Congress Does Nothing as Commerce Tariff Cronyism Gets Worse
Commerce Department now has 120 people working full-time deciding which businesses are exempt from tariffs.
Commerce Department now has 120 people working full-time deciding which businesses are exempt from tariffs.
"Is the best way to end global poverty free markets or government action?" The Nobel laureate and former World Bank economist square off in N.Y.
American farmers have already fallen victim to Trump's trade war with China. Could Alaskan fishermen be next?
Alcoa says it needs protection from protectionism. That should be a lesson for the administration.
The Peak Pegasus is both a casualty and a metaphor for Donald Trump's trade war.
A South Carolina TV manufacturing facility will close its doors, and Trump's threatened auto tariffs could do yet more damage to the state's economy.
Tariffs will generate $21 billion this year-just .01 percent of the national debt. And aren't these tariffs supposed to be about national security?
Trump's ideal of "economic independence" is the exact opposite of what economists recommend.
Another unseen cost in Trump's misguided trade war, which escalated again today.
It could cost $39 billion to cover the damage caused by Trump's trade war.
Yes, Trump is out of touch with regular life. All presidents are. This one's ignorance is a problem in other ways.
U.S. Steel and other manufacturers are lobbying to block waivers, creating chaos along supply chains.
The nation's GDP rose 4.1 percent in the second quarter, but those good numbers aren't likely to last.
The president's longstanding obsession with trade deficits reveals mercantilist instincts he cannot escape, no matter how much he talks about zero tariffs.
Americans are recoiling "against the churning of an open society, against the spontaneous order that is the alternative to statism." That ain't gonna end well.
Europe already imports soybeans for free, and the European market isn't big enough to make up for China anyway.
Trump's trade policies will slow growth, destroy jobs, and raise consumer prices.
It's too soon to call this a truce in the trade war. But we may have a temporary ceasefire.
Unsurprisingly, the bureaucratic, cronyist process for getting an exemption is not in fact protecting American steel jobs.
Socialists are economically clueless. But conservative embargo advocates are just as bad.
The protectionist impulses of America's northern neighbor are rising to the top.
He's the president we needed, but maybe not the one we deserved.
Tariffs are so great that we have to create new government programs to compensate the victims of tariffs.
The Reason Podcast crew covers deficits, tariffs, Russians, gender, and more.
He's so, so wrong about that. But at least he's admitting a trade war won't be good or easy to win.
All of them. $500 billion's worth.
Representatives of the auto industry are in Washington to deliver an obvious message to the oblivious Commerce Department.
The United States has accused the victims of its tariffs of engaging in unfair and punitive measures with their retaliatory tariffs.
Tariffs let the government pick winners and losers-but sometimes even the winners get hung out to dry.
Is Congress finally ready to get into the fight?
Trump freaks out Democrats with second SCOTUS pick; the Libertarian Party comes of age; how Steve Ditko created the modern action movie
In Poplar Bluff, Missouri, support for Trump's tariffs is about tribalism more than anything else. That's dangerous and scary.
Cherry growers get hit with steep tariffs right in the middle of their harvest season.
Minutes from the Fed's June meeting indicate that it will continue gradual interest rate hikes.
It makes sense if you think the government's job is to protect U.S. jobs
Automakers, motorcycle manufacturers, the stock market, and even the White House's own analyses are telling Trump to change course.
The unseen costs of the Trump administration's bellicose trade policy matter too.
The president's trade policy makes as much sense as Canadian Bacon, the farcical 1995 film about a trumped up war against Canada.
Global prosperity and government bureaucracy both play a role.
More government control over the U.S. economy will make the U.S. more like China.
"It's all working out great," Trump said in South Carolina. Few people seem to agree with that assessment.
The E.U. retaliated against Trump's steel and aluminum tariffs. Now, whiskey drinkers will pay the price.
One government intervention into the economy begets another, and American businesses are caught in the chaos. Good and easy to win? Not so much.
It can do that because it's a global brand, but other businesses aren't as lucky. And workers everywhere stand to lose.
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