IMF Report: Trump Trade War Will Hurt Both U.S. and Global Economies
Predictions for U.S. and global economic growth are down since January.
Predictions for U.S. and global economic growth are down since January.
"Tariffs will have an influence on the total price," one of the project's construction partners said.
Scenes from a trade war.
The White House's trade policy is totally scrambled.
The motion was filed today, and sets out our case in detail.
It explains why the IEEPA "Liberation Day" tariffs are illegal and how our case against them relates to the other three cases challenging Trup's tariffs.
Goldman Sachs estimates that the tariffs will create about 100,000 manufacturing jobs while destroying 500,000 others. In Pennsylvania, it's already starting.
Only time will tell if America heeds their clarion call.
Even if Trump were a font of intelligence and wisdom (and he's not), no one person should be directing any country's economy.
The Danger Zone co-author joins the show to discuss China's peaking power, and why that actually makes them more dangerous.
The Liberty Justice Center and I filed the case on Monday.
I was interviewed by Caleb Brown of Cato.
They challenge both the "Liberation Day" IEEPA tariffs, and earlier ones imposed on Canada, Mexico and China.
Trump hopes you like tomato sauce!
Businesses are reporting fewer orders, lower inventories, less employment, and weaker expectations. The only thing going up: prices.
Former Obama administration economic adviser Jason Furman explains why both major parties have abandoned economic reality in favor of political fantasy.
Several businesses harmed by Trump's "Liberation Day" tariffs have filed a lawsuit challenging his use of emergency economic powers.
If lots of Americans wanted factory jobs, the domestic labor market would look very different.
The stock market may look irrational, but it's repricing risk faster than ever. Sometimes, that's a feature, not a bug.
It was filed today in the US Court of International Trade.
Predictions vary as to the ultimate cost, but there’s no doubt that tariffs create economic pain.
They argue the tariffs violate the constitutional separation of powers and their tribal treaty rights.
Daniel Hannan argues that protectionism never works, but that's a lesson that politicians and voters seemingly have to relearn repeatedly.
Plus: China-U.S. relations heat up, ICE says ideas shouldn't cross borders, sexytime with the computer, and more...
Even after Trump paused some of his new tariffs for 90 days, we still have the highest average tariffs in over a century and the biggest trade war since the Great Depression. Real relief will only come if Congress or the courts deny Trump the power to do this.
Protectionism in Egypt and Iraq fueled corruption, stagnation, and smuggling—not prosperity.
There were no deals. There were no wins. There was no plan.
Plus: Theories to explain Trump's behavior, the radium girls, university investigations, and more...
Bills introduced Tuesday in the House and Senate would terminate the emergency declaration Trump issued last week.
Plus: Trade with China is basically crippled, FEMA weans NYC, and more...
Musk is right. Navarro is a socialist with foolish economic views who should never have been put in charge of anything.
Plus: Formula 1, Backyard Baseball, and The Great 8 vs. The Great One.
Plus: Supreme Court in a holding pattern, NYC acts like money grows on trees, and more...
A $25 board game may soon hit the shelves with a $40 price tag because of tariffs.
Plus: A listener asks if it's time for journalists to stop steel-manning Trump's policies.
Members of the administration spent the weekend presenting contradictory defenses of Trump's economic policies.
The president is raising taxes, hiking prices, and creating supply chain chaos. Congress should act quickly to stop this.
Plus: A deportation fight, pussy hats in Maine, antagonizing Brown University, and more...
Did the 25th president really make America "very rich through tariffs"? William McKinley might have told you otherwise.
Because of the century-old Jones Act, U.S. citizens in Puerto Rico must use overpriced, outdated ships to import American LNG—while the Dominican Republic enjoys cheaper energy from the same source.
Although the president's pride in his negotiation skills could save us, it is hard to see what sort of deal would address his grievance about the consequences of economic freedom.
The lawsuit raises nondelegation and major questions doctrine arguments.
With him in charge, it never stood a chance.
The company previously dropped out of the Brazilian market for five years until the country relaxed its tariffs on video games.
The International Emergency Economic Powers Act does not authorize the president's imposition of tariffs, a lawsuit alleges.
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