Trump's Plan To Fight Illegal Drugs With Punitive Tariffs Makes No Sense
If stopping drugs from entering the country is as straightforward as the president-elect implies, why didn't he do it during his first term?
If stopping drugs from entering the country is as straightforward as the president-elect implies, why didn't he do it during his first term?
Since the president-elect refuses to admit that levies on imports are taxes paid by Americans, he sees no downside to raising them.
Grover Cleveland fought high tariffs as a “communism of pelf.” Trump embraces them as an economic cornerstone.
Navarro is a crank and a sycophant, so naturally he's going to be one of Donald Trump's top advisors.
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And higher gas prices will make it more expensive to move goods around the country.
The president-elect's first term turned lobbying into a growth industry, and he looks poised to do it again.
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The nomination, which fell apart in record time for predictable reasons, reflected a pattern of impulsiveness that may yet defeat the president-elect's worst instincts.
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Sen. Rand Paul's bill to require congressional consent for tariffs is getting new attention in the final weeks before Trump's return to power.
If confirmed, Chris Wright and Gov. Doug Burgum will have the opportunity to prioritize innovation and deregulation to the benefit of taxpayers and the environment.
Donald Trump has tabbed Howard Lutnick to be the next secretary of the Department of Commerce. He should also be the last.
Much of the detail remains to be worked out, but lawmakers and corporations are already preparing.
The justices, including Trump's nominees, have shown they are willing to defy his will when they think the law requires it.
The bipartisan embrace of industrial policy represents one of the most dangerous economic illusions of our time.
Donald Trump left the White House in January 2021 as a defeated, disgraced figure. He now seems likely to return to the presidency.
We don't know how Kamala Harris would wield her awesome power, and we don't know how the rule of law would constrain Donald Trump.
These two candidates can't even be trusted to explain their own ideas.
From tariffs to dietary guidelines, this election may bring the biggest federal changes to alcohol since Prohibition’s end.
Links to all my writings on these topics.
A new IMF study finds that a global increase in tariffs could decrease global GDP by nearly 1 percent by 2025 and over 1 percent by 2026.
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Whether through policy or prosecution, the president's ability to punish his political enemies should be sharply constrained.
After proposing a deduction for interest paid on car loans, the former president suggested it would apply only to vehicles made in America.
A new report shows that politically connected companies were better able to navigate the exclusion process and avoid paying tariffs during the Trump administration.
The former president says the government should be funded like it was in 1890. So where's the plan to reset spending to 1890s levels?
Why I'm voting for Harris in the 2024 election.
Both candidates have promised a litany of special favors to handpicked constituencies. If you don't fit into the right categories, you'll pay the price.
Drew Johnson wants to help define the post-Trump GOP.
These policies may sound good on paper—but they would be disastrous in reality.
Katherine Tai said tariffs were "leverage" against China, but now she admits that China hasn't made "any changes to its fundamental systemic structural policies."
Similar price hikes would hit smartphones, laptops, tablets, and televisions.
Donald Trump's plan for massive tariff increases is particularly dangerous because the White House could likely implement it without any new congressional authorization.
Yes. But there might be one more key opportunity to rein in presidential powers over trade.
The candidate’s protectionism offsets some otherwise positive tax ideas.
Everyone benefited when I manufactured my invention in China, but Americans benefited more.
Trump's protectionist running mate comes out against “cheap, knockoff toasters” and common sense.
Vance says higher energy prices make building houses more costly. What, then, do tariffs on steel and lumber do?
A lot more than Oren Cass and J.D. Vance want you to think, and Americans wouldn't like the tradeoffs necessary.
If the former president wins the 2024 race, the circumstances he would inherit are far more challenging, and several of his policy ideas are destructive.
The America of the past grew in spite of tariffs, not because of them.
Neither Harris nor Trump has a plan to address national debt, but they dramatically differ on taxation.
The costs of steep tariffs and a higher corporate income tax extend far beyond the advertised targets.
One official was concerned that lifting tariffs would lead to "lots of questions from domestic dairy producers."
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Both campaigns represent variations on a theme of big, fiscally irresponsible, hyper-interventionist government.
A half-baked idea that is just as dubious as Donald Trump's tariffs.
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