Even on Pause, Trump's Trade War Runs Up a Big Price Tag
Predictions vary as to the ultimate cost, but there’s no doubt that tariffs create economic pain.
International Economics
Trump Advisors Struggle To Defend, or Even Explain, His Tariff Strategy
Members of the administration spent the weekend presenting contradictory defenses of Trump's economic policies.
Trump Is Wrong About McKinley's Tariff Legacy
Did the 25th president really make America "very rich through tariffs"? William McKinley might have told you otherwise.
Trump's Longtime Obsession With Trade Deficits Suggests His Tariffs Won't End Soon
Although the president's pride in his negotiation skills could save us, it is hard to see what sort of deal would address his grievance about the consequences of economic freedom.
Nintendo Delays Switch 2 Preorders Over Trump Tariffs
The company previously dropped out of the Brazilian market for five years until the country relaxed its tariffs on video games.
America Is Losing Trump's Trade War to Itself
If tariffs are so great, why has Trump shown a willingness to back down from his threats if other countries agree to certain conditions?
The Logical Contradictions of Trump's Case for Tariffs
Taxes on imports cannot possibly deliver all the benefits the president is promising.
Why Economic Sanctions Against Iran Are Backfiring
How Sanctions Work argues the consequences of economic warfare don't always serve American interests.
These Ceramic Tiles in Spain and Portugal Tell the Story of Globalization
Azulejos remind us that globalization has been shaping art, politics, and culture for centuries.
Trump Loves Tariffs. Fentanyl Is Just an Excuse.
If tariffs are a poor method of collecting revenue or strengthening trade, they're even less effective at stopping the flow of illegal drugs.
Tariffs on Imports From Canada and Mexico Are Still a Terrible Idea
And an increasingly unpopular one. Will Trump pay attention to the polls, if not the economists?
Does Trump Want Lower Gas Prices or Oil Sanctions on Iran?
The Trump administration’s math on Middle Eastern energy supplies just doesn’t add up.
Reciprocity Is a Misguided Response to U.S. Economic Strength
We do not need to copy Europe’s bad tax ideas.
Trump, the Self-Described 'Tariff Man,' Does Not Understand How Tariffs Work
Since the president-elect refuses to admit that levies on imports are taxes paid by Americans, he sees no downside to raising them.
Brazilian President Blames Markets for Inequality. He's Wrong.
Luiz Inácio Lula da Silva blames neoliberalism for the very problems it solves.
Survey: 63 Percent of Americans Support Free Trade. Why Don't Our Politicians?
Seventy-five percent of respondents are concerned that tariffs will raise the cost of the things they buy, yet neither Trump nor Harris has suggested lowering them.
How Chávez's Socialist Revolution Created the Venezuelan Dictator Nicólas Maduro
Under collectivism, "a man must be prepared to break every moral rule," F.A. Hayek observed in 1944.
Markets in Panic
Plus: Emhoff scandal, Iran and Hezbollah possibly striking Israel, Nirvana facts, and more...
Pompeo Is Selling a New Iran War to Republicans
Despite the party’s alleged turn against regime change wars, Pompeo’s stab-in-the-back myth has Republicans convinced that the same policy will work this time.
Trump Advisor Admits Trade War Against China Failed
In an interview, former National Security Advisor Robert O'Brien admitted that "the Chinese didn’t honor" the terms of the deal, years after it was clear.
The Best of Reason: The Mirage of China's I.P. Theft
As allegations of intellectual property theft swirl, a deeper look reveals a tale of phony numbers and twisted data.
The Mirage of China's I.P. Theft
As allegations of intellectual property theft swirl, a deeper look reveals a tale of phony numbers and twisted data.
Milei Sets Aside Dollarization Plan Due to Politics
In a recent interview, the Argentine president said he would have ended up in prison if he dollarized the economy.
Biden's Proposed Corporate Tax Hike Will Punish the Average American
The president wants to raise the rate from 21 percent to 28 percent, despite it being well-established that this is the most economically-destructive method to raise government funds.
Both Parties Agree: It's the Government's Business Whether You Invest in Chinese Companies
Some, like Rep. Patrick McHenry (R–N.C.), advocate a more measured approach.
Giving Away Food from Government to Government Isn't the Best Way to Solve World Hunger
Freer markets and property rights protections can be more efficient means to deal with localized food shortages.
Politicians Say They Want To Fight Climate Change. So Why Are They Fighting China on Electric Vehicles?
Rather than posing a national security threat, the growth of China's E.V. industry is an opportunity for global innovation.
Africa's Planned Cities Need Unplanning
Nigeria's shantytowns are more functional than its centrally planned gated communities.
When Trade War Threatens Real War
Biden is blurring the lines between economic policy and military action.
Deirdre McCloskey: 'What We Want Is a Nonslave Society'
The economic historian and Magatte Wade, Alex Gladstein, Mohamad Machine-Chian, Tony Woodlief, and Tom Palmer are challenging authoritarians everywhere.
Black Panther: Wakanda Forever Is Ambitious but Disappointing
There's real grief in this superhero sequel. But it falls prey to too many Marvel movie problems.
Goodbye, Globalization?
As American politicians turn against economic openness, history suggests the consequences could be dire.
The World's Richest Countries Want To Create a Competition-Crushing Global Tax Cartel
Hundreds of leaders have endorsed a 15 percent global minimum tax to quash countries with lower and simpler taxes.
The G7 Agrees To Create a Global Tax Cartel
It will be no better for taxpayers than oil cartels are for consumers.
The Next Pandemic Will Be Caused by the National Debt. It Will Crater the Economy.
Debt held by the public equals about 100 percent of GDP. That's hurting growth and will fuel a major crisis.
Honduran 'Free Cities' Get One Step Closer to Reality
Will they provide legal innovation, or merely business-friendly regulation?
From Boardroom to Battlefield and Beyond: Why It's Over for Power
Moisés Naím's brilliant new book charts how the little people are winning.
Imagining the World in 2030: "Driven by new technologies, nonstate actors take the lead in confronting global challenges."
The National Intelligence Council presents possibilites for how the next 20 years might play out
"Economic Patriotism" becomes Democratic Mantra
Why not just seal the border and shoot anybody who tries to leave?
