Aluminum Tariff Tradeoff: 300 Jobs for $690 Million in New Taxes
New study argues the tariffs have boosted employment, but doesn't examine the costs of President Donald Trump's protectionism.
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.
Trump's trade policy is leading to bad politics and terrible outcomes.
The specter of mercantilism rises from the dead!
Trump seems to prefer escalation. More tariffs could be coming in early December.
Nucor's stock price is down 16 percent since August. Executives say the fourth quarter will be even worse.
Trump suggests the tariffs are a fiction invented by CEOs, using the president as a scapegoat. But maybe he has a point?
And it could get worse, as China is now considering cutting off all American soybean purchases.
But who, exactly, will be suffering?
Trump's latest trade war maneuver will raise prices, but it's more defensible than his tariffs.
The president's agenda hurts American consumers and businesses.
It's like trying to plunge lasagna out of your kitchen sink.
Tariffs on aluminum, silicone, and dyes are already causing pain for toymakers, and the prospect of additional tariffs is anything but fun and games.
Letting Trump conduct negotiations with foreign governments is like leaving teenagers unsupervised at home for a weekend.
A little reminder of the complexities of international trade deals.
Economist Mark J. Perry talks about rising incomes, flattening inequality, low unemployment, and why none of it seems to make us feel better.
Donald Trump is calling it a big win. That's overselling it.
Trump's new United States Mexico Canada Agreement mostly maintains the NAFTA status quo, but it sets new mandates for cars made in Mexico and Canada.
Trump says tariffs aren't hurting the economy, new steel plants are opening up, and some stuff about Canada. It's all wrong.
Soybean prices have fallen as much as 30 percent since planting season, and harvest is fast approaching.
The GOP's willingness to follow Trump down an anti-trade cul-de-sac risks alienating voters who could be crucial on the margins of close races.
Walmart warns the Trump administration it may be forced to raise prices in response to tariffs.
The unseen consequences of the trade war matter as much as the more visible.
Chinese entrepreneurs worry that the trade war will "put them in the Communist Party's crosshairs," and make further market reforms politically difficult.
If Trump presses ahead with plans to tax all Chinese imports, the added costs would cancel out the economic benefits of last year's corporate tax cut.
The only goal of tariffs is to change consumer behavior. If consumers won't notice the costs, the tariffs have already failed. Or maybe Ross is lying.
The president's economic agenda is harming American businesses and consumers.
The president believes "TRADE IS BAD!" These firms would beg to differ.
The Chinese tariffs have clobbered the lobster market, with prices falling to two-year lows.
Building iPhones entirely in the U.S. would double or triple their retail prices. There's no way Apple is going to do that.
By making it harder for smokers to switch to vaping, the Trump administration's tariffs would strike a blow against public health.
"Why do you have these views [on trade]?" Gary Cohn reportedly asked Trump. "I just do," Trump replied.
In Utah, Texas, and elsewhere, construction costs for new homes are up by about 60 percent this year.