New NAFTA Would Boost U.S. Economy, but Fewer Cars Would Be Built Here
And they'll cost more to buy
And they'll cost more to buy
But wasn't the whole point of the trade war to boost U.S. manufacturing?
Protectionist policies produce negative results.
Donald Trump's rhetoric is breathtakingly authoritarian, but so far he's done less than his predecessors to expand executive power.
The splintering of international economic interdependence is a worrying sign for peace through trade.
Oh, and the U.S. auto industry wouldn't even last that long.
Closing the border would be a "profit-making operation," says Trump. That's not how any of this works.
That should be enough to end this silly debate. But what the president says and what the president does are not always the same.
Trade Representative Robert Lighthizer and House Speaker Nancy Pelosi's revisionist history of the U.S.-China trade relationship misses the mark.
He's a free trader against dumping, a deficit hawk for Medicare expansion, and an anti-drug warrior who wants to imprison pharma execs.
"Bilateral tariffs result in lower GDP, employment, investment, and trade for the U.S.," a new report concludes.
Fretting over deficits and intellectual property will do no good and much harm.
That's just fine, unless you happen to be a president who promised to reduce it.
New study shows U.S. consumers pay every dollar of the tariffs, which have also damaged supply chains and the availability of goods.
Any deal will be better than the current mess, which is largely of Trump's own making.
Trump could destroy American jobs and America's relationship with Germany at the same time.
Steel manufacturers spent $12.2 million lobbying the federal government in 2018, an increase of nearly 20 percent over the previous year.
There are dueling bills in front of Congress, both backed by Republicans. One would expand Trump's tariff authority, while the other would check it.
A bipartisan, bicameral proposal would stop Trump from using the tired "national security" excuse to justify his protectionist trade policies.
Because of tariffs, Ford hourly employees will lose out on $750 they would have otherwise received.
Dow Jones skyrockets on news that Steve Mnuchin is leading behind-the-scenes effort to reduce tariffs on China.
And it's not a record low. That's fine, but it's not what the president said would happen.
What to expect at LibertyCon, the annual meeting of the largest libertarian student group on the planet (plus how to get 40 percent off registration).
Attempts to control how artificial intelligence develops and is used could backfire.
Catoctin Creek Distillery's tariff woes show that no one wins a trade war.
When Europe's beer-brewing, liquor-distilling monks combine Catholicism and capitalism, the results are delicious.
Regardless of the president's Twitter bravado, this year has provided a painful lesson in how tariffs grow government and hurt the economy.
Reason editors' best and worst moments of 2018, including the president's welcome and long-overdue drawdown from Afghanistan
The Trump administration's response to a lawsuit challenging steel tariffs is a deeply un-conservative argument for greater executive power.
Peter Suderman, Len Gilroy, and C. Boyden Gray diagnose the country's many fiscal woes, and offer some solutions, at Reason's 50th anniversary celebration.
Today, the U.S. Court for International Trade will hear a challenge to the "national security" rationale Trump used to impose those tariffs in June.
A new poll shows Americans (including Republicans) are rejecting Trump's nationalist view of global trade.
New study argues the tariffs have boosted employment, but doesn't examine the costs of President Donald Trump's protectionism.
If he wants to help American autoworkers, the president should make trade peace, not war.
They are also sapping economic growth, reducing wages, and lowering employment. Winning!
The president's protectionist agenda threatens U.S. businesses and consumers.
Tuesday's tweets demonstrate that Trump still doesn't understand that Americans, not foreigners, are paying his tariffs.
The U.S. rose four places in the International Tax Competitiveness Index, and this just the latest bit of good news.
Also: How much should we care that Trump & co. lied in 2016 about a Putin-proximate real estate deal in Russia?
Saturday's deal seems to be a strategic retreat by the Trump administration.
Trump's best chance to enact the United States-Mexico-Canada Agreement may have already passed.
Political finger-wags at the boardroom is a good sign that the lowly taxpayer is about to take it in the shorts.
More than 1,100 people living in America's 50 largest cities have received bailout funds intended for farmers harmed by Trump's trade war.
The Dow Jones has lost 500 points since President Donald Trump launched his trade war.
Dozens of business and trade groups say the ongoing steel and aluminum tariffs will "create impediments" to congressional passage of Trump's USMCA.
White House advisors are worried that "he could get impatient one day and force their hand like he did with the steel and aluminum tariffs."
Tariffs and anti-free trade policies are not rising up from the democratic process but being created by the political class.