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.
Trade is necessary, even for American companies making American products in American factories.
A discussion about the state of the party, as presidential debate season kicks off
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
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."
Even if Trump's tariffs go away, the debilitating economic effects are likely to linger for years.
If the tariffs ramp-up all the way to 25 percent, as Trump has threatened, they would be the biggest tax increase since 1968.
Pondering the right-commentariat's populist-nationalist vs. classical liberal split, on the latest Reason Podcast
Politically. Economically. Diplomatically. Legally. Trump's tariff threat against Mexico is a stunningly stupid maneuver no matter how you look at it.
Plus: unlicensed diet tips in court, California takes aim at independent contractors, and more...
Navarro's Wall Street Journal op-ed looks more like a deliberately deceptive attempt to argue that limiting imports will boost economic growth. It won't.
China's 2010 export restrictions on rare earth compounds failed then, and they would fail now
Tariffs, tweets, and totalitarianism today in the Reason podcast
This might seem like nothing more than a snooze-worthy debate over semantics or economic theory or government P.R. strategies. But it matters a lot.
"Tariffs are taxes on Americans—and we talk as if that's not the case; we forget that Americans are paying them," says Pete Buttigieg. That shouldn't be noteworthy, but unfortunately it is.
Plus: Game of Thrones ends, Trump's trade war with China regrettably does not.
As messy as things are, they could get uglier still.
Congress was unlikely to approve Trump's NAFTA rewrite while those tariffs were in place.
Trump isn't putting any tariffs on imported cars right now, but the White House has released a report that effectively allows the president to do that any time he chooses.
Trade has made Americans better off, and Democrats should use every opportunity to make that argument in the face of Trump's trade war.
Trump's strategy was never going to be a winning one.
The president’s double-talk about tariffs reflects his economically ignorant conviction that exports are good and imports are bad.
While Trump prepares another round of aid payments for farmers, Marco Rubio is pushing for tariffs on Mexican fruits and vegetables that will send prices soaring.
The most likely end result of Trump's literal Buy American policy: lots of American farm goods rotting in federal warehouses
Marx “was a champion of free trade, and no friend of tariff barriers.”
If the United States had pursued a different strategy from the outset of the Trump administration, it might now be in a position to counter China's hardball tactics.
America first? It really depends on what part of America you live in.
Is Trump using tariffs as a negotiating tactic? That's the most generous reading of his trade policy, but it's unsupported by the facts.
Private property rights, public squares, "dangerous" speech, and pre-regulatory suck-ups, all debated on the Reason Podcast.
Is the president the only person left in America who doesn't understand that Americans are paying for his tariffs?
The federal law protecting the shipping industry from competition strikes again.
Once a protectionist, always a protectionist.
A key senator issues the sort of binary, transactional choice that Trump seems to prefer. Will the POTUS listen?
After overpromising the benefits and underestimating the costs, reality is starting to puncture the White House's messaging on trade.
A new report finds the tariffs raised $82 million for the U.S. Treasury but ended up increasing costs for consumers by about $1.2 billion.
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.
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