Why a Tariff Changed Your Hiking Boots

Looking at tariff incentives, we see changes in clothing design and factory location that are based on minimizing the impact of the tax.

The Travels of a Cashew

We seem to be going nuts for cashews. You can see below that the U.S. and India are eating the most. We like our nuts as a snack, in protein bars and as cashew milk. In India, a growing middle…

Laotian Investing

Laos has a new stock market. Launched during January 2011, on its opening day, the Laotian Securities Exchange listed 2 state-owned businesses, a bank and a power company. News reports indicated that investor interest in their securities was considerable and…

The Story of a Candle Tax

Our story begins with one 1986 tax, an “antidumping duty,” on Chinese candles. Responding to very low Chinese candle prices, the U.S. decided to protect domestic candle producers. By 2004, the tax was huge. More than 100%.  Also, candle makers…