Trump and Warren Love Protectionism, But It Hurts Workers While Boosting CEO Pay
A new study shows that tariffs and other anti-trade policies actually benefit executives far more than the average worker.
A new study shows that tariffs and other anti-trade policies actually benefit executives far more than the average worker.
New research shows that GOP candidates lost ground in counties that were adversely affected by the trade war. In places without those effects, there were "no discernable gains" for Republicans.
The tariffs were supposed to create the conditions for such a deal, but Trump is refusing to drop them as part of an agreement.
Trump's trade war is failing to achieve its primary policy goals, but the really bad news is elsewhere.
New tariffs on E.U. goods mean we'll all pay more for tasty cheeses and delicious wines.
For once, the Trump administration is on the right side of a debate with Congress over trade.
Peter Navarro also said Americans wouldn't pay the costs of Trump's tariffs, a claim that seems to be equally fabricated.
The president’s tentative deal with China is not a winner.
The president views tariffs as a solution to everything. They're a solution to nothing.
The deal appears to have accomplished none of the Trump administration's goals, from boosting domestic steel production to getting China to abide by international rules regarding intellectual property.
The economy is doing well enough—except for all the sectors hurt by the trade war.
Is there a limit to how far he'll go to take down opponents and critics?
Signing a trade with Japan is a small step in the right direction, but it only cancels out a portion of the damage that Donald Trump has done.
A Michigan steel plant annnounced it's closing at the end of the year, while U.S. Steel stocks are down 75 percent since Trump's tariffs were announced.
Dump intrusive trade policies to give a real boost to consumers and entrepreneurs.
As Trump's trade wars demonstrate, giving the president unilateral authority to impose tariffs is both dangerous and unconstitutional. Getting rid of it is likely to require a combination of litigation and political mobilization.
The United States-Mexico-Canada Agreement includes a handful of protectionist measures that would likely slow the U.S. economy and harm American automakers.
Elizabeth Warren is probably the worst of the bunch when it comes to protectionism, but few alternatives are emerging.
In the latest primary showdown, Democrats talked health care and trade but left debt and deficits behind.
A new analysis from Moody's says 300,000 jobs have been lost already, with another 600,000 hanging in the balance. Meanwhile, Trump is trying to reopen channels with China.
The president’s economic agenda is harming U.S. businesses and consumers.
A lobbying effort aimed at unleashing more cronyism launches while a new report demonstrates why the bank should be permanently shuttered.
Foreign investment in China has not declined since the start of the trade war, either. In fact, it continues to grow.
The trade war should be thought of as a massive tax and regulatory scheme.
Democrats are happy to criticize the president's trade war—but many are tacitly endorsing the same protectionist views.
The leading candidates are even more hostile to free trade than Trump.
As the U.S.-China trade war escalates again, farmers and small businesses are getting hurt the most, but global manufacturing is taking a hit too.
Sen. Chuck Grassley and the Senate Finance Committee will debate two bills this fall aimed at restricting presidential authority to impose tariffs without congressional approval.
Maybe Trump and Warren should team up for their 2020 run to make room on the ballot for better ideas.
The ex-congressman and talk show host thinks he can save the Republican Party.
Even if Trump doesn’t follow through on his bad ideas, the uncertainty is still a drag.
Warren needs to take a lesson from Leonard Read's "I, Pencil."
Plus: Trump forcing U.S. companies out of China?, Joe Arpaio is running again, sex discrimination goes to the Supreme Court, and more...
Existing tariffs on Chinese imports will jump to 30 percent from 25 percent, and the next round of tariffs will be 15 percent instead of 10 percent.
Trump's economic nationalism has always been an exercise in petty authoritarianism, and it's increasingly difficult to see it as anything else.
"If I didn't help them, they would have a big problem," says Trump. But maybe he's already "helped" enough.
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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.
They can and they should, but it won’t be easy.
When it comes to trade, the Trump administration is guided by incoherent economic thinking.
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.
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.
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