Supernormal Returns
Erica YorkQuick, clear insights on economic policy decisions.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 20 | Founded | 8 months ago | Last Issue | 2 months ago |
| Active | |||||
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ericadyork.substack.comLatest Issues
Compared to what?
The last week brought several retrospective analyses of President Trump’s first year of reciprocal tariffs, ranging from victory laps to selective trend line comparison to careful examination of what’s been learned.
It will take much longe...
Looking for Trump’s $18 trillion
This week marks the one-year anniversary of “Liberation Day” and President Trump’s global tariff scheme. Earlier this year, President Trump defended his tariff strategy by touting that he has “secured commitments for more than $18 trillion,...
Tariff refunds loading
Customs and Border Protection (CBP) continues preparing to refund more than $166 billion in unlawfully collected tariffs plus interest. As of March 19, CBP reported that the various components of a new refund tool under development are betw...
New Section 301 tariff investigations affect 99% of US goods imports
Amid the geopolitical developments of the past week, the Trump administration launched multiple new Section 301 investigations, laying the groundwork to replace the now unlawful IEEPA tariffs that affected nearly all US trade partners.
An...
To passthrough or not passthrough
The February Beige Book released last week included several reports made before the Supreme Court’s tariff decision. The overarching narrative was that the price effects of tariffs are still actively working through supply chains, with some...
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