Trump's Trade Deals Won't End the Harm Caused by His Tariffs
In each case, tariffs remain much higher than they were before the deals.
In each case, tariffs remain much higher than they were before the deals.
The 10 percent baseline reciprocal tariff rate was bad for America; the 15 percent rate is even worse.
Trump believes he can deploy tariffs without tradeoffs or distortions. In reality, each new tariff move creates both.
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I participated along with Andrew Morris of the New Civil Liberties Alliance.
Not only does it raise taxes on American consumers, but it leaves American automakers at a distinct disadvantage relative to their Japanese competitors.
The case raises many of the same issues as our case against Trump's "Liberation Day" tariffs.
What is the relationship between Trump's tariffs and the rest of the economy?
Collections represented a surge in imports trying to beat higher rates—with a slump to follow.
The president has spent six months promising to make everything more expensive, and polls show that Americans have noticed.
Brazil’s judiciary has abandoned neutrality, with sweeping crackdowns on speech and political rivals. A U.S. tariff response signals the crisis has gone international.
According to one analyst, the U.S. would need between 42,000 and 250,000 more acres growing tomatoes to replace Mexican imports.
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Estreicher and Babbitt are right to conclude that Trump's tariffs violate the nondelegation doctrine, but wrong to reject other arguments against them.
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Increasing the cost of inputs and imported energy would make American exports less competitive.
It's an obvious abuse of emergency powers, a claim to unconstitutional delegation of legislative power, and a threat to the economy and the rule of law.
It might be the Trump administration's most foolish trade policy idea yet.
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The diversity and quality of the briefs opposing Trump's "Liberation Day" tariffs speaks for itself.
The Cato Institute and the New Civil Liberties Alliance urge the Federal Circuit to extend the logic of a decision against the president's far-reaching import taxes.
Our brief explains why the Federal Circuit should uphold the Court of International Trade decision striking down Trump's "Liberation Day" tariffs.
Scenes from a trade war.
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In 2018, Trump hailed a trade deal with South Korea as "fair and reciprocal" and said it was "a historic milestone in trade." So much for that.
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Several of the items on the Declaration's list of grievances against King George III also apply to Donald Trump today.
Americans will continue to pay higher tariffs, while Vietnamese businesses won't pay anything. Whatever happened to reciprocity?
The Supreme Court may have reached the wrong result in FCC v. Consumers Research. But ruling emphasizes there are significant constitutional limits to legislative delegation to the executive.
The trade deficit is getting bigger, the deals aren't coming, and foreign investment has declined.
It explains how these much-maligned doctrines can be valuable tools for constraining power grabs by presidents of both parties.
The Federal Reserve is unwilling to lower interest rates because "there will be some inflation from tariffs coming," Jerome Powell told a Senate committee.
They are prominent legal scholars and Supreme Court litigators from opposite sides of the political spectrum.
An outdated supply management system—designed to protect Quebec’s small dairy farms—is undermining Canada's global trade ambitions and hurting its own consumers.
Refrigerators, freezers, dishwashers, washing machines, and dryers are among the products subject to the president’s 50 percent tariff on imports derived from aluminum and steel.
Like King Charles, he is abusing emergency powers to impose taxes without legislative authorization.
Triple-digit bilateral tariffs have been brought down to double digits. Negotiations on semiconductors and rare earth elements will continue.
It's disappointing. But the court will hear the case on the merits on an expedited basis, and we have a strong case.
The article describes how the two can be mutually reinforcing, building on lessons from previous episodes in constitutional history.
Yoo's criticisms are off the mark, for a variety of reasons. But, tellingly, he actually agrees Trump's IEEPA tariffs are illegal, merely disagreeing with the court's reasons for reaching that conclusion.
The CIT ruling is much stronger than Prof. Goldsmith contends. The same is true of a related ruling by federal District Court Judge Rudolph Contreras.
Most imports to the U.S. are raw materials, intermediate parts, or equipment—the stuff that manufacturing firms need to make things.
Next week could be a pivotal one, as a federal appeals court could decide whether to restore an injunction against Trump's tariffs.
This crucial procedural issue is now before the US Court of Appeals for the Federal Circuit. Its resolution will determine whether the tariffs are immediately suspended, or get to continue so long as the case is stil being litigated.
In a petty, public war of words, Trump threatens to cut off federal support to Musk's companies after the billionaire attacked his deficit-busting budget bill.
In a 1978 appearance at Utah State University, the Nobel Prize–winning economist provided the perfect retort to those who blindly argue we should "build in America."