New Studies Show Trump's Tariffs Have Been Costly For U.S. Consumers and Businesses
"These U.S. tariffs have been completely passed on to U.S. firms and consumers," report economists from Princeton, Columbia, and the Federal Reserve.
Tariffs
Trump's Trade War Has Hurt American Manufacturers More Than It Helped Them
That should be fairly obvious to anyone who has been following the news, but a new report from the Federal Reserve provides the empirical evidence.
U.S., China Agree to 'Phase One' Trade Deal, but Most Tariffs Will Remain in Effect
This deal offers minimal relief for Americans, and it doesn't seem to address the thorniest issues between the two countries.
3 Winners and 3 Losers From Today's North America Trade Deal Announcement
Trump, big labor, and America's reputation as a trading partner emerge as winners, but free trade takes the loss in the USMCA.
This Week Is a Crucial Final Exam Capping the Second Year of Trump's Trade Wars
Deadlines near for the NAFTA rewrite and the China negotiations.
New Tariffs Scheduled for December 15 Won't Pressure China Into Making a Deal. Trump Should Cancel Them.
The set of tariffs scheduled for December 15 will hit a wide range of consumer goods from children's toys to laptops, gaming consoles, and other home electronics. They will be costly and ineffective..
Trump's Farm Bailout Has Cost Over $10 Billion This Year
Trump has authorized up to $16 billion in bailout spending this year, on top of $12 billion spent in 2018.
Trump and Warren Love Protectionism, But It Hurts Workers While Boosting CEO Pay
A new study shows that tariffs and other anti-trade policies actually benefit executives far more than the average worker.
Trade War Cost Republicans In 2018 Midterms, Especially in Rural Swing Counties
New research shows that GOP candidates lost ground in counties that were adversely affected by the trade war. In places without those effects, there were "no discernable gains" for Republicans.
Is Trump Choosing Tariffs Over a Trade Deal With China?
The tariffs were supposed to create the conditions for such a deal, but Trump is refusing to drop them as part of an agreement.
The Trade War Is Still Inflating the Trade Deficit
Trump's trade war is failing to achieve its primary policy goals, but the really bad news is elsewhere.
Trump's Food Tariffs Hit U.S. Consumers Where it Hurts
New tariffs on E.U. goods mean we'll all pay more for tasty cheeses and delicious wines.
Trump's Anti-China Trade Advisor Invented a Fake Economist To Sell His Protectionist Views
Peter Navarro also said Americans wouldn't pay the costs of Trump's tariffs, a claim that seems to be equally fabricated.
Trump Is Still Losing His Own Trade War
The president’s tentative deal with China is not a winner.
On Tariffs, Trump Is a One Trick Pony
The president views tariffs as a solution to everything. They're a solution to nothing.
Trump Changes His Mind About Turkey and Hopes Steel Tariffs Will Stop the Slaughter
Plus: Snowden warns about encryption threats, Libertarians fight for ballot access, and more...
Trump Says He Has a Trade Deal With China. His Trade War Still Looks Like a Failure.
The deal appears to have accomplished none of the Trump administration's goals, from boosting domestic steel production to getting China to abide by international rules regarding intellectual property.
As the U.S. and China Reopen Trade Talks, Trump Ought To Change His Strategy
The economy is doing well enough—except for all the sectors hurt by the trade war.
More Layoffs, Falling Stock Prices Show How Trump's Tariffs Have Harmed American Steelmakers
A Michigan steel plant annnounced it's closing at the end of the year, while U.S. Steel stocks are down 75 percent since Trump's tariffs were announced.
Small Businesses Benefit From Deregulation But Remain Stymied by Trump's Trade Policy
Dump intrusive trade policies to give a real boost to consumers and entrepreneurs.
Abolish the President's Virtually Unconstrained Power to Impose Tariffs
As Trump's trade wars demonstrate, giving the president unilateral authority to impose tariffs is both dangerous and unconstitutional. Getting rid of it is likely to require a combination of litigation and political mobilization.
Trump Exempts Plastic Straws From His Sucky Tariffs
The much-maligned drinking utensil is saved from the ravages of Trump's trade war.
On Trade, Democrats Continue Struggling To Differentiate From Trump
Elizabeth Warren is probably the worst of the bunch when it comes to protectionism, but few alternatives are emerging.
Will 'Winning' the Trade War Be Worth the Loss of More Than 300,000 Jobs?
A new analysis from Moody's says 300,000 jobs have been lost already, with another 600,000 hanging in the balance. Meanwhile, Trump is trying to reopen channels with China.
Trump's Trade War Is a Loser for America
The president’s economic agenda is harming U.S. businesses and consumers.
Trump Says Tariffs Are Driving American Businesses Out of China. Actually, 87 Percent Plan To Stay.
Foreign investment in China has not declined since the start of the trade war, either. In fact, it continues to grow.
Latest Trade War Casualties: More Than 10,000 Layoffs in August
The trade war should be thought of as a massive tax and regulatory scheme.
Trump Is Terrible on Trade. Top 2020 Dems Are No Better.
Democrats are happy to criticize the president's trade war—but many are tacitly endorsing the same protectionist views.
Trade Wars Have No Winners
As the U.S.-China trade war escalates again, farmers and small businesses are getting hurt the most, but global manufacturing is taking a hit too.
Congress Must Roll Back Trump's Tariff Authority
Sen. Chuck Grassley and the Senate Finance Committee will debate two bills this fall aimed at restricting presidential authority to impose tariffs without congressional approval.
Donald Trump's Big Government Presidency
The Trump administration is pro-government intervention.
Elizabeth Warren's Pitch for 'Economic Patriotism' Is Full of Intellectual Dishonesty and Economic Fallacies
Warren needs to take a lesson from Leonard Read's "I, Pencil."
Trump Announces Higher Tariffs. At Least He Called Them 'Taxes.'
Existing tariffs on Chinese imports will jump to 30 percent from 25 percent, and the next round of tariffs will be 15 percent instead of 10 percent.
As Trade War Escalates, Trump Has Impotently 'Ordered' American Businesses Out of China
Trump's economic nationalism has always been an exercise in petty authoritarianism, and it's increasingly difficult to see it as anything else.
The Trade War Is Going So Well That Trump Might Bail Out Apple
"If I didn't help them, they would have a big problem," says Trump. But maybe he's already "helped" enough.
Did Apple CEO Tim Cook Get Trump To Realize Tariffs Are Harmful?
Plus: Marvel Comics cancels Art Spiegelman, prohibition still doesn't work, and more
Stossel: Trump's Deregulation
President Trump has cut a lot of regulations—but increased some others.
Peter Navarro Says the 'Data' Show Americans Aren't Paying Trump's Tariffs. In Fact, They Show the Opposite.
Tariffs are taxes on imports that translate into higher prices for American businesses and consumers.
Voters and Business Owners Know the Trade War Should Be Abandoned. Does Trump?
It's not just the cost of the tariffs that are hurting the economy. "The indirect costs are enormous," says one Wisconsin CEO.
Trump's Trade Policy Makes No Sense
When it comes to trade, the Trump administration is guided by incoherent economic thinking.
Donald Trump's Response to Hong Kong Protests Leaves Much To Be Desired
Plus: Farewell to the author whose work inspired Ross Ulbricht to create Silk Road, Trump's toy tax gets delayed until Christmas, and more....
With Latest Trade War Gambit, Trump Administration Admits Americans Are Paying Tariff Costs
The White House says it will delay some new tariffs on Chinese imports until after the Christmas shopping season. But why do that if Americans aren't paying?
Next Round of Tariffs Will Be $1 Billion Tax Increase on Smartphones, TVs, Tablets, and More
Thanks to the trade war, Americans are already importing fewer laptops, speakers, and other electronic items—and paying a higher price for the items they do buy. A bigger hit is coming.
Trump Administration Labels China a 'Currency Manipulator' After China Briefly Stops Manipulating Its Currency
Don't worry about China's currency manipulation. It only hurts China's own people, and benefits American consumers and businesses.
