In case you missed it: With no official policy document released, there’s still a lot we don’t know about Trump’s proposed pharmaceutical tariffs. But @wallachlori.bsky.social cexplains why generic drug supply chains matter—and what real solutions would look like. 🧵👇 bsky.app/profile/wall...

ICYMI:

Sorry, can't do my usual "translation" of what Trump's latest tariffs mean. There is no Executive Order, Section 232 determination or other official policy doc. Just Truth Social posts. BUT, to make us less reliant on imported medicine, the generics...🧵

Sorry, can't do my usual "translation" of what Trump's latest tariffs mean. There is no Executive Order, Section 232 determination or other official policy doc. Just Truth Social posts. BUT, to make us less reliant on imported medicine, the generics...🧵

The US Supreme Court has granted a speedy review of Trump's authority to do some of the broadest tariffs. Oral arguments early Nov! Here's my quick take on some things to know about this case that has big implications for trade policy & for the parameters of presidential power.

🚨This month's job report is a stark warning: The Trump/GOP tariffs and tax policy continue to cause chaos, drive up costs, and lead to massive job loss. 78,000 job losses in manufacturing alone since January!

Our analysis of Q1-2 25 found EVERY manufacturing indicator was down & significant increase in the US trade deficit compared to 1st six months of 2024. Tariffs can be an effective tools but Trump is committing tariff malpractise- on/off, wrong targets, etc t.co/maznViMJJE

Read our manufacturing report. We discuss it here: rethinktrade.org/trumptradema...

ICYMI: Rethink Trade's @wallachlori.bsky.social appeared on Fox affiliates across the country to discuss just what the closure of the #deminimis loophole means for you: www.youtube.com/watch?v=wr0n...

ICYMI: The Fed. Circ. Appeals court just ruled on Trump's tariff authority, affirming the Crt of Intl Trade that the Int'l Emergency Economic Power Act doesnt provide authority for the expansive "reciprocol" & "fentanyl" tariffs. But nuanced...6 key things: 1)The tariffs stay in place🧵

The US "de minimis" trade enforcement loophole that let 4 mil packages DAILY most from China bought online to skip inspection, tariffs & taxes closed today. If properly enforced, US consumers, small biz & manufacturers will benefit. This🧵 unpacks some of the misinfo on this 1/

July's Producer Price Index is out. Despite predictions tariffs on intermediate goods would raise prices, goods prices are fairly flat. So why the "prices up" headlines? Prices for services jumped and half of that is increased profits. Price gounging using tariff excuses? 1/2

It's hard keeping track of all of the trade deal news dropping - more just dropped this morning! - so Rethink Trade's @wallachlori.bsky.social sat down with the Organized Money podcast to talk Trump, trade and more. LISTEN NOW: www.organizedmoney.fm/p/is-there-e...

We compiled the manufacturing indicator & trade balance data for Trump’s first six months, which show a bigger trade deficit and manufacturing decline — the opposite of Trump’s promises and stated goals. t.co/tYzjexPl7i

Posted last night: 📢The US goods & services trade deficit was 47% larger in first 5 months of '25 than 1st 5 months of '24. ie. $165 billion opposite of Trump's trade promises. Even B4 the full 6 month data is out 8/5, we can see the trade deficit up in Trump’s 2nd term. We'll have more tomorrow!

Ding Dong De Minimis is Dead! The dangerous trade loophole letting 4 milion daily packages of online purchases mainly from China into the US w/o inspection, tariffs, taxes is ending! Big online retailers & delivery corps scoffed 6 yrs ago when we first demanded this scam's end 1/

"Total, Random Chaos" of Trump Tariffs Are Not Rebalancing U.S. Trade: Lori Wallach, Rethink Trade

"...This is great—if overdue—news." @wallachlori.bsky.social on the end of the de minimis loophole. 📌 Read now: rethinktrade.org/press-releas...

SAVE THE DATE (and watch!): Rethink Trade's @wallachlori.bsky.social will be on @democracynow.org TOMORROW to discuss #tariffs during the 8-9 AM hour.

Just in case you missed Lori's latest post? 💥 - read it now. ⬇️

The old negotiations adage still relevant, "nothing is agreed until everything is agreed"

How does the "trade deal" just announced with the European Union measure up to the goals of rebuilding American manufacturing and rebalancing trade that candidate and then Pres. Trump promised was the mission of his tariff and trade policy? Use our evaluator to test it out...🧵

Working class Americans who supported Trump for his trade/tariff plans wanted more American manufacturing jobs and rebalanced trade not tariffs used to boost Big Tech monopolies’ power to crush smaller businesses worldwide, abuse our privacy & hurt kids. American jobs? What jobs?

More power and wealth for Big Tech monopolies to crush smaller businesses worldwide, abuse our privacy and hurt kids was NOT what working class Americans were promised tariffs would deliver when they supported Trump… t.co/cvfDzrBb78

Congrats, @khetti.bsky.social and @thinink.bsky.social on this excellent piece!

Congrats, @khetti.bsky.social and @thinink.bsky.social on this excellent piece!

Over the past 10 yrs, U.S.'s reliance on imported foods has increased significantly: its purchase of fruits, seafood, vegetables, beverages & cereal preparations now outpace its exports to the tune of $58.7 billion, said an analysis from @rethinktrade.bsky.social. news.thin-ink.net/p/stars-stri...

Explaining how to use our new trade agreement evaluator tool to decide if the deals the administration hopes to announce soon will deliver on Trump's promises to rebuild US manufacturing & create industrial jobs here or have, um, 'other' goals of less benefit for the most of us.

Today is when 90 trade deals in the 90-day pause on Trump’s higher “Liberation Day” tariffs are due. Do deals deliver on Trump promises to boost US manufacturing & balance trade? Or who gains? @rethinktrade.bsky.social built this new Trump Trade Deal Evaluator tool so everyone can judge 1/

New report from @rethinktrade.bsky.social drops some data and infographics on the growing U.S. food trade deficit. Growing under Trump, too. Featuring @khetti.bsky.social + @wallachlori.bsky.social. Also, Secretary of Agriculture Brooke Rollins has thoughts. So do I.

Buying July 4th BBQ stuff? A lot that iconic "American" food is imported now. 🤯We had a food trade deficit of almost $60 billion in 2024. My @rethinktrade.bsky.social colleague @khetti.bsky.social has a new report out today explaining the rising US food trade deficit, its causes and fixes. 1/

OUT NOW: our latest report shows that U.S. reliance on imported food has worsened, and Rethink Trade's Katie Hettinga explains how. 📌 Read the report now: rethinktrade.org/food-deficit/

Read the full report from @rethinktrade.bsky.social here: rethinktrade.org/food-deficit

“The huge increase in food imports paints an alarming picture of the United States... becoming increasingly dependent on other countries for the food we consume." Katie Hettinga's new report breaks down how US reliance on imported food, including 7/4 favorites, has increased👇

I never agree w/ @scottlincicome.bsky.social. But he’s 100% right many Dems DO sound like libertarians on tariffs now. (Tho NOT @warren.senate.gov pictured here) Scott’s joy about some Dems’ Trump-reactive 180 spotlights that it is bad policy & bad politics. Why? Read @deluzio.house.gov NYT oped:

We're closing in on the end of the 90 day pause. Some thoughts from Lori on all of this, and the #tariff news from the Supreme Court:

Big Trump tariff news from the US Supreme Court! The tariffs survive until at least October and perhaps considerably longer - into 2006? - after the court rejects a request for expedited review of Trump’s tariff authority. I explain the whys and hows in this🧵Let's dive in... 1/

What’s the latest on the tariffs? What are NAFTA and CAFTA? @wallachlori.bsky.social, one of the top experts on trade policy in the country, joined me on my podcast, With Liberty and Justice for Some, to discuss these and more! open.spotify.com/episode/0lJZ...

Yes, there's more #tariffs news today. But before you dive in, check out @wallachlori.bsky.social‬'s video and PowerPoint presentation to @rururbbridge.bsky.social‬ - for all of the context you need to know on a complicated subject. 📌 rethinktrade.org/videos/rethi...

Thanks @reprileyny.bsky.social and ‪@replsimon.bsky.social‬ for leading new members of Congress in demanding American trade policies that benefit working people, independent farmers and small businesses! Friend, please read 👀 the letter - it’s spot on!

As the Trump tariff rollercoaster continues to loop-de-loop, @wallachlori.bsky.social breaks down the legal state of play for The Economic Populist.👇

If you're trying to figure out the current #tariffs landscape, we've got you covered. Rethink Trade's‪ @wallachlori.bsky.social‬ has a new video on the rulings: www.youtube.com/shorts/M4RNB...

Are you trying to understand the court rulings against Trump's "emergency" tariffs? @wallachlori.bsky.social has you covered. 1. Watch her video: youtube.com/shorts/M4RNB...

What is the #deminimis trade loophole? Hear @wallachlori.bsky.social Director of Rethink Trade at @econliberties.bsky.social explain.

ICYMI: @wallachlori.bsky.social‬ joined @rururbbridge.bsky.social‬ yesterday to discuss everything you've wanted to know about tariffs but were afraid to ask: Watch now: youtu.be/Re1lGEgx9FQ

Holy Trump tariff whiplash, Batman! A court invalidated many tariffs last night but today another court revived them. Please join me for a brief guided what-it-means tour of 24 hrs of tariff drama starting w/ the US Court of Int’l Trade (USCIT) ending tariffs by 6/7/25… 🧵

Holy Trump tariff whiplash, Batman! A court invalidated many tariffs last night but today another court revived them. Please join me for a brief guided what-it-means tour of 24 hrs of tariff drama starting w/ the US Court of Int’l Trade (USCIT) ending tariffs by 6/7/25… 🧵

Tariffs? Trade deals? Confused? 👀 @wallachlori.bsky.social‬ is breaking it all down with RUBI on Wednesday, June 4 at 4PM ET / 1PM PT. Save your spot: tinyurl.com/LoriWallach

ICYMI: Trump has approved the Nippon purchase of US Steel ICYMI, read @wallachlori.bsky.social‬'s January MSNBC op-ed on why Biden's original decision to block the purchase was the right choice: www.msnbc.com/opinion/msnb... Full ‪@politico.com‬'s piece here: www.politico.com/news/2025/05...

SAVE THE DATE! @wallachlori.bsky.social will be speaking at RUBI on June 4th about tariffs: Join her to learn about everything you've ever wanted to know, but were afraid to ask: