Plus: Marvel Comics cancels Art Spiegelman, prohibition still doesn't work, and more
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.
It's not just the cost of the tariffs that are hurting the economy. "The indirect costs are enormous," says one Wisconsin CEO.
Plus: Farewell to the author whose work inspired Ross Ulbricht to create Silk Road, Trump's toy tax gets delayed until Christmas, and more....
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?
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.
Stocks plunge as China cuts off purchases of American agricultural goods, U.S. responds by labeling China a "currency manipulator" because the Chinese government is no longer artificially propping up the yuan.
This Steelmaker Looked Like a Winner in the Trade War. Now It's Suing the Commerce Department Over Tariffs.
Protectionism fails, even for those who were supposed to benefit.
The Trade Deficit Keeps Growing. And Here's 3 More Data Points Showing Trump Is Losing His Trade War
Investment in American businesses has fallen sharply since the start of the trade war, and American exports are way down too.
The tariffs haven't worked yet, but Trump is going to keep trying anyway.
Biden Says He Supports the Trans-Pacific Partnership, And Also Does Not Support the Trans-Pacific Partnership
Is he trying to find a middle ground as Dems divide on trade? Or is he just talking gibberish?
Unlike many other policies proposed by Democratic presidential hopefuls, trade policy is something a new president can unilaterally impose.
The Mexican factories Warren loves to attack are putting damn good guitars in the hands of America's young and cash-strapped musicians.
A majority of Americans say they favor free trade. But both major parties are moving in the other direction.
Warren says her administration "will engage in international trade—but on our terms and only when it benefits American families." The details show she'd be opposed to trade with most developing nations.
People are happier, healthier, and wealthier because freer markets have opened the floodgates of innovation, research, and development.
If big government is the price of "good outcomes," the American right is increasingly willing to pay it.
In short, it's using the power of the state to punish his enemies and make the world the way he wants it to be.
A new report shows that American imports from Asia continue to grow, although the tariffs might be responsible for shifting some manufacturing from China to Vietnam and elsewhere.
Trump's steel protectionism seems to have failed. Again.
Soybean exports to China have fallen by 74 percent in the past year.
Tariffs on tea have never caused any problems, right?
Trump's Trade War Is Already Unpopular. New Tariffs on Scotch Whisky, Italian Pasta, and French Cheese Won't Help.
Even a majority of Republicans now tell pollsters that the trade war is costing Americans, and there's no easy justification for targeting European cultural goods.
The conservative justice would have permitted a nakedly anti-competitive regulation.
"Working families should not have to pay the price for the president's reckless use of this tariff authority," says Rep. Stephanie Murphy, a Florida Democrat.
Why did a leading businessman go from calling Donald Trump "a national disgrace" to saying he's doing a good job?
Who could have seen that coming? Well, lots of people did—but the U.S. International Trade Commission and President Trump didn't listen.
The biggest American steelmaker says there has been reduced demand for their products in recent months, probably because they raised prices after Trump slapped tariffs on foreign steel.
New Balance Planned To Open a New Sneaker Factory in America. Trump's Tariffs Might Prevent That From Happening.
Trade is necessary, even for American companies making American products in American factories.
In a new report, the Treasury Department declares it will begin scrutinizing any nation that runs a bilateral trade imbalance of more than $40 billion with the United States
Biden Is Turning Trump's Trade War Into a Major Campaign Issue. More Democrats Should Follow His Lead.
A majority of Democratic voters now favor free trade. Some of the party's presidential candidates are starting to notice.
Each tariff the president imposes is a tax on Americans.
The president's bizarre and counterproductive obsession with tariffs could spell economic catastrophe.
When Tucker Carlson and Elizabeth Warren agree on trade, regulation, and social media, it's time to rethink a few things.
And it reveals the major blind spot in Trump's view of how international trade works.
The president still has time to avoid the economic damage, but who knows how much political damage he's already done?
So far, the answer is "maybe."