The Next Coronavirus Stimulus Package Should Also Repeal Tariffs
Abolishing tariffs would have short- and long-term benefits for the economy.
Abolishing tariffs would have short- and long-term benefits for the economy.
The trendy view of U.S.–China economic engagement lends itself to policy “fixes” that could make things worse, not better, for both the United States and the world.
The deal will affect more than $1 trillion in annual trade between the U.S. and its two neighbors.
Just days before the new North American trade deal is set to take effect, the Trump administration reminds everyone that it prefers protectionism to free trade.
In a new book, former White House national security advisor John Bolton says Trump's trade deal negotiations with Chinese President Xi Jinping "commingled the personal and the national."
That's probably because those goals were always completely unrealistic. Less than six months after the deal was signed, it's already coming apart.
The Food and Drug Administration now says there is no evidence that any country attempted to cut off America's essential pharmaceuticals.
A new study finds that trade policies around the world effectively subsidize high-carbon industries.
President Donald Trump announced a significant escalation of his administration's conflict with the Chinese government—a conflict that is increasingly looking less like a trade war and more like a cold war.
Sen. Chuck Grassley says it's dead because lawmakers feared upsetting the president.
A member of the five-month-old company's board has been touting bogus stats about America's supposed dependency on Chinese-made drugs.
In a Senate floor speech Wednesday, Hawley outlined a half-baked plan to tear down global trade. It's aimed at winning elections, not helping America prosper.
Two economists calculate that U.S. farms lost $14 billion because of retaliatory tariffs, while South American countries boosted their exports by $13 billion to fill the gap.
Hawley is charting the next path for the Trump-style anti-trade nationalism that has infected the Republican Party.
"The tariff is making it more difficult for companies to supply our nation's essential workers with antiseptics and sanitizing products they need."
The department has granted just 1 percent of the tariff exemption requests that were challenged by domestic steel producers.
The White House announced a temporary suspension of tariff payments as a way to stimulate the American economy, but the relief will not apply to tariffs on steel, aluminum, or imports from China.
Ill workers in processing facilities, the forced death of restaurants, and national and international storage and shipping disruptions all threaten our food supply.
General Motors is being charged import taxes on parts it needs to build ventilators. Its requests for relief have gone unanswered.
Export restrictions only make sense if you're unable to understand the obvious consequences of that policy.
A pandemic becomes an excuse for treating people as playing pieces in a game.
A misleading statistic has made the rounds. But it’s based on a misreading of a government report that says no such thing.
Health care workers will now be allowed to use the Chinese-certified KN95 masks, which are equivalent to the N95 masks that are in short supply.
Trump's anti-China trade advisor, Peter Navarro, is now playing a major role in the White House's coronavirus response. What could go wrong?
It's almost like Americans are paying for them, and like Trump doesn't actually believe in free trade.
Robert Lighthizer, head of the Office of the U.S. Trade Representative, says tariffs aren't hurting America's response to the virus. He's also lifting those tariffs to help with the response.
Some of Trump's tariffs hit medical equipment and supplies from China. We need more trade, not less, to be prepared for pandemics.
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Instead of $12.5 billion in new agriculture purchases exports to China this year, the USDA expects less than $4 billion.
When it comes to the trade deficit, policy wonks were right and the president was wrong.
Plus: Virginia's assault weapon ban gets shot down, Trump's tariffs face new legal scrutiny, and why you don't want Amy Klobuchar on your bar trivia team
Stephen Moore and Gene Epstein debate whether or not President Trump's Chinese trade policy deserves broad public support.
American manufacturing has been in a recession for the past year.
Republicans might rue that mistake when Elizabeth Warren or Bernie Sanders inherits Trump's beefed-up trade authority.
Trump's trade war has harmed the very industries and workers he aimed to help.
Plus: More from an impromptu Trump talk at Davos, how Kamala Harris handled California cop corruption, and more...
Unless the tariffs are lifted, the "Phase One" trade deal might not accomplish much beyond empowering China's communist regime to tighten its grip on free markets.
The Trump administration's "phase one" deal with China will keep many tariffs in place, but Democrats don't seem to have the guts to stand up for freer trade.
A 100 percent tariff on European wines could all but wipe out the industry.
Robert Wetherbee says steel tariffs might force his business to shutter. But instead of asking for the tariffs to be lifted, he wants special treatment.
"These U.S. tariffs have been completely passed on to U.S. firms and consumers," report economists from Princeton, Columbia, and the Federal Reserve.
Congress and President Trump should use 2020 to craft more sane policies on trade, immigration, and the budget.
As California moves to ban the sale of alligator products, alligator farmers and fashionistas are joining forces.
That should be fairly obvious to anyone who has been following the news, but a new report from the Federal Reserve provides the empirical evidence.
The moderators didn't see ask Elizabeth Warren about her position on the USMCA, which does a serious disservice to prospective voters.
Will Republicans back a North American trade deal that prioritizes the interests of Democrats, labor unions, and protectionists?
This deal offers minimal relief for Americans, and it doesn't seem to address the thorniest issues between the two countries.
The Brexit architect explains what the media got wrong about Brexit, the rise of "Bannonism and Bernie-ism," and what went wrong in Venezuela.
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