Trump's Tariff Power Grab May not be Over
Yesterday's deals with Canada and Mexico stopped the trade war for now. But Trump may yet return to asserting sweeping authority to impose whatever tariffs he wants.
Yesterday's deals with Canada and Mexico stopped the trade war for now. But Trump may yet return to asserting sweeping authority to impose whatever tariffs he wants.
From gasoline to nuclear power, tariffs will hurt America's energy sector.
Canada and Mexico agreed to keep doing things they were already doing, and Trump revealed that he cannot be trusted with unilateral tariff power.
The European Union doesn’t need a five-year plan—it needs free markets.
Plus: A listener asks the editors about the implications of Trump personally suing CBS to obtain transcripts from an interview with Kamala Harris.
We can tax our way to prosperity, Trump claims, but we'll just…not do that, I guess?
Recent Supreme Court precedent suggests such challenges might prevail, though success is not guaranteed.
Almost exactly one year after Congress swore off self-inflicted fiscal crises, we're back to the same tired theatrics.
Trump's second trade war has apparently arrived. There remains much uncertainty, but expect it to be costly.
Reviving the Monroe Doctrine and 19th century Republican adventurism is not a shortcut to peace.
In a jaw-dropping argument, the Department of Justice claims seizing $50,000 from a small business doesn’t violate property rights because money isn’t property.
The public worries about corruption and bureaucracy, but many want more of the same.
The stark disconnect not only runs the risk of choking off much of the global commerce the president claims to welcome but threatens to stick U.S. consumers and businesses with higher costs.
Drug warriors deserve blame rather than credit for their role in recent overdose trends.
Howard Lutnick told senators that CHIPS Act subsidies were "an excellent down payment."
Inflation and rent prices are down, and the country has a budget surplus.
Immigration experts Alex Nowrasteh and Bryan Caplan make the case for significantly more and easier immigration to the U.S.
Politicians in both major parties see the People's Republic as an economic and military threat. But the real threat is an isolated China.
DeepSeek made a more efficient product that the rules wouldn't hinder.
Though he promised to lower costs on Day 1, Trump remains just as beholden to the laws of supply and demand as his predecessor.
The owner of a famous cocktail bar in Dallas warns that tariffs on Mexican imports will mean higher menu prices and reduced availability of specialty tequila.
Allowing duplexes and triplexes in single-family neighborhoods doesn't increase housing supply much. But it does give people more choices.
President Donald Trump doubled down on both domestic deregulation and protectionism in his speech to the World Economic Forum.
The Bank Secrecy Act regime forces banks to report customers to the government for an ever-growing list of “red flags.”
But at least he restored respect for a tariff-loving predecessor by renaming a mountain.
Not doing so could be harmful for just about everyone.
They are allied countries with which the U.S. has a trade deal (a deal negotiated by Trump, no less), but presidential emergency powers are nearly limitless.
American tariffs will increase the price of final and intermediate goods, hurting our own consumers and domestic manufacturers.
Many have started to recognize a need to focus on their core business rather than virtue-signaling.
The Fraternal Order of Police mistakenly thought that the president "supports our law enforcement officers" and "has our backs."
If a central bank has to exist, it has to be independent.
Mike Pesca reacts to Trump's inauguration and slate of executive orders on the latest Just Asking Questions.
Domestic deregulation will decrease the cost of living. Trade barriers will do the opposite.
Trump promises to "tariff and tax foreign countries to enrich our citizens." That's not how it works.
Outgoing FTC Chair Lina Khan sues Pepsi for violating Robinson-Patman Act.
Remote work is a plus for many people and businesses, but that’s not necessarily true of D.C.
DOGE won't necessarily have to kill any of Republicans’ sacred cows—but they will have to be put on a diet.
Politicians in both major parties see the People's Republic as an economic and military threat. But the real threat is an isolated China.
California Gov. Gavin Newsom must allow prices to rise if he wants homes to be rebuilt as quickly as possible.
Californians are turning to private firefighting and security, but officialdom gets in the way.
Mandating negligible nicotine levels in tobacco products would create a big black market and criminalize currently legal transactions.
For all the excitement about the incoming administration and a return to the 2019 economy, market stability rests on the precarious assumption that the government will eventually put its fiscal house in order.
After four years, the president leaves behind a long, expensive record of non-accomplishment.
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