Eamonn Butler - Profile and Journalist Details
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Director, Adam Smith Institute
London
Beats
world bank, imf development, genderglobal economics, europe congress
Content
By Eamonn Butler| Adam Smith Institute@ Ministers tell us that everything is ‘on the table’. And many people believe, even expect, that the UK should retaliate against Donald Trump’s new trade tariffs with tariffs of our own. It definitely should not. That would only harm our own citizens and our own businesses. Tariffs would be a tax on the goods and services that we buy from the US. And we buy a lot from the US: around £58 billion a year’s worth. That is nearly £1000 for every person (including children) in the country.
By Eamonn Butler| Adam Smith Institute@ The Trump administration calls this ‘Liberation Day’—a triumph for US workers and a levelling of the global trade playing field—with sweeping new tariffs on imports from the UK and EU. But the policy is more likely to shackle the US and European economies, rather than liberate them. The argument, of course is that tariffs will protect US industries by making foreign goods, such as cars, more expensive, thus boosting demand for US-made alternatives. But recent history shows the folly of it.
By Eamonn Butler| Adam Smith Institute@ Ministers tell us that everything is ‘on the table’. And many people believe, even expect, that the UK should retaliate against Donald Trump’s new trade tariffs with tariffs of our own. It definitely should not. That would only harm our own citizens and our own businesses. Tariffs would be a tax on the goods and services that we buy from the US. And we buy a lot from the US: around £58 billion a year’s worth. That is nearly £1000 for every person (including children) in the country.
Company Info
Adam Smith Institute
The Adam Smith Institute (ASI) is a UK-based think tank and lobbying group founded in 1977. Named after the influential economist Adam Smith, the ASI advocates for free markets and free trade, aiming to influence economic policy both in the UK and internationally. The institute is recognized for its innovative approach to market economic policies. ASI produces extensive policy reports covering topics such as privatization, deregulation, and market-oriented reforms. It also publishes pamphlets and tributes to notable economists, emphasizing their contributions to free-market thought. The institute actively collaborates with policymakers, business leaders, and political groups to promote its policy proposals and has been influential in advocating for privatization and deregulation efforts. With its main branch in London and a U.S. branch established in Maryland, the ASI engages with various stakeholders and the public to advance its mission of promoting market solutions to policy challenges.
London, United Kingdom
Founded: 1977