Trump's New Trade 'Deal' With the E.U. Leaves Out Beer, Wine, Booze
The deal locks in the 15 percent tariffs that Trump has imposed on most European goods imported into the U.S., including beers and other booze that isn't made here.
Free Markets
Trump Promised 'Reciprocal' Tariffs. The Numbers Tell a Different Story.
In most cases, Trump's tariffs are significantly higher than the tariffs charged by other countries on American goods.
The Anti-Porn Crusade Comes for Online Games
Activists pressure payment processors, who in turn pressure game marketplaces. The result? A whole lot of video games and visual novels are disappearing.
Ford Paid $800 Million in Tariff Costs Over 3 Months, Despite Building Most of Its Cars in America
That should put an end to the Trump administration's silly talking point about how there is no tariff for products built in the U.S.
Are Trump's Tariffs Responding to an Actual Emergency?
If so, then why postpone any enforcement until October?
The Leftists Who Celebrate Murder
Plus: Kamala Harris makes the right choice for once, the burning of the birth control, and more...
Yes, Tariffs Are Raising Prices
And if Trump moves ahead with his threatened August 1 tariff hikes, prices will climb even more.
How Sports Tickets Got So Expensive—Or Did They?
Plus: regulating college sports, forgiving baseball’s legends, and Happy Gilmore 2
Pennsylvania's Liquor Monopoly Is Imposing a New Fee That Will Cost $15 Million Per Year
The new warehousing fee targets booze producers, but drinkers could end up paying most of the tab.
Trump's Tariffs and Japan Deal Could Encourage Toyota To Move Manufacturing Jobs Out of America
Trump believes he can deploy tariffs without tradeoffs or distortions. In reality, each new tariff move creates both.
The New Right's War on Capitalism
A growing number of conservatives agree with the left that free markets are to blame for society's ills.
Trump's 'Deal' With Japan Is Another Loser for Americans
Not only does it raise taxes on American consumers, but it leaves American automakers at a distinct disadvantage relative to their Japanese competitors.
Streaming Music Isn't a Free Market. It's a Regulated Monopoly.
Rock legend David Lowery draws on his decades in the music industry to explain how government-imposed licensing fees and price controls helped streaming platforms flourish while eroding artist rights and income.
Americans No Longer Trust Trump To Handle Inflation
The president has spent six months promising to make everything more expensive, and polls show that Americans have noticed.
OpenAI and Perplexity's New Browsers Make the Monopoly Claims About Google Look Foolish
The market has demonstrated it’s perfectly capable of fostering innovation and competition without government intervention.
Missouri Harasses AI Companies Over Chatbots Dissing Glorious Leader Trump
AI chatbots failed to "rank the last five presidents from best to worst, specifically regarding antisemitism," in a way that Missouri Attorney General Andrew Bailey likes.
Trump's 50 Percent Copper Tariff Will Drive Up Prices for Tech, Homes, Military Equipment, and More
It might be the Trump administration's most foolish trade policy idea yet.
'The Only Winner Is the Government,' Says American Bow Tie CEO Facing Higher Tariff Costs
Scenes from a trade war.
Trump Undermines His Own South Korea Trade Deal With New 25 Percent Tariffs
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.
Trump's New Trade Deal Has a Clear Winner: Vietnam
Americans will continue to pay higher tariffs, while Vietnamese businesses won't pay anything. Whatever happened to reciprocity?
Medicaid Work Requirements Are a Short-Term Fix to a Long-Term Problem
A more effective reform is to let the market curb waste and reward innovation.
90 Deals in 90 Days? Trump's Trade War Is Failing on Its Own Terms
The trade deficit is getting bigger, the deals aren't coming, and foreign investment has declined.
What Ronald Reagan's Fusionist Politics Teach Us About Liberty, Virtue, and Their Limits
Fusionism holds that virtue and liberty are mutually reinforcing, and that neither is possible in any lasting or meaningful way without the other.
These 4 Industries Successfully Lobbied Trump for Tariff Exemptions
Trump's trade war has created a carve-out bonanza for industries with political connections and big lobbying budgets.
J.D. Vance Wants a Free Market for Crypto. What About Everything Else?
Vance says "you've gotta let these people make decisions on their own." He should try that approach more generally.
Welcoming Anti-Trump Liberals to the Free Trade Club
The real case for free trade is not "my enemies hate it" or "it's cheaper for me, personally" but "it makes the world richer, freer, and more peaceful."
Are We Headed for Another Disaster With Fannie and Freddie?
If the Trump administration fails to implement real reform, Main Street taxpayers could once again be conscripted into subsidizing lucrative Wall Street deals.
Nippon Steel Will Finally Get To Buy U.S. Steel. The Deal Likely Ensures More Federal Meddling in the Future.
The federal government will reportedly get a "golden share" in U.S. Steel, potentially allowing it to overrule shareholders on some decisions.
The Trade War Is Eroding America's Soft Power
The debate over free trade should include more than the costs of Trump's tariffs versus the value of cheaper stuff.
Trump Declares That iPhones Should Be More Expensive
Whether due to tariffs or because they are made in America, the result would be much higher prices.
Farmers Need Free Markets, Not Tariffs and Welfare
The more important the product—and food certainly ranks high on any list—the better it is to allow markets to work.
A Judge Blocked Apple From Collecting These Commissions
"It's hard to see how completely ripping [the system] apart will be helpful to consumers," warns one economist.
Subaru Is the Latest Carmaker To Hike Prices in Response to Tariffs
Subaru says it has "adjusted its pricing in response to current market conditions," but we all know what that means.
Trade War Means Higher Prices, Fewer Customers for This Vermont Distillery: 'It's Just Chaos'
Scenes from a trade war.
Trump's Tax Plan Is a Leftist Economic Agenda Wrapped in Populist Talking Points
The administration shows no coherent commitment to free market principles and is in fact actively undermining them.
Trump's 'Deal' With China Leaves American Consumers and Exporters Facing Higher Tariffs Than Before
The White House calls it "the art of the deal," but a 30 percent tariff on imports from China is economically damaging and constitutionally dubious.
The U.K. Trade Deal Screws American Consumers
Residents of the United Kingdom will get lower tariffs, while Americans are stuck paying higher ones.
Billionaire Cliff Asness: Can Technology Outrun 'Stupider and Stupider' Government?
Co-founder of AQR Capital Management, Cliff Asness, discusses the decline of market efficiency, the dangers of populist economics, and his libertarian outlook on capitalism.
The Trouble With Donald Trump's 'Department Store' Analogy
America is not a department store. And no successful department store would be following Trump's antitrade strategy.
When Tariff Shortages Arrive, Here's What Might Be Missing
Sex toys, blenders, baby strollers, microwaves, hair dryers, and other affordable goods that Americans take for granted could soon be in short supply.
5 Times the Trump Team Told Americans To Accept Being Poorer
Trump's comment about how "dolls" will "cost a couple of bucks more" is the latest in a long trend of nationalist conservatives disparaging affordable stuff.
Trump's 'America First Antitrust' Policy Will Put America Last
The Justice Department is pursuing an antitrust policy inspired by Oren Cass and members of the New Right.
Senate Republicans Voted Overwhelmingly To Continue Trump's Trade War
Sen. Rand Paul's attempt to end the non-existent economic emergency failed to pass the Senate on Wednesday night.
Trump Admits Tariffs Could Create Shortages, Hike Prices
"Maybe the children will have two dolls instead of 30 dolls," Trump said Wednesday. "And maybe the two dolls will cost a couple bucks more than they would normally.”
Trump's Independent Voter Problem
Plus: A listener asks about possible book club books that are "subtly libertarian."
How Tariffs Could Cause Shortages in American Stores
A sharp decline in ocean freight from China during April is a sign of the supply chain issues that will begin hitting in May.
