Study Finds Tariffs Cost Consumers More Than the Government Takes In
The new report examined prices of French wine after Trump imposed tariffs in 2019.
The new report examined prices of French wine after Trump imposed tariffs in 2019.
The president somehow believes that tariffs can deliver wins for both producers and consumers. It is maddening and nonsensical.
Former Sen. Jeff Flake discusses how Trump reshaped the GOP, why populism betrayed conservative values, and why he believes the system can still be reformed.
The Trump administration is reportedly looking to ease some tariffs on goods not produced in the U.S., as the consequences of a universal tariff scheme are becoming impossible to ignore.
The evidence is clear that we are paying more, U.S. firms have lower margins, and exports are collapsing in flagship industries.
“We have to do something about labor, and that needs to be a smarter plan than just rounding up every single person and deporting them,” the Georgia congresswoman said.
It turns out that free trade is essential for the military too.
The Trump administration has already claimed the power to raise taxes without congressional approval. Now it is going to spend money that way too.
The president’s movie tariff proposal faces several legal and logistical challenges to implementation.
Trump’s trade war is hitting wineries, distillers, and distributors with product shortages and soaring costs—leaving customers to pick up the tab.
The bailout would simply redistribute wealth from American businesses and consumers to farmers. Here's a better idea: end the tariffs.
There’s an opportunity to abandon bad policies that raise consumer costs and move toward free trade.
The OECD just published its projections for American growth, and they're grim.
Inflation hit its highest level since January, with prices rising 0.4 percent in August.
The cases will be considered on an accelerated schedule.
The same legal theory that tripped up Joe Biden's student loan scheme could also sink Donald Trump's tariffs.
We agree the Court should take the case and resolve it as quickly as possible, to minimize the harm caused by the illegal tariffs.
Trump promised that protectionism and immigration enforcement would be good for the economy. The latest jobs report tells a different story.
The Republican and the socialist agree: Free trade and H-1B visas are bad news.
The U.S. is risking its liberty and its prosperity with such high tariffs.
Manufacturing has been in decline for six months, nearly the exact amount of time since Trump's new trade wars began.
The administration attributed the $8 trillion figure both to new investment and to tariff revenue. So which is it? Neither.
Donald Trump's claim that the appeals court ruled against him for partisan or ideological reasons is hard to take seriously.
Seven judges agreed that the president's assertion of unlimited authority to tax imports is illegal and unconstitutional.
Labor Day is a great time to remember that we can make workers vastly better off by empowering more of them to vote with their feet, both within countries and through international migration.
In a 7-4 ruling, the en banc court upheld trial court ruling against all the challenged tariffs. The scope of the injunction against them remains to be determined.
Trump went "beyond the authority delegated to the President," the court ruled, but it vacated an injunction that could have provided immediate tariff relief to American businesses.
I got a pair of shoes delivered from Asia for a reasonable price. Trump just ended the exemption that makes that transaction possible.
Should they brag about raising taxes, like the White House is doing, or try to distance themselves from those same tax increases?
Tariffs are making it more expensive and inconvenient for Americans to explore their creative sides.
Is this another example of Trump's inability to understand why global trade is good for America, or does it suggest something even more serious?
Protectionism won't save the American furniture industry, but it will increase the cost of living.
The Trump administration recently expanded its list of tariffs to include grid transformers, parts of nuclear reactors, and parts for offshore oil drilling.
European postal services are cutting off delivery to the United States, leaving entrepreneurs and consumers scrambling.
Plus: What the new E.U. trade deal means for tariffs and prices, a listener question about Rahm Emanuel’s presidential appeal, and the FBI raids John Bolton’s home.
It's no coincidence why Europeans don't have air conditioning, clothes dryers, or ice.
The deal locks in the 15 percent tariffs that Trump has imposed on most European goods imported into the U.S., including beers and other booze that isn't made here.
They are among the worst taxes imaginable—narrow, arbitrary, unstable, and regressive.
Plus: Elites in the media, revoking security clearances, car prices going up, and more...
It makes little sense, but that's what happens when you give the president unchecked, unilateral tariff powers.
Turning Intel into the chipmaking equivalent of Amtrak is unlikely to be good news for American taxpayers or the company itself.
In most cases, Trump's tariffs are significantly higher than the tariffs charged by other countries on American goods.
U.S. authorities are secretly tracking shipments of advanced AI chips from manufacturers such as Dell, Super Micro, Nvidia, and AMD to prevent their illegal diversion to China.
The article explains why the policy is unconstitutional, but also why it is unlikely to be challenged in court in the near future.
The president's revenue-sharing agreement on chip sales to China may pass legal muster, paving the way for effective export tariffs.
New producer price index data suggests domestic companies are not eating the cost of Trump's tariffs.
The words national emergency are not a magic spell that presidents can utter to unlock unlimited legislative powers for themselves.
If Sen. Josh Hawley and the Trump administration want to spare Americans the pain from tariffs, there is a far simpler solution.
Help Reason push back with more of the fact-based reporting we do best. Your support means more reporters, more investigations, and more coverage.
Make a donation today! No thanksEvery dollar I give helps to fund more journalists, more videos, and more amazing stories that celebrate liberty.
Yes! I want to put my money where your mouth is! Not interestedSo much of the media tries telling you what to think. Support journalism that helps you to think for yourself.
I’ll donate to Reason right now! No thanksPush back against misleading media lies and bad ideas. Support Reason’s journalism today.
My donation today will help Reason push back! Not todayBack journalism committed to transparency, independence, and intellectual honesty.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges central planning, big government overreach, and creeping socialism.
Yes, I’ll support Reason today! No thanksSupport journalism that exposes bad economics, failed policies, and threats to open markets.
Yes, I’ll donate to Reason today! No thanksBack independent media that examines the real-world consequences of socialist policies.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges government overreach with rational analysis and clear reasoning.
Yes, I’ll donate to Reason today! No thanksSupport journalism that challenges centralized power and defends individual liberty.
Yes, I’ll donate to Reason today! No thanksYour support helps expose the real-world costs of socialist policy proposals—and highlight better alternatives.
Yes, I’ll donate to Reason today! No thanksDonate today to fuel reporting that exposes the real costs of heavy-handed government.
Yes, I’ll donate to Reason today! No thanks