The hottest Trade Substack posts right now

And their main takeaways
Category
Top Finance Topics

How Trump’s Tariff Threat Made Apple Jump

Common Sense with Bari Weiss • 570 implied HN points • 24 Feb 25
💼 Business Economics Corporate Trade Investment Leadership
  1. Apple plans to invest $500 billion in the U.S., which could set a trend for other companies. This is a big decision that shows they are responding to economic pressures.
  2. Trump's comments on tariffs indicate he believes they can influence business decisions, like Apple's move to invest domestically.
  3. The situation reflects how political actions can have real effects on large businesses and their investment strategies.

Economics Roundup #5

Don't Worry About the Vase • 1836 implied HN points • 25 Feb 25
💰 Finance Economics Taxation Investment Debt Trade
  1. Many people believe that average tax rates and structures are unfair or ineffective. This could mean that policies need to evolve to better meet people's needs without creating high penalties for earning more.
  2. Trade barriers impact economic growth negatively, as they create higher costs in trade and limit opportunity for development across regions, both domestically and internationally.
  3. Access to credit can significantly influence people's financial wellbeing. If restrictions are placed on credit availability, it can harm those who are already struggling financially.

How do we measure whether China's economy is "ahead" of America's?

Noahpinion • 20059 implied HN points • 04 Jan 25
💰 Finance Economics Trade GDP Currency Growth
  1. There are different ways to measure the size of economies, like using nominal GDP or purchasing power parity (PPP). Depending on the method, we can get very different perspectives on whether China's economy is ahead of America's.
  2. The exchange rate can change the perception of an economy's size, especially if a country's currency is weak. If China's yuan strengthens, it could suddenly appear larger than the U.S. economy in nominal terms.
  3. When comparing economies, it's important to consider local prices and living standards. For a more accurate view of how people live and what they can afford, using PPP is crucial despite its complexity and potential inaccuracies.

An Argument For Tariffs

Points And Figures • 746 implied HN points • 17 Feb 25
🇺🇸 U.S. Politics Economics Trade Policy Defense Industry
  1. Tariffs can hurt consumers because they end up paying higher prices. Even if some believe they help local businesses, they can actually make those businesses less competitive.
  2. In some cases, tariffs might be necessary to protect industries that are important for national security, like drone technology. This can help the country stay strong in a competitive world.
  3. Big companies can create advantages that make it hard for others to compete. If countries like China dominate certain industries, tariffs may be needed to keep a fair playing field.

The Secret Lives of Hair

The Global Jigsaw • 277 implied HN points • 23 Oct 24
🎭️ Culture Fashion Art Health Trade Society
  1. Hair holds deep personal significance for people, symbolizing identity, shame, and beauty. From keepsakes to wigs, hair affects how we see ourselves and how others see us.
  2. The global trade of human hair is complex and often hidden, relying on economic disparities between those who sell their hair and those who buy it. Much of this trade originates from poorer regions, with many women selling their hair for financial support.
  3. Wigs and hair products go through a long journey before reaching consumers, involving multiple countries and cultures. The authentic origins of hair can be misleading, highlighting the hidden stories and market dynamics behind beauty products.
Get a weekly roundup of the best Substack posts, by hacker news affinity:

This Is What Fairer Trade with China Looks Like

Common Sense with Bari Weiss • 1080 implied HN points • 03 Feb 25
💼 Business Trade E-commerce Marketing Retail Economics
  1. There are differences in the tariffs that companies like Gap and H&M pay compared to platforms like Temu and Shein. This raises questions about fairness in trade practices.
  2. Brands like Shein and Temu are gaining a lot of attention through aggressive advertising on social media and other platforms.
  3. There is a culture emerging around 'haul' videos, where influencers showcase their purchases from these low-cost retailers, promoting consumerism.

Top Links 641 The UK's trade deficit with the US. Low-income growth in the USA. How electrification stalled. "M: son of the century" and "The new us".

Chartbook • 314 implied HN points • 06 Feb 25
💰 Finance Trade Economics Deficits Income Growth
  1. The UK has a unique trade relationship where it imports more from the US than it exports, leading to a trade deficit. This is unusual for a developed country.
  2. Low-income growth in the USA is a significant issue, highlighting economic challenges faced by many. It's affecting overall prosperity and living standards.
  3. Electrification efforts have hit a roadblock, indicating that progress in energy transition is not happening as fast as needed. This could impact future sustainability initiatives.

Top Links 635 The rebalancing of global industrial production. A hog-cycle in containers. Czech reserves & Korean coups (in 1979)

Chartbook • 486 implied HN points • 31 Jan 25
💼 Business Global Economy Trade Economics Geopolitics
  1. Global industrial production is shifting. This means how and where things are made around the world is changing.
  2. There is a trend called a 'hog-cycle' in container shipping. This affects how goods are transported and the availability of containers.
  3. Historical events, like the Czech reserves and Korean coups in 1979, can help us understand current global shifts and economic patterns.

‘I Don’t Think My Business Can Survive These Tariffs’

Common Sense with Bari Weiss • 635 implied HN points • 02 Feb 25
💼 Business Trade Tariffs Small business Economics International Trade
  1. Many small businesses in Canada are struggling due to high tariffs imposed by the U.S., especially under Trump's trade policies. This means they might face serious financial challenges unless these tariffs are lifted.
  2. Darrin Smith, who runs a successful woodworking tools company, is worried that the 25% tariffs will threaten the survival of his business. He relies heavily on sales to the U.S.
  3. The tariffs were created to address issues like illegal immigration and drug smuggling, but the actual impact on businesses could be quite damaging, raising concerns about the broader economy.

Top Links 634 Amerikanizm, tariffs and inflation. The UK's productivity stagnation, & the war-risk business.

Chartbook • 414 implied HN points • 30 Jan 25
🇺🇸 U.S. Politics Economics Trade Inflation Productivity Geopolitics
  1. Amerikanizm can have impacts on tariffs and inflation. This means policies can affect prices and trade in significant ways.
  2. The UK's productivity is not improving much, which suggests challenges in its economy. This stagnation can lead to slower growth and less innovation.
  3. There are increasing risks related to war for businesses. Companies might face uncertainties that could influence their operations and profits.

Luka Doncic and the market for lemons

Silver Bulletin • 679 implied HN points • 02 Feb 25
🎾 Sports Basketball Athletes Trade Analysis Market
  1. Luka Doncic being traded to the Lakers surprised everyone because such big trades are rare. Usually, it happens when teams are struggling or a player is unhappy.
  2. Typically, there's a lot of drama leading up to a superstar trade, but Doncic's trade happened suddenly without warning signs.
  3. People are questioning whether the Mavericks made a poor choice in trading Doncic without getting more in return, stirring curiosity about their decision-making.

Is Donald Trump Losing His Mojo?

Slack Tide by Matt Labash • 210 implied HN points • 30 May 25
🇺🇸 U.S. Politics Trump Politics Economy Trade Public Opinion
  1. People are noticing small wins lately since big achievements are hard to come by. It shows that sometimes you have to celebrate the little things.
  2. Trump is being linked to tacos in a funny way due to his trade decisions. This light-hearted connection has sparked some positive feelings about him.
  3. Many feel weary of bad trade ideas, fearing more economic strain. People want to avoid paying higher prices for things because of poor decisions.

The Art of the Deal: Trump defies past paradigms to secure better terms for America

The Dossier • 232 implied HN points • 05 Feb 25
🇺🇸 U.S. Politics Politics Foreign Policy Trade Negotiation Presidency
  1. Trump uses flexible and aggressive negotiating strategies, breaking past norms to get better deals for America. He believes in leveraging various tools like bluffing and urgency during negotiations.
  2. He does not shy away from using strong tactics, even against traditional allies, to ensure America gets a good deal. This includes imposing tariffs or making bold statements to create pressure.
  3. Trump's approach to foreign affairs is pragmatic and strategic, leaving his negotiating partners off-balance. He focuses on achieving the best outcome for the United States, regardless of previous political ideologies.

🎓 On the origins of the merchant class

Obsidian Iceberg • 59 implied HN points • 24 Oct 24
💾 History Trade Commerce Colonization Economics Civilizations
  1. Merchants used to work for kings and leaders, getting luxury goods for them. Over time, trade changed to focus on profit rather than just serving powerful rulers.
  2. As trade expanded, merchants started catering to smaller clients. This shift led to more diverse trading networks and a wider variety of goods available.
  3. Cities grew as places of commerce, not just government. Instead of being mainly for rulers, urban areas became important for trade and economic activity.

NBA Future of the Franchise Rankings

Silver Bulletin • 210 implied HN points • 08 Feb 25
🎾 Sports Basketball Trade Championships Analysis
  1. Teams' future success in the NBA is heavily influenced by their current roster and ability to attract superstar talent. A team with young superstars has a better chance at winning more championships over time compared to one that has an aging roster.
  2. The current standings of a team may not reflect their long-term potential. Teams like the Los Angeles Clippers and Phoenix Suns made big trades but now face challenges with roster depth and future draft assets, making it hard to build a championship-caliber team.
  3. It's crucial for teams to prioritize championship potential over just being competitive. Teams that are stuck in the middle, like the Sacramento Kings and Chicago Bulls, are less likely to achieve success because they lack pathways to acquire star players and improve their chances of winning titles.

Is Justin Trudeau’s Government on the Brink of Collapse?

Common Sense with Bari Weiss • 1432 implied HN points • 17 Dec 24
🇺🇸 U.S. Politics Government Leadership Policy Resignation Trade
  1. Justin Trudeau's government might be close to collapsing due to recent political turmoil. The resignation of an important ally has weakened his position significantly.
  2. Donald Trump's recent post about imposing tariffs on Canada could have serious implications for Trudeau. This situation seems to have added more pressure on his government.
  3. Finance Minister Chrystia Freeland's resignation is a major blow to Trudeau, as she was one of his closest collaborators. Her fiery letter highlights increasing tensions within the government.

Top Links 622 Trump's big choices. President-Fed interactions. Lifting the wind siege & how reinsurance trimmed its wildfire exposure.

Chartbook • 314 implied HN points • 18 Jan 25
🇺🇸 U.S. Politics Trump Economics Policy Trade Insurance
  1. High tariffs imposed by Donald Trump can be seen positively by some who believe it helps protect American jobs.
  2. Interactions between the President and the Federal Reserve are crucial for understanding economic policies.
  3. Reinsurance companies are finding ways to reduce their risks from wildfires, showing how the industry is adapting to climate challenges.

Why Is Africa Poor?

Journal of Free Black Thought • 59 implied HN points • 03 Feb 25
💼 Business Economic Policy Entrepreneurship Trade Poverty Corruption
  1. Economic freedom is crucial for Africa's growth. When people can easily start businesses and trade, they can improve their lives and communities.
  2. Many African countries face heavy regulations that make it hard to start businesses. This creates barriers and leads to corruption, which makes economic freedom worse.
  3. Better trade connections and fewer rules can help Africa prosper. Countries like Mauritius show that when barriers are removed, economies can thrive and people can become wealthier.

Economic Errors

David Friedman’s Substack • 655 implied HN points • 28 Dec 24
💰 Finance Economics Wealth Trade Investment Tariffs
  1. Wealth isn't just cash; it can be land, stocks, or buildings. A person's gain in wealth doesn't mean someone else has to lose money.
  2. When countries trade, it’s not just about wages. The value of currencies affects trade costs, and tariffs can disrupt these complex economic balances.
  3. People often hold on to incorrect economic beliefs because they sound easier or support their self-image. Understanding the real logic behind economics can be complicated but helps us see the true picture.

Op-Ed: New China tariffs and USPS disruptions threaten Temu and Shein’s US growth

The PhilaVerse • 123 implied HN points • 05 Feb 25
💼 Business Ecommerce Tariffs Shipping Trade Regulations
  1. New tariffs from China and USPS delivery issues may hurt Temu and Shein's low pricing options in the US.
  2. If shipping costs go up, these companies might have to raise prices or take a hit on their profits.
  3. Both companies are already facing scrutiny over their practices, so new regulations could make it even harder for them in the competitive market.

Top Links 604 China's booming exports. A new gas pipeline and America's murder epidemic of 2020.

Chartbook • 343 implied HN points • 31 Dec 24
🇺🇸 U.S. Politics Crime Trade Economy Public Policy Violence
  1. China's exports are growing a lot because prices for things like solar panels are going down. More products are being sold even if they are cheaper.
  2. A new gas pipeline is being developed, which could affect energy supplies and markets. This could change how countries trade and use gas.
  3. The murder rate in America rose dramatically in 2020, which raised concerns about safety and crime rates in the country. This trend has led to discussions about social issues and law enforcement.

Top Links 611 Trump's threat to affordable cars. Why trust small business? The world's most important boy scouts & revisiting the Maginot line.

Chartbook • 243 implied HN points • 07 Jan 25
🇺🇸 U.S. Politics Policy Economics Trade Tariffs Business
  1. Trump's tariffs will make affordable cars harder to find in the US. This is because the cost of making these cars will go up.
  2. Trusting small businesses is important for our economy. They often provide better service and creativity compared to larger corporations.
  3. Revisiting historical events, like the Maginot Line, can teach us valuable lessons. It's a reminder of how preparation and strategy matter in facing challenges.

Top Links 572 Tariffs & toys. The Trump non-linearity. A Miami real estate mystery. Keeping the Panama Canal open.

Chartbook • 443 implied HN points • 26 Nov 24
🇺🇸 U.S. Politics Tariffs Economics Real Estate Trade Policy
  1. Tariffs can impact holiday shopping by raising prices on various goods. This might make things like toys more expensive for consumers.
  2. There are unique stories, like the mystery surrounding Miami's real estate market, that highlight interesting trends in the economy.
  3. Global issues, such as keeping the Panama Canal open, show how interconnected our world is and why these logistics matter for trade.

A Lens to Understand the Trump Tariffs

Contemplations on the Tree of Woe • 769 implied HN points • 14 Feb 25
💰 Finance Tariffs Trade Economics Investment Market Analysis
  1. Not all tariffs are bad; they can help boost domestic manufacturing and protect jobs. The U.S. has lost many manufacturing jobs to overseas markets, which affects both the economy and national security.
  2. Often, tariff threats are used as negotiation tools rather than actual intentions to impose tariffs. For example, Trump used the threat of tariffs to gain cooperation from other countries on unrelated issues.
  3. The bigger issue is that many countries, including China, put up barriers to U.S. products while expecting open access to American markets. Addressing these trade imbalances can be crucial for fair international trade.

Top Links 585 Mexico's laborious economy. VW exits Xinjiang. Bibles are booming. Joan Robinson on time & history.

Chartbook • 271 implied HN points • 12 Dec 24
💼 Business Economics Labor Trade Globalization Industry
  1. Mexico works a lot, making it the second biggest economy in the OECD by total hours worked, surpassing countries like Germany.
  2. Volkswagen has decided to leave Xinjiang, reflecting changing business strategies in sensitive regions.
  3. There is a rising interest in Bibles, indicating a shift or demand in religious materials.

Top Links 564 Who, actually, works for the government? Trump and world trade. Leaving Illinois and the agony of Haiti.

Chartbook • 457 implied HN points • 18 Nov 24
🇺🇸 U.S. Politics Government Workforce Military Trade Security
  1. Only a small portion, about 2%, of the US workforce is employed by the federal government. It's interesting to see how few people actually work directly for the government.
  2. If half of the federal workers were fired, a big chunk of those remaining would be in military or security-related jobs. This shows how much of the federal workforce is tied to defense.
  3. The discussion about government jobs and employment raises important questions about efficiency and how the system is structured. It's worth thinking about what that means for America.

Top Links 566 Power prices. How will migrants and smugglers respond to the Trump shock? Prisons of power and Keynes on fairy dust.

Chartbook • 429 implied HN points • 20 Nov 24
💼 Business Economics Energy Labor Trade Policy
  1. Cheap electricity is making US companies more competitive compared to businesses from other countries.
  2. There are interesting questions about how migrants and smugglers will react to recent changes in politics.
  3. Keynes' ideas are still being discussed today, especially regarding economic concepts like 'fairy dust.'

Toshiba’s Big Technology Export Scandal

The Asianometry Newsletter • 4737 implied HN points • 10 Jan 24
🌍 World Politics Technology Trade Geopolitics Export Controls Cold War
  1. During the post-World War II era, the Soviet Union acquired Western technologies like modern American equipment, affecting global trade dynamics.
  2. Export controls evolved over time in the United States, influenced by historical events, concerns over national security, and international cooperation.
  3. The Toshiba-Kongsberg Incident in 1980s highlighted the challenges of enforcing trade restrictions, the impact on companies like Toshiba, and the need for effective, fair enforcement measures.

Border Crossings

Doomberg • 5582 implied HN points • 07 Mar 24
🌍 World Politics Energy Trade Economy
  1. The North American natural gas market is facing challenges like low prices and overproduction, leading to strategic production cutbacks by major players.
  2. The interconnected pipeline infrastructure among the US, Canada, and Mexico is facilitating significant natural gas exchanges, especially benefiting Mexico with its growing gas demand.
  3. Mexico's strategic position within NAFTA allows it to benefit from cheap energy imports from the US while also capitalizing on its own export opportunities to the US, contributing to its economic growth.

Mark Cuban, Kobe Bryant: Two More Theories on Why the Luka Dončić Happened

House of Strauss • 37 implied HN points • 04 Feb 25
🎾 Sports Athletes Teams Management Trade Analysis
  1. Mark Cuban hired Nico Harrison as GM, but it seems he was not ready for the job. This has led to problems that only became noticeable later.
  2. There are underlying reasons for the issues that the NBA community is aware of, even if they don't openly discuss them.
  3. Kobe Bryant's influence and theories regarding the situation may also provide additional insights into what is happening with Luka Dončić and the Mavericks.

Top Links 548 A productivity surge in the US oil industry. Taiwan's AI exports. The price of data and Joan Didion putting the boot in.

Chartbook • 371 implied HN points • 01 Nov 24
💼 Business Economics Industry Technology Productivity Trade
  1. The US oil industry is experiencing a big boost in productivity, which is likely affecting the overall economy.
  2. Taiwan is making significant strides in AI exports, indicating growth in tech and innovation in the region.
  3. There are rising concerns about the value of data in today's world, reflecting how important and expensive information has become.

Top Links 547 America's huge trade deficit. Hedge funds bet against green. Bout & the Houthis & the grate (sic) cheese robbery.

Chartbook • 357 implied HN points • 31 Oct 24
💰 Finance Trade Investments Economy Hedge Funds Deficits
  1. America's trade deficit widened significantly in September, which means the country is buying way more from other countries than it's selling.
  2. Hedge funds are making big bets against green investments, which suggests they believe these investments won't perform well in the future.
  3. There was a strange robbery involving 'grate cheese' and the Houthis, showing how unusual events can grab attention in the news.

Top Links 539 Peru's blueberry boom. El Salvador's $1 billion US-backed loan & the legacy of migrant jails.

Chartbook • 371 implied HN points • 23 Oct 24
💰 Finance Investing Economics Loans Trade Market Trends
  1. Peru is seeing a big increase in blueberry production, which is good for its economy. Blueberries are becoming a popular export from the country.
  2. El Salvador has received a $1 billion loan from the US, which is aimed at improving economic conditions. This is part of a larger effort to support the country's development.
  3. There is ongoing discussion about the long-lasting effects of migrant jails. These facilities have complex legacies that affect many communities.

Trump tariffs won’t easily derail euro zone recovery

Klement on Investing • 1 implied HN point • 17 Feb 25
💰 Finance Investing Economics Trade Policy Tariffs
  1. The euro zone is recovering and won’t be heavily impacted by US tariffs. Economists expect slow growth but not a major setback.
  2. There’s confusion about VAT as it’s treated like a sales tax that doesn't favor EU goods over US products.
  3. Even with these tariffs, US can claim a win without causing high inflation in their economy.

Canada Fires First Salvo In US/Canada Trade War, Ruining Trump's Inauguration.

C.O.P. Central Organizing Principle. • 30 implied HN points • 17 Jan 25
🇺🇸 U.S. Politics Trade Relations Policy Economics
  1. Canada has taken actions that seem to start a trade war with the U.S., which could create tension between the two countries.
  2. The situation surrounding this trade dispute impacted a major event, leading to Trump's inauguration being held indoors.
  3. These developments suggest that international relations can directly affect important political ceremonies and events.

January 27, 2025

Letters from an American • 22 implied HN points • 28 Jan 25
🇺🇸 U.S. Politics Immigration Trade Foreign Policy National Security Political Conflict
  1. Trump started a trade war with Colombia after they refused to let U.S. military planes land. This affected tariffs and migration agreements between the two countries.
  2. Migration patterns changed due to economic struggles in South America, pushing many migrants toward the U.S. after the pandemic. New agreements have been set up to manage these migration flows.
  3. The relationship between the U.S. and Colombia is strained, as Trump's actions risk losing a key ally in Latin America's efforts against drug trafficking and migration.

Unfamiliar Territory

Knicks Film School • 1190 implied HN points • 09 Feb 24
🎾 Sports Basketball NBA Team Trade
  1. Knicks are now viewed as a strong contender in the NBA East.
  2. The team made strategic trades to strengthen their roster for potential success.
  3. Maintaining flexibility and having a clear plan have put the Knicks in a promising position for the future.

Joe Biden’s Silent War on America’s Steel Industry

Peter Navarro's Taking Back Trump's America • 982 implied HN points • 11 Feb 24
🇺🇸 U.S. Politics Policy Trade Presidency Economy National Security
  1. Joe Biden's actions have negatively impacted the U.S. steel and aluminum industries, leading to a decline after years of Trump's tariffs.
  2. Imports of steel and aluminum surged under Biden as he dismantled Trump's tariffs, causing a decrease in domestic manufacturing jobs.
  3. Reinstating Trump's tariffs could help revive the steel industry, and forming domestic partnerships like U.S. Steel with Cleveland Cliffs may be beneficial for national security.

China is ‘world’s sole manufacturing superpower’, with 35% of global output

Geopolitical Economy Report • 1056 implied HN points • 31 Jan 24
🌍 World Politics Manufacturing Economy Trade Industrialization Geopolitics
  1. China has become the world's top manufacturing power, accounting for 35% of global production.
  2. China's economic success is largely attributed to its state-led development model, with government-controlled enterprises and strategic policies.
  3. The US is heavily reliant on Chinese manufactured goods, making complete decoupling challenging and costly for both countries.

My latest from NBA Trade Season

Marc Stein • 1022 implied HN points • 04 Feb 24
🎾 Sports NBA Trade Basketball
  1. Updates on more than half of the NBA's 30 teams are coming as the trade deadline approaches
  2. Expect the unexpected in the NBA trade season; surprises often happen last minute
  3. Past unexpected trades, like Irving and Durant's, hint that more surprises could be on the way