Trump's Tariffs May Soon Make Car Insurance More Expensive
Tariffs on auto parts, meant to "protect America’s automobile industry," make repairs more expensive and drive up the cost of insurance.
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.
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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.
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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?
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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.
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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.
I participated along with Andrew Morris of the New Civil Liberties Alliance.
A growing number of conservatives agree with the left that free markets are to blame for society's ills.
Not only does it raise taxes on American consumers, but it leaves American automakers at a distinct disadvantage relative to their Japanese competitors.
What is the relationship between Trump's tariffs and the rest of the economy?
The president has spent six months promising to make everything more expensive, and polls show that Americans have noticed.
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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Increasing the cost of inputs and imported energy would make American exports less competitive.
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.
Americans will continue to pay higher tariffs, while Vietnamese businesses won't pay anything. Whatever happened to reciprocity?
The trade deficit is getting bigger, the deals aren't coming, and foreign investment has declined.
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.
"I would love an intellectual ecosystem in economics that was more ideologically balanced than what we have now," the Harvard professor tells Reason.
The symposium has now concluded.
The Trump Organization says the phone is domestically manufactured, but its hardware—and a statement from Eric Trump—suggest otherwise.
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.
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.
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.
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