariffs are typically paid by consumers, whether that is companies or individuals in the U.S.," says @scottlincicome of the @CatoInstitute. But @Menloferry of @cpa_tradereform says that is "utter nonsense." @MargaretHoover hosts a forum on #Trump and trade at @HofstraU.

President Trump's tariffs bring back American jobs.