Hacker News with Generative AI: Economics

The Death of the Middle-Class Restaurant (nytimes.com)
The boom in American sit-down chains has come and gone. What replaced them isn’t so great for human connection.
Restaurants, Business, Economics, Social Trends
9 points by lxm 1 hour ago | 5 comments
Trade deficits do not make a country poorer (noahpinion.blog)
I don’t actually think you can defeat Trump’s tariffs by arguing with them rationally, or by explaining economic theory.
Economics, Trade, Politics
25 points by paulpauper 10 hours ago | 6 comments
Buy Your Tech Now Before You Can't Possibly Afford It (gizmodo.com)
If the Switch 2 delay proves anything, it’s that Trump tariffs mean your tech will be more scarce and cost a lot more.
Technology, Consumerism, Economics
9 points by rntn 14 hours ago | 9 comments
America could end up making China great again (economist.com)
President Trump’s mindless tariffs will cause economic havoc
Politics, Economics, China, United States
38 points by Anon84 14 hours ago | 26 comments
Reciprocal Tariff Calculations (ustr.gov)
Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the U.S. and each of our trading partners.
Economics, International Trade, Tariffs
39 points by silverkite 15 hours ago | 56 comments
Tariffs Can Help America (foreignaffairs.com)
U.S. President-elect Donald Trump has promised to implement a suite of aggressive tariffs on American trade partners, including a blanket 20 percent levy on goods from abroad.
Tariffs, Trade Policy, Economics, International Relations, United States
17 points by ckcheng 17 hours ago | 41 comments
The Rest of the World Is Bracing for a Flood of Cheap Chinese Goods (msn.com)
President Trump’s jumbo tariffs on China threaten to create a new problem for a global economy already stressed over trade: a $400 billion deluge of Chinese goods looking for new markets.
International Trade, Economics, China, Tariffs
6 points by walterbell 17 hours ago | 1 comments
Javier Milei's Free Market Reforms Are Starting to Pay Off (reason.com)
Argentina's poverty rate fell sharply in the second half of 2024, according to official data released this week, marking a major milestone for President Javier Milei's sweeping economic reforms.
Argentina, Economics, Free Markets, Poverty
11 points by rustoo 17 hours ago | 1 comments
iPhones Could Cost Up to $2,300 in the U.S. Due to Tariffs, Analyst Says (macrumors.com)
U.S. President Donald Trump on Wednesday announced that steep tariffs will be applied to imports from many countries, starting April 9. The tariffs could have a significant impact on Apple, as the company assembles the majority of iPhones in China, and products imported to the U.S. from China will be subject to a 54% tariff.
Tariffs, Apple, iPhones, Economics, Politics
41 points by tosh 18 hours ago | 69 comments
Trump Has Botched His Own Bad Tariff Plan (theatlantic.com)
Once you’ve said you might negotiate, nobody is going to believe you when you change your mind and say you’ll never negotiate.
Politics, Economics, Trade, Trump
15 points by nabla9 23 hours ago | 12 comments
Trump's Tariff Formula Makes No Economic Sense. It's Also Based on an Error (aei.org)
President Trump on Wednesday announced tariffs on practically every foreign country (and some non-countries), ranging from a 10 percent minimum all the way up to 50 percent.
Economics, Politics, Trade
239 points by Leary 1 day ago | 180 comments
Countries Targeted by Trump's Tariffs May Strike Back at U.S. Services (nytimes.com)
President Trump says he is outraged by the fact that the United States imports more goods than it sends to the rest of the world. What he rarely mentions, though, is that when it comes to services, the tables are turned.
International Trade, Economics, Politics, Tariffs, United States
9 points by rguiscard 1 day ago | 1 comments
Mercantilism (wikipedia.org)
Mercantilism is a nationalist economic policy that is designed to maximize the exports and minimize the imports of an economy.
Economics, History, Trade
69 points by dismalaf 1 day ago | 65 comments
The Decline of the U.S. Machine-Tool Industry and Prospects for Recovery (1994) (rand.org)
The machine-tool industry is a small but vital sector of U.S. manufacturing. Machine tools—which cut and form metal—are essential for reproducing the technologies required in an industrial economy.
Manufacturing, Economics, Industry, United States
16 points by walterbell 1 day ago | 2 comments
Why Trump's Tariffs Are Rattling Even Meta (nytimes.com)
When President Trump announced sweeping tariffs this week, some of the biggest tech companies had obvious reasons for worry.
Politics, Economics, Technology, Trade
11 points by ChrisArchitect 1 day ago | 1 comments
Wall Street Blew It (theatlantic.com)
After Thursday’s stock-market sell-off provoked by Donald Trump’s announcement that the United States would be imposing new tariffs on almost every country in the world, the one thing we can say for sure is that Wall Street blew it.
Economics, Trade Wars, Politics
80 points by littlexsparkee 1 day ago | 133 comments
Switch 2 preorders delayed over Trump tariff uncertainty (arstechnica.com)
Nintendo Switch 2 preorders, which were due to begin on April 9, are being delayed indefinitely amid the financial uncertainty surrounding Donald Trump's recent announcement of massive tariffs on most US trading partners.
Video Games, Politics, Economics
10 points by ngetchell 1 day ago | 0 comments
Tabletop industry in full panic as tariffs poised to erase decades of growth (polygon.com)
President Donald Trump unveiled sweeping tariffs on foreign goods Wednesday, with the reportedly “arbitrary” levies exceeding 60% in some cases.
Trade, Economics, Gaming, Politics
8 points by Kapura 1 day ago | 0 comments
Hyperinflation Heralded the Fall of German Democracy (2023) (smithsonianmag.com)
“Conditions have taken a catastrophic turn here,” wrote Berlin resident Betty Scholem in an October 15, 1923, letter to her son. “This letter cost 15 million” marks to send, she added, and “it will be 30 million beginning the day after tomorrow.” She and her husband estimated their expenses in the billions as the monthly rate of inflation approached 30,000 percent.
History, Germany, Economics, Inflation, Democracy
51 points by joebig 1 day ago | 37 comments
California to Negotiate Trade with Other Countries to Bypass Tariffs (newsweek.com)
California Governor Gavin Newsom said he has directed his administration to "look at new opportunities to expand trade" as he tries to steer his state around President Donald Trump's sprawling import tariffs.
Trade, Politics, California, Economics, Tariffs
4 points by geox 1 day ago | 1 comments
Tariffs only "work" if they make prices higher (slowboring.com)
The political appeal of tariffs is driven in large part by a sense that we have to do something to create jobs and economic opportunity for blue collar men.
Economics, Trade, Politics
4 points by skadamat 1 day ago | 0 comments
Trump tariffs terrify board game designers (arstechnica.com)
Most games are made in China. They now face hefty fees.
Politics, Board Games, Trade, Economics
8 points by Tomte 1 day ago | 0 comments
Earners vs. Owners (profgalloway.com)
It’s tax season in the U.S. Sixty-million-plus Americans’ taxes are so simple, the IRS could process them automatically and just send a bill or refund check. Instead, the average American spends $270 and 13 hours filing their taxes each year. Spoiler alert: The IRS is the least popular federal agency.
Taxes, Finance, Economics
22 points by Brajeshwar 1 day ago | 0 comments
Trump's tariffs shake markets, spark recession fears (cnn.com)
Economics, Politics, Trade, Recession
8 points by paulpauper 1 day ago | 0 comments
How the 2025 US Financial Crisis is Different than 2008 (medium.com)
When arriving to my job at an investment bank in February 2008, I walked into a storm of magnitude that still stands out in the 21st century.
Finance, Economics
61 points by 6stringmerc 1 day ago | 118 comments
America still needs Canadian oil (edconway.substack.com)
As Donald Trump wages trade war against his nearest economic neighbours and biggest trade partners, there is one small but significant detail we should briefly ponder. What is the main thing the US actually imports from Canada? No, it’s not fentanyl. It’s crude oil.
Politics, Trade, Energy, Economics
6 points by baud147258 1 day ago | 1 comments
Wealthy Americans have death rates on par with poor Europeans (arstechnica.com)
The study, led by researchers at Brown University, found that the wealthiest Americans lived shorter lives than the wealthiest Europeans.
Health, Economics, Social Inequality, Demographics, International Comparison
117 points by zdw 1 day ago | 82 comments
Who Pays the Tariff – How Voter Ignorance Impacts Public Policy (outlookzen.com)
Who pays the tariff?
Politics, Economics, Public Policy, Voter Behavior
5 points by whack 1 day ago | 0 comments
Dow Slides Another 1k Points. Nasdaq on Pace to Enter Bear Market (barrons.com)
Not even a strong update on the labor market could halt the stock market’s tariff-fueled selloff.
Stocks, Economics, Market Volatility, Bear Markets
101 points by pera 2 days ago | 94 comments
Trump's Trade War Escalates as China Retaliates with 34% Tariffs (nytimes.com)
China has struck back at President Trump.
Politics, International Relations, Trade, Economics
176 points by Anon84 2 days ago | 201 comments