Shannon O'Neil
@shannonkoneil.bsky.social
SVP @cfr.org. Author: The Globalization Myth paperback out now! http://amzn.to/39t26WY Two Nations Indivisible http://amzn.to/Y0klak RTs ≠ Endorsements
Timber, Lumber, and Furniture: On Oct 14, Trump will impose tariffs on timber, lumber, upholstered wooden furniture, and kitchen cabinets. The US imports roughly 30% of its lumber. A third of the wood products subject to Section 232 tariffs are from #Canada 🇨🇦. 🧵(4/5)
October 8, 2025 at 7:31 PM
Timber, Lumber, and Furniture: On Oct 14, Trump will impose tariffs on timber, lumber, upholstered wooden furniture, and kitchen cabinets. The US imports roughly 30% of its lumber. A third of the wood products subject to Section 232 tariffs are from #Canada 🇨🇦. 🧵(4/5)
Drones: Americans import nearly half a million drones a year as just 100,000 are produced domestically. Over half of US drone imports are sourced from #Malaysia, though Chinese-owned companies dominate the US market. 🧵(2/5)
September 2, 2025 at 9:57 PM
Drones: Americans import nearly half a million drones a year as just 100,000 are produced domestically. Over half of US drone imports are sourced from #Malaysia, though Chinese-owned companies dominate the US market. 🧵(2/5)
Timber and Lumber: The US imports roughly 30% of its lumber—most of it from #Canada. The American lumber industry has a long-standing trade dispute with Canada, alleging that their lumber products receive unfair subsidies. 🧵(10/10)
July 14, 2025 at 4:18 PM
Timber and Lumber: The US imports roughly 30% of its lumber—most of it from #Canada. The American lumber industry has a long-standing trade dispute with Canada, alleging that their lumber products receive unfair subsidies. 🧵(10/10)
Critical Minerals: The US sources 12 critical minerals entirely from abroad. And it relies heavily on imports for another 28 critical minerals. Though #China supplies 6% of imports overall, the US depends on its adversary for specific minerals like rare earths. 🧵(9/10)
July 14, 2025 at 4:18 PM
Critical Minerals: The US sources 12 critical minerals entirely from abroad. And it relies heavily on imports for another 28 critical minerals. Though #China supplies 6% of imports overall, the US depends on its adversary for specific minerals like rare earths. 🧵(9/10)
Though Trump’s Section 232 tariffs will hit #China, they will also hit US allies and FTA partners—especially #Mexico, #Canada, #SouthKorea, and #Japan. 🧵(2/10)
July 14, 2025 at 4:18 PM
Though Trump’s Section 232 tariffs will hit #China, they will also hit US allies and FTA partners—especially #Mexico, #Canada, #SouthKorea, and #Japan. 🧵(2/10)
Tariffs will hit Canada the hardest. Mexico, Brazil, and South Korea will take a hit too, since they’re currently exempt from 2018 tariffs. China exports relatively little steel and aluminum to the US, thanks to earlier tariffs.🧵(4/6)
February 15, 2025 at 6:10 PM
Tariffs will hit Canada the hardest. Mexico, Brazil, and South Korea will take a hit too, since they’re currently exempt from 2018 tariffs. China exports relatively little steel and aluminum to the US, thanks to earlier tariffs.🧵(4/6)
Will the tariffs help US aluminum producers and steelworkers? Maybe, as domestic prices rise. But they’ll also drive up costs for manufacturers, who use steel and aluminum for everything from soup cans🥫 to military aircraft✈️.🧵(3/6)
February 15, 2025 at 6:10 PM
Will the tariffs help US aluminum producers and steelworkers? Maybe, as domestic prices rise. But they’ll also drive up costs for manufacturers, who use steel and aluminum for everything from soup cans🥫 to military aircraft✈️.🧵(3/6)
The US already makes most of its own steel. It imports more aluminum, but that's because countries like Canada🇨🇦, Mexico🇲🇽, and the UAE🇦🇪 can make it more cheaply, thanks to lower energy and labor costs.🧵(2/6)
February 15, 2025 at 6:10 PM
The US already makes most of its own steel. It imports more aluminum, but that's because countries like Canada🇨🇦, Mexico🇲🇽, and the UAE🇦🇪 can make it more cheaply, thanks to lower energy and labor costs.🧵(2/6)
I joined Shaine Anderson to talk tariffs, regionalization, and what might be at stake over the next four years on NAIOP’s Inside CRE podcast. You can listen to the full episode here spoti.fi/42Wgq3w
February 13, 2025 at 3:48 PM
I joined Shaine Anderson to talk tariffs, regionalization, and what might be at stake over the next four years on NAIOP’s Inside CRE podcast. You can listen to the full episode here spoti.fi/42Wgq3w
China depends less on the United States than it did in 2018, and relies less on trade overall, which will soften the blow. 🧵(5/6)
January 31, 2025 at 7:53 PM
China depends less on the United States than it did in 2018, and relies less on trade overall, which will soften the blow. 🧵(5/6)
Tariffs would hit Canada and Mexico much harder. Over 70 percent of each country's exports go to the United States. Their cars, crude oil, machinery, medical equipment, and fresh produce would bear the brunt. 🧵(4/6)
January 31, 2025 at 7:53 PM
Tariffs would hit Canada and Mexico much harder. Over 70 percent of each country's exports go to the United States. Their cars, crude oil, machinery, medical equipment, and fresh produce would bear the brunt. 🧵(4/6)
But tariffs will matter, particularly for U.S. autos, energy, and food. 🧵(3/6)
January 31, 2025 at 7:53 PM
But tariffs will matter, particularly for U.S. autos, energy, and food. 🧵(3/6)
Overall, the United States isn't a big trader. Just 25 percent of its GDP depends on imports and exports—far less than for Mexico and Canada.🧵(2/6)
January 31, 2025 at 7:53 PM
Overall, the United States isn't a big trader. Just 25 percent of its GDP depends on imports and exports—far less than for Mexico and Canada.🧵(2/6)