There have been several instances that Louisiana Lt. Gov. Billy Nungesser has warned that the escalating trade fight between the United States and Canada is impacting not only the national economy, but also increasingly the state economy. As Nussenger pointed out, the effects of the tarrifs are impacting Louisiana’s economy, because Louisiana depends on Canadians […]
While new tariffs cloud the national outlook, New Orleans is projected to see slow economic growth. The White House in the U.S. rolled out a 10% across-the-board import tariff starting April 5, then tightened and tweaked the rules on July 31. For a trade-heavy port like New Orleans, that’s a big deal. People and […]
Tariffs have become a hot topic in political and economic discussions, but what exactly are they—and how do they work? Whether it’s the price of goods at your local store or international trade tensions making headlines, tariffs play a major role in shaping global and domestic economies. This article breaks down what tariffs are, how […]
Trade deficits often make headlines, typically framed as a warning sign for the U.S. economy. Policymakers on both sides of the aisle have pointed to trade imbalances as reasons to impose tariffs, boost domestic production, and bring industry back home. But how much should we really worry about the trade deficit? And what does it […]
Louisiana’s economy has always had a complicated relationship with tariffs. From the booming sugar plantations of the 1800s, shaped in part by sugar tariffs, to today’s steel and soybean industries navigating global trade wars, protective tariffs have shaped the state’s fortunes—for better or worse. As Donald Trump’s 2025 “Liberation Day” tariffs roll out nationwide, it’s […]
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