MAGA Economics Is Losing
Trump promised that protectionism and immigration enforcement would be good for the economy. The latest jobs report tells a different story.
Trump promised that protectionism and immigration enforcement would be good for the economy. The latest jobs report tells a different story.
The Republican and the socialist agree: Free trade and H-1B visas are bad news.
The U.S. is risking its liberty and its prosperity with such high tariffs.
Manufacturing has been in decline for six months, nearly the exact amount of time since Trump's new trade wars began.
The administration attributed the $8 trillion figure both to new investment and to tariff revenue. So which is it? Neither.
Donald Trump's claim that the appeals court ruled against him for partisan or ideological reasons is hard to take seriously.
Seven judges agreed that the president's assertion of unlimited authority to tax imports is illegal and unconstitutional.
Labor Day is a great time to remember that we can make workers vastly better off by empowering more of them to vote with their feet, both within countries and through international migration.
In a 7-4 ruling, the en banc court upheld trial court ruling against all the challenged tariffs. The scope of the injunction against them remains to be determined.
Trump went "beyond the authority delegated to the President," the court ruled, but it vacated an injunction that could have provided immediate tariff relief to American businesses.
I got a pair of shoes delivered from Asia for a reasonable price. Trump just ended the exemption that makes that transaction possible.
Should they brag about raising taxes, like the White House is doing, or try to distance themselves from those same tax increases?
Tariffs are making it more expensive and inconvenient for Americans to explore their creative sides.
Is this another example of Trump's inability to understand why global trade is good for America, or does it suggest something even more serious?
Protectionism won't save the American furniture industry, but it will increase the cost of living.
The Trump administration recently expanded its list of tariffs to include grid transformers, parts of nuclear reactors, and parts for offshore oil drilling.
European postal services are cutting off delivery to the United States, leaving entrepreneurs and consumers scrambling.
Plus: What the new E.U. trade deal means for tariffs and prices, a listener question about Rahm Emanuel’s presidential appeal, and the FBI raids John Bolton’s home.
It's no coincidence why Europeans don't have air conditioning, clothes dryers, or ice.
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.
They are among the worst taxes imaginable—narrow, arbitrary, unstable, and regressive.
Plus: Elites in the media, revoking security clearances, car prices going up, and more...
It makes little sense, but that's what happens when you give the president unchecked, unilateral tariff powers.
Turning Intel into the chipmaking equivalent of Amtrak is unlikely to be good news for American taxpayers or the company itself.
In most cases, Trump's tariffs are significantly higher than the tariffs charged by other countries on American goods.
U.S. authorities are secretly tracking shipments of advanced AI chips from manufacturers such as Dell, Super Micro, Nvidia, and AMD to prevent their illegal diversion to China.
The article explains why the policy is unconstitutional, but also why it is unlikely to be challenged in court in the near future.
The president's revenue-sharing agreement on chip sales to China may pass legal muster, paving the way for effective export tariffs.
New producer price index data suggests domestic companies are not eating the cost of Trump's tariffs.
The words national emergency are not a magic spell that presidents can utter to unlock unlimited legislative powers for themselves.
If Sen. Josh Hawley and the Trump administration want to spare Americans the pain from tariffs, there is a far simpler solution.
The Trump administration will allow Nvidia and AMD to sell chips in the Chinese market—in exchange for 15 percent of their revenue.
Tariffs on auto parts, meant to "protect America’s automobile industry," make repairs more expensive and drive up the cost of insurance.
When the line between public and private is erased, politics is all about special favors. That's gross.
Trump’s Japan and E.U. deals offer vague promises and lack the depth and enforceability of the TPP he scrapped.
Plus: Guardian Angels corruption, an insane free-range kids story, and more...
The president is claiming "unbounded authority" to impose import taxes based on a law that does not mention them.
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.
Plus: The economic impact of tariffs, ethics concerns around Trump’s foreign business dealings, and a listener question on NCAA deregulation
President Trump’s invocation of emergency powers to impose tariffs faces skeptical judges.
Canada accounts for a tiny percentage of fentanyl smuggling, which cannot be stopped by trying harder.
If so, then why postpone any enforcement until October?
Plus: DOGE postmortem, Mamdani's checked out, C.S. Lewis' wisdom for our digital age, and more...
American chocolatiers need imports, and tariffs help no one.
To win in court, the Trump administration will have to argue against a pair of legal theories that conservatives have spent years developing as a way to check executive power.
And if Trump moves ahead with his threatened August 1 tariff hikes, prices will climb even more.
Plus: Wealthy parents appease their zoomer socialist children, public broadcasting gets saved (by private donors), and more...
In each case, tariffs remain much higher than they were before the deals.