Because of the century-old Jones Act, U.S. citizens in Puerto Rico must use overpriced, outdated ships to import American LNG—while the Dominican Republic enjoys cheaper energy from the same source.
Although the president's pride in his negotiation skills could save us, it is hard to see what sort of deal would address his grievance about the consequences of economic freedom.
The lawsuit raises nondelegation and major questions doctrine arguments.
With him in charge, it never stood a chance.
The company previously dropped out of the Brazilian market for five years until the country relaxed its tariffs on video games.
The International Emergency Economic Powers Act does not authorize the president's imposition of tariffs, a lawsuit alleges.
Attempting to defend Trump's tariffs, the White House points to studies that show they raise prices, cut manufacturing output, and lead to costly retaliation.
Governments should just get out of the way of free trade among consumers and businesses.
They weren't authorized by Congress and go against the major questions and nondelegation doctrines.
And he did it after Israel dropped all its tariffs on American goods.
The nonsensical list of territories subject to the White House's new "reciprocal" tariffs shows how amateurish the administration's new trade policy is.
What tariffs on Singapore, Brazil, and Vietnam can tell us about how Trump misunderstands the value of trade.
Lower-income families who spend the largest shares of their income on goods—and who have been badly hurt from the recent inflation—will likely suffer the most.
Trump's first trade war cost farmers $27 billion. Losses this time around could be higher.
Plus: JAQ x Batya Ungar-Sargon, Amazon's bid to purchase TikTok, and more...
If tariffs are so great, why has Trump shown a willingness to back down from his threats if other countries agree to certain conditions?
The bill faces an uncertain future, but it is a faint glimmer of hope for those hoping to limit executive power over trade.
Polls of consumers and surveys of business owners suggest the White House has a lot of convincing to do.
Taxes on imports cannot possibly deliver all the benefits the president is promising.
It's obvious that tariffs will harm American companies that import goods. But the losses don't end there.
If true, then these tariffs would be the biggest peacetime tax increase in American history.
Donald Trump is determined to make everything from Canadian whiskey to Mexican avocados more expensive. Can anyone stop him?
Georgetown law Prof. Jennifer Hillman explains why Trump's tariffs are vulnerable to challenge on this basis.
Two months after he was inaugurated, Trump has smashed many of the government's silly DEI rules. But he hasn't created a new age of meritocracy.
The president gleefully predicted that the cost to consumers could be as much as 10 times higher.
How Sanctions Work argues the consequences of economic warfare don't always serve American interests.
After contending with COVID-era inflation, the beauty industry and consumers face more supply disruptions and price hikes under Trump’s trade war.
Farmers will bear the brunt of Trump's trade war. That's a good reason to avoid tariffs in the first place, not an excuse for another bailout.
Azulejos remind us that globalization has been shaping art, politics, and culture for centuries.
As Trump’s trade wars with Canada and China escalate, tariffs could push console prices up, threaten U.S. jobs, and disrupt a $66 billion industry.
Trump’s tariffs will kill the global trade that makes the holiday’s cultural celebration possible.
Canada’s retaliation against Trump’s tariffs is wiping American alcohol off store shelves—and fueling an unexpected push to deregulate its own restrictive liquor laws.
There is no "royal we" in the marketplace.
Tariffs on steel and aluminum imports inflate the cost of electric vehicles.
We rely on Canadian energy and lumber, and Canadians rely on our products. It's the proverbial win-win.
It would make American consumers poorer and hurt American businesses without any promise of benefits.
The cowardice of Congress will continue fueling the growth of executive power.
A quick lesson about concentrated benefits and diffused costs
Plus: A listener asks the editors to discuss the pros and cons of homeownership.
What did we learn from yet another escalation in the North American trade war? Not to do it again.
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The tariffs Trump has already imposed on Canada, Mexico, and China will cost an estimated $142 billion this year—and he says more are on the way.
If tariffs are a poor method of collecting revenue or strengthening trade, they're even less effective at stopping the flow of illegal drugs.
The Trump administration’s trade war leaves everyone worse off.
The GOP faces a choice about how to move forward.
And an increasingly unpopular one. Will Trump pay attention to the polls, if not the economists?
The law is wasteful and protectionist. Now, a new lawsuit argues that it is unconstitutional too.
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