Americans Doubt Trump's Trade War Will Benefit Them
Consumers and businesses are already experiencing higher prices and economic pain.
Consumers and businesses are already experiencing higher prices and economic pain.
The president’s sweeping import levies have no basis in the statute he cites.
Even if the Fed tried to cut rates, inflation, investor reluctance, and a $25 trillion borrowing spree could keep them elevated for years.
So much for unleashing American energy.
Plus: California zoning bill survives powerful lawmaker's economic illiteracy, Montana legislators pass simple, sweeping, supply-side housing reforms, and Washington passes rent control.
Trade and immigration are areas where Trump operates most like a criminal autocrat.
Plus: "Calm corners" in the subway system, mysterious 18-hour power outage, and more...
I was one of 35 legal scholars who took part.
Plus: A listener asks about possible book club books that are "subtly libertarian."
U.S. District Judge Mark Walker says Upside Foods has plausibly alleged that the law's protectionism violates the "dormant" Commerce Clause.
The penalty amounts to a "multibillion-dollar tariff," a Meta spokesperson says.
A sharp decline in ocean freight from China during April is a sign of the supply chain issues that will begin hitting in May.
The city passed a law cracking down on food delivery companies rather than the reckless drivers creating chaos on sidewalks and streets.
We also covered the issue of the administration's failure to properly obey court orders and the looming threat of a "constitutional crisis."
PLF is a leading libertarian-leaning public interest organization. Their case is similar to that filed by Liberty Justice Center and myself.
Small businesses and a dozen states have filed a pair of lawsuits challenging Trump's authority to impose tariffs on board games, clothes, and lots of other things.
There isn't much public enthusiasm for the president's chaotic style.
Plus: AEA deportations, Glenn Greenwald on civil liberties under Trump, and more...
The temporary restraining order allows time to challenge burdensome reporting requirement.
Far from delivering industrial renewal, Trump's tariffs have already led to layoffs at manufacturing plants.
Reason interviewed five signatories of the Anti-Tariff Declaration to learn why they oppose tariffs and support free trade.
The suit resembles previous ones on the same subject filed by the state of California, and by the Liberty Justice Center and myself.
Signers include Steve Calabresi, Harold Koh, Richard Epstein, Michael McConnell, Alan Sykes, former Attorney General Michael Mukasey, and others.
More lobbyists are spending more money to influence trade policy. The swamp is having a great time during the trade war.
Predictions for U.S. and global economic growth are down since January.
According to the president, the U.S. economy will begin to slow down unless the Fed “lowers interest rates, NOW.”
"Tariffs will have an influence on the total price," one of the project's construction partners said.
Plus: A listener asks who was the better president: Trump or Obama?
Scenes from a trade war.
The degree of agreement among participants with major ideological diferences is striking.
President Donald Trump once again rolled out the egg-colored Reagan rug for his second term, but the Trump-Reagan similarities are running thin.
The White House's trade policy is totally scrambled.
The motion was filed today, and sets out our case in detail.
It explains why the IEEPA "Liberation Day" tariffs are illegal and how our case against them relates to the other three cases challenging Trup's tariffs.
Goldman Sachs estimates that the tariffs will create about 100,000 manufacturing jobs while destroying 500,000 others. In Pennsylvania, it's already starting.
Only time will tell if America heeds their clarion call.
In the chaotic early days of Poland's "shock therapy," free market reformers measured their success by the falling price of this one basic commodity.
The wonders of capitalism make hyper-realistic egg substitutes possible.
Even if Trump were a font of intelligence and wisdom (and he's not), no one person should be directing any country's economy.
Mere Economics makes a religious argument for private property and free exchange.
Company co-founder John Mackey weaves together lessons from his business, spiritual, and personal journeys.
The Danger Zone co-author joins the show to discuss China's peaking power, and why that actually makes them more dangerous.
The Liberty Justice Center and I filed the case on Monday.
I was interviewed by Caleb Brown of Cato.
They challenge both the "Liberation Day" IEEPA tariffs, and earlier ones imposed on Canada, Mexico and China.
The cost cutter's current projection of annual "savings" is 85 percent lower than the goal he set two months ago—and even that number can't be trusted.
Trump hopes you like tomato sauce!
Help Reason push back with more of the fact-based reporting we do best. Your support means more reporters, more investigations, and more coverage.
Make a donation today! No thanksEvery dollar I give helps to fund more journalists, more videos, and more amazing stories that celebrate liberty.
Yes! I want to put my money where your mouth is! Not interestedSo much of the media tries telling you what to think. Support journalism that helps you to think for yourself.
I’ll donate to Reason right now! No thanksPush back against misleading media lies and bad ideas. Support Reason’s journalism today.
My donation today will help Reason push back! Not todayBack journalism committed to transparency, independence, and intellectual honesty.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges central planning, big government overreach, and creeping socialism.
Yes, I’ll support Reason today! No thanksSupport journalism that exposes bad economics, failed policies, and threats to open markets.
Yes, I’ll donate to Reason today! No thanksBack independent media that examines the real-world consequences of socialist policies.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges government overreach with rational analysis and clear reasoning.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges centralized power and defends individual liberty.
Yes, I’ll donate to Reason today! No thanksYour support helps expose the real-world costs of socialist policy proposals—and highlight better alternatives.
Yes, I’ll donate to Reason today! No thanksDonate today to fuel reporting that exposes the real costs of heavy-handed government.
Yes, I’ll donate to Reason today! No thanks