U.S. Withdraws Foolish Threat of New Tariffs on Canadian Aluminum
First the Trump administration told us aluminum imported from Canada was a national security threat. Then it suddenly decided it's not a big deal.
First the Trump administration told us aluminum imported from Canada was a national security threat. Then it suddenly decided it's not a big deal.
Whether Biden or Trump wins this November, we're in for big, unaffordable government. How much bigger and how unaffordable are the only real questions.
A Wisconsin business owner who spoke about losing business to China ended up inadvertently undermining the administration's argument for protectionism.
Thanks to a paradoxical Trump bump, nearly 90 percent of both Democrats and Republicans now say they support international trade.
Unfortunately, Biden has carefully avoided committing to changing much of anything about Trump's trade policies.
In the president’s mind, trade is not a right to be respected but a process to be managed by politicians.
The last time an incumbent president was defeated, the fact that he'd raised taxes on Americans played a major role. Trump's done the same thing, but the DNC didn't talk about it.
Trump's trade war with China has been an outright failure. It shouldn't be too much to expect Biden to be able to say so.
One month after signing a signature trade deal with Canada (and Mexico), Trump just launched an unnecessary and counterproductive new trade war against America's northern neighbor.
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Biden says he'll oppose attempts to repeal the Jones Act and will push for tighter "Buy American" policies that hike the price of infrastructure projects.
Protectionism is now infecting the GOP to a degree that may be difficult to eradicate when the Trump era ends.
Abolishing tariffs would have short- and long-term benefits for the economy.
The deal will affect more than $1 trillion in annual trade between the U.S. and its two neighbors.
Just days before the new North American trade deal is set to take effect, the Trump administration reminds everyone that it prefers protectionism to free trade.
For two years, the president and his defenders have stubbornly claimed, contra both theory and evidence, that the duties are absorbed by China and other exporters.
In a new book, former White House national security advisor John Bolton says Trump's trade deal negotiations with Chinese President Xi Jinping "commingled the personal and the national."
The president’s tariffs have hiked prices and harmed consumers.
That's probably because those goals were always completely unrealistic. Less than six months after the deal was signed, it's already coming apart.
Sen. Chuck Grassley says it's dead because lawmakers feared upsetting the president.
In a Senate floor speech Wednesday, Hawley outlined a half-baked plan to tear down global trade. It's aimed at winning elections, not helping America prosper.
Two economists calculate that U.S. farms lost $14 billion because of retaliatory tariffs, while South American countries boosted their exports by $13 billion to fill the gap.
"The tariff is making it more difficult for companies to supply our nation's essential workers with antiseptics and sanitizing products they need."
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The department has granted just 1 percent of the tariff exemption requests that were challenged by domestic steel producers.
The White House announced a temporary suspension of tariff payments as a way to stimulate the American economy, but the relief will not apply to tariffs on steel, aluminum, or imports from China.
General Motors is being charged import taxes on parts it needs to build ventilators. Its requests for relief have gone unanswered.
Export restrictions only make sense if you're unable to understand the obvious consequences of that policy.
It's almost like Americans are paying for them, and like Trump doesn't actually believe in free trade.
Robert Lighthizer, head of the Office of the U.S. Trade Representative, says tariffs aren't hurting America's response to the virus. He's also lifting those tariffs to help with the response.
Some of Trump's tariffs hit medical equipment and supplies from China. We need more trade, not less, to be prepared for pandemics.
American whisky and wine drinkers are being punished for trying to amicably trade what they have for what they want.
Whisky has become collateral damage in a long-running spat between the U.S. and the E.U. over subsidies to airplane manufacturers.
Instead of $12.5 billion in new agriculture purchases exports to China this year, the USDA expects less than $4 billion.
When it comes to the trade deficit, policy wonks were right and the president was wrong.
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Stephen Moore and Gene Epstein debate whether or not President Trump's Chinese trade policy deserves broad public support.
The federal government is not a good steward of your money.
American manufacturing has been in a recession for the past year.
The Tariff Man doubles down on bad economics.
Republicans might rue that mistake when Elizabeth Warren or Bernie Sanders inherits Trump's beefed-up trade authority.
Trump's trade war has harmed the very industries and workers he aimed to help.
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Unless the tariffs are lifted, the "Phase One" trade deal might not accomplish much beyond empowering China's communist regime to tighten its grip on free markets.
The Trump administration's "phase one" deal with China will keep many tariffs in place, but Democrats don't seem to have the guts to stand up for freer trade.
A 100 percent tariff on European wines could all but wipe out the industry.
Robert Wetherbee says steel tariffs might force his business to shutter. But instead of asking for the tariffs to be lifted, he wants special treatment.