U.S. Tariff Route 66! You’re poking at a wonderfully twisted question, and tariffs are indeed the quirkiest of tax pirates!
“GLOBAL FINANCE and TRADE 4: Tariffs, Rate Cuts, and Market Shifts”—we were interviewed by The Good Men Project and former Tobis Fellow writer Scott Douglas Jacobsen, founder of In-Sight Publishing and Editor-in-Chief of In-Sight: Independent Interview-Based Journal.
“Schulman offers timely insights into macroeconomic trends, US fiscal policy, and the global tech landscape….
“Supply chains shift toward friendshoring, regional “slowbalization,” and complex rerouting, pushing costs higher while accelerating automation AI logistics. India moves from favored to targeted: a 25% reciprocal tariff effective August 7 plus an added 25% penalty August 27; a ₹40 billion credit guarantee barely helps. Equities rallied on strong earnings and rate-cut hopes. Institutional credibility still dictates capital, valuations, and resilience.”
SELECT QUOTED EXCERPTS
Scott Douglas Jacobsen: How might the U.S. tariffs on 66 countries reshape global supply chains?
Schulman: U.S. Tariff Route 66! You’re poking at a wonderfully twisted question, and tariffs are indeed the quirkiest of tax pirates! The original Route 66 begins in Chicago, Illinois and ends in Santa Monica, California. The Tariff Route 66 is global (and possibly unending). Let’s unravel this windy knot with clarity and snark.
We gave a heads-up and restarted the tariff conversation with our family office clients last year when Trump started climbing in the presidential polls and betting sites. Tariffs are like boulders dropped into the river of global trade; they don’t stop the flow, but they force it to twist and carve new channels. …Buyers can ask foreign sellers for concessions or price breaks which in turn creates thousands of inefficient private one-off discussions and negotiations. Tariffs set off a chain reaction through production networks, logistics routes, and even diplomatic alliances. Let’s unpack the supply chain chessboard this creates….
Jacobsen: Why did markets rally in spite of the escalating tariff tensions?
Schulman: Tariffs were the distraction, not the main concern; or to quote an adage, it’s the economy stupid. Stocks rallied not because tariffs disappeared but because louder music drowned them out;…
Jacobsen: Are U.S. tariffs on Indian exports a protectionist decision or a geopolitical calculation?
Jacobsen: What happens if the U.S.–China tariff moratorium expires and then there’s no renewal?
Jacobsen: Are global equity record highs signaling a bubble?
READ THE ENTIRE INTERVIEW FOR FULL THOUGHTS & COMMENTS
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