Trump Is Sabotaging His 'Drill, Baby, Drill' Agenda
When the government picks energy winners, consumers lose.
Tariffs
Phil Magness: The Problem With Trumponomics
Economic historian Phil Magness on the real history of tariffs and why Trump is so wrong about them.
Trump's New Car Tariffs Are a $100 Billion Tax Increase No One Wants
The president gleefully predicted that the cost to consumers could be as much as 10 times higher.
Tariff Nation
Plus: NPR/PBS funding possibly threatened, Trump's "war authorities," and more...
Will Trump's Tariffs on Venezuelan Oil Matter?
The latest tariffs appear to be like many before that were promised but never enacted.
Uncertain Tariffs Make Beauty a Lot Uglier
After contending with COVID-era inflation, the beauty industry and consumers face more supply disruptions and price hikes under Trump’s trade war.
Don't Bail Out Farmers Again
Farmers will bear the brunt of Trump's trade war. That's a good reason to avoid tariffs in the first place, not an excuse for another bailout.
Is Trump's Trade War Causing a Recession?
The Atlanta Fed’s GDPNow forecast plunged into recessionary territory, stocks wiped out $4 trillion in value, and consumers are pulling back. How long will Washington ignore the warning signs?
Trump's Tariffs Could Be the Final Boss for Affordable Gaming
As Trump’s trade wars with Canada and China escalate, tariffs could push console prices up, threaten U.S. jobs, and disrupt a $66 billion industry.
New Income Tax Proposal Is Progressive and Unworkable
Commerce Secretary Howard Lutnick says the Trump administration wants to eliminate income taxes for those making $150,000 or less—an unprecedented shift with major consequences.
Pour One Out for Purchasing Power This St. Patrick's Day
Trump’s tariffs will kill the global trade that makes the holiday’s cultural celebration possible.
Trump Makes Canada Free Again
Canada’s retaliation against Trump’s tariffs is wiping American alcohol off store shelves—and fueling an unexpected push to deregulate its own restrictive liquor laws.
Howard Lutnick Doesn't Get To Decide What You Buy
There is no "royal we" in the marketplace.
Trump Pledged To Support Tesla. His Trade Policies Will Do the Opposite.
Tariffs on steel and aluminum imports inflate the cost of electric vehicles.
Tariffs Raise Prices, Spark Conflicts, and Make Everyone Poorer
We rely on Canadian energy and lumber, and Canadians rely on our products. It's the proverbial win-win.
Trump's Threatened 200 Percent Tariffs on European Booze Are His Least Sensible Trade Move Yet
It would make American consumers poorer and hurt American businesses without any promise of benefits.
Congress Just Made It Harder for Congress To Block Trump's Tariffs
The cowardice of Congress will continue fueling the growth of executive power.
Rand Paul: Businesses and Workers Think Tariffs Are a Bad Idea
"I really haven't had anybody come up to me and say, 'Please, please, put tariffs on me,'" says Sen. Rand Paul (R–Ky.).
Why Some American Businesses Want More Tariffs
A quick lesson about concentrated benefits and diffused costs
It's Trump's Economy Now
Plus: A listener asks the editors to discuss the pros and cons of homeownership.
Trump's Trade War With America's Neighbors Is All Cost and No Benefit
What did we learn from yet another escalation in the North American trade war? Not to do it again.
Weak Dollar
Plus: Columbia's Hamas apologists, Musk's lawsuit against OpenAI, and more...
In Speech to Congress, Trump Promises More Tariff Madness
The tariffs Trump has already imposed on Canada, Mexico, and China will cost an estimated $142 billion this year—and he says more are on the way.
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 Are In Effect. Expect Everything To Become More Expensive.
The Trump administration’s trade war leaves everyone worse off.
How Trump Imperils Free Markets and Personal Liberties
Washington Post columnist Dana Milbank provides a helpful summary, with a little help from me.
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?
Trump's Love-Hate Relationship With Big Tech
If Trump wants to encourage domestic investment, his antitrust appointees should ditch their Big Tech prejudice.
The Sunny Side of Donald Trump's Power Grabs
The president is positioning himself to have much greater control over a smaller, enfeebled federal bureaucracy.
Rand Paul Wants DOGE To Build a $500 Billion Rescission Package for Congress To Approve
"The only way you get less waste is to give them less money to spend," says the libertarian-adjacent senator from Kentucky.
Trump's 'Reciprocal' Tariffs Could Be Largest Tax Increase Since World War II
The specifics are still vague, but the White House is reportedly claiming that new tariffs will generate $1 trillion annually.
Trump's Tariffs on Steel and Aluminum Are Bad News for American Energy
"This really is one of the dumbest things we could be doing."
Trump's New Tariffs on Steel, Aluminum Won't Help American Manufacturing
And it's not about "fairness." Quite the opposite, actually.
Trade Wars That Never Happen Still Have Costs
One CEO says the uncertainty created by Trump's chaotic trade policies is "reminiscent of the adjustments we had to make during Covid-19."
California Teachers Make 6 Figures on Average. Now They Demand More.
Plus: Steel and aluminum tariffs, Venezuelan sanctions and deportations, and more...
Trump's Tariffs Require Customs Agents To Check All Mail from China
Eliminating tariff exemptions will increase import delivery times and make direct-to-consumer goods more expensive.
This Trump Appointee Could Bring Fiscal Sanity to the White House
"Personnel is policy" has shaped past administrations. Kevin Hassett, who has been tapped to lead the National Economic Council, will have a hand in tax reform, debt reduction, and more.
Trump's Tariff Threats Can't Win the Unwinnable War on Drugs
After promising to stop the flow of drugs during his first term, the president blames foreign officials for his failure.
Here Is How Trump Can Falsely Claim His Tariff Threats Helped Win the Drug War
The president can cite meaningless "adequate steps," ambiguous drug seizure numbers, and a decline in drug deaths that began before he took office.
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.
Trump's Trade War Will Make Energy More Expensive
From gasoline to nuclear power, tariffs will hurt America's energy sector.
Trump's North American Trade War Accomplished Nothing
Canada and Mexico agreed to keep doing things they were already doing, and Trump revealed that he cannot be trusted with unilateral tariff power.
Trump's Dumb Trade War
Plus: A listener asks the editors about the implications of Trump personally suing CBS to obtain transcripts from an interview with Kamala Harris.
Trump's Theory of Tariffs Makes No Sense
We can tax our way to prosperity, Trump claims, but we'll just…not do that, I guess?
Challenge Trump's Tariffs Under the Nondelegation and Major Questions Doctrines
Recent Supreme Court precedent suggests such challenges might prevail, though success is not guaranteed.
