Commerce Secretary Wilbur Ross Should Shut Up About Soup Cans, Already
If he believes this economically illiterate nonsense, he shouldn't be trusted to run the Department of Commerce. If he doesn't believe it, neither should you.
If he believes this economically illiterate nonsense, he shouldn't be trusted to run the Department of Commerce. If he doesn't believe it, neither should you.
A 25 percent tariff on steel and a 10 percent tariff on aluminum will take effect in 15 days, unless GOP lawmakers take unusual steps to stop them.
The benefits of a huge new tariff on steel will be highly concentrated in the steel industry, while the costs will be borne by other parts of the economy.
And the EU's response to the tariffs will whack workers who build motorcycles.
When it comes to trade, the president believes a lot of nonsense.
John Stossel says voluntary, free trade improves lives.
Reason editors dispute presidential notion that "trade wars are good, and easy to win," and also argue over the Oscars.
The proposed tariffs are an exercise in ego, not economics.
President's hasty new "trade war" will damage the American economy while continuing his process of removing tariff-reduction from two-party politics.
And they'll make lots of other things more expensive too.
Tariffs are an unnecessary step that will hurt American manufacturers and increase prices on a wide range of products, from cars to beer cans.
Special economic zones can be anything from tools of crony capitalism to seeds of a freer world order.
Meanwhile, tariffs pile up on products that lots of Americans actually buy.
When anyone says, "I'm for free trade, but it must be fair trade," they are really saying: "I am not for free trade."
The administration pushes harsh protectionist measures at the Montreal NAFTA talks.
The Jones Act drives up consumer prices by protecting U.S. companies from competition. Guess who insists it must be kept intact?
An old federal law demolishes the development of some domestic tourism markets.
Watch Don Boudreaux vs. Rick Manning at the Soho Forum.
The International Trade Commission recommends the president impose hefty tariffs on washing machines.
Donald Trump's protectionist tariffs against Chinese aluminum will double the price of a very widely used product: aluminum foil.
Free trade benefits all participants.
The pact is better without American influence-but now we won't enjoy the benefits.
New Soho Forum debate will be streamed on Facebook Live. Viewers can ask questions, vote on winner!
Without American participation, everyone could end up worse off-particularly Americans.
Protectionist measures hurt American workers and consumers.
The House bill fails to put an end to global income taxation and the Foreign Account Tax Compliance Act, though the Treasury Dept. may provide some regulatory relief on the latter
Reason's Nick Gillespie talks to libertarian economist Gene Epstein about Trump, free trade, and his monthly debates at the Soho Forum.
Cutting off foreign trade would hurt lots of small towns in the heartland.
Trump is crass and abrasive and toxic? So are the policies he adopted for a base that establishment conservatives cultivated.
Is it just more bluster from the White House? Let's hope so.
What Donald Trump and his posse of economic nationalists get wrong.
Trump, tariffs and the art of the deal
Don't ruin it with protectionist trade policies.
Significant regulations "are down an astonishing 58 percent compared to Obama," reports the Competitive Enterprise Institute.
Anti-dumping tariffs don't lead to more fairness, they just lead to more tariffs.
A bankrupt Chinese-owned taxpayer-subsidized company that's asking for protection against Chinese imports.
Congress needs to vote to stop protecting shipping cartel from market competition.
Administration says it will not reduce effects of the anti-free-trade Jones Act.
Crony law benefitting U.S. shipping companies will drive up costs, extend hurricane crisis.
Pulling out of the deal would hurt American workers in factories, farms, and tech centers. It would also drive up costs for consumers.
Protectionism is a losing proposition, especially after a disaster.
The ultimatum game, the double thank-you, and the politics of global commerce
Havana's stunning Gran Hotel Manzana is owned by the Cuban military, making it off-limits to Americans.
Starvation won't turn Cubans into capitalists. Trade and tourism might.
Free trade makes everyone better off.
American protectionism has repeatedly failed as an economic strategy.