Trump's and Biden's Terrible Tariffs
Plus: A listener asks if Trump or Biden have done anything to secure the blessings of liberty.
Plus: A listener asks if Trump or Biden have done anything to secure the blessings of liberty.
A 10 percent tariff on all imports would trigger more inflation at the grocery store, particularly for products such as fresh fruit and coffee.
Chinese camera drones are the most popular worldwide. American drone manufacturers argue that's a national security threat.
Economic nationalists are claiming the deal endangers "national security" to convince Americans that a good deal for investors, employees, and the U.S. economy will somehow make America less secure. That's nonsense.
Support for industrial policy and protectionism are supposed to help the working class. Instead, these ideas elevate the already privileged.
Both companies consented to the deal. Why should they have to get permission from the president to do business?
The debate is over. Trump's steel tariffs failed.
Commerce Secretary Gina Raimondo says more chip subsidies are needed, even before the Biden administration has distributed $52 billion or measured how effective that spending was.
The U.S. International Trade Commission voted unanimously to reject a nakedly protectionist proposal that would have made canned goods more expensive.
Plus: A listener asks if it should become the norm for all news outlets to require journalists to disclose their voting records.
Regulations, tariffs, and other government-imposed hurdles reward American car companies for building bigger, more expensive trucks and keep out any potential competitors.
The new libertarian president believes in free markets and the rule of law. When people have those things, prosperity happens.
Should there be any limits to a president's power to centrally plan the economy? Apparently not.
That's bad news for Americans.
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
Tariffs of 25 percent introduced under Donald Trump have been allowed to remain in place, and Biden may tack on even more to shield American firms from competition.
There's no good reason for the government to block Americans' access to cheaper tin cans.
Anyone advocating neoliberal policies is now persona non grata in Washington, D.C.
Coauthored with Cato Institute scholar Alex Nowrasteh.
Another round of federal intervention to prevent its sale makes no sense.
Argentina is opening domestic air travel to foreign airlines for the first time. The same trick has worked wonders for Europe.
The rules would allow the government to temporarily ease restrictions on WIC formula purchases during a shortage. But those restrictions shouldn't exist in the first place.
At nearly every turn, the infrastructure package opted for policies that limited supplies, hiked prices, added paperwork, and grew government.
Plus: The fertility crisis, the origins of Israel, El Segundo's tech scene, and more...
Plus: Houthi attack, Milei misinformation, Instagram rooster eugenics, and more...
More than five years after it began, former President Donald Trump's trade war is still spiraling out of control.
Nikki Haley says "Trump was good on trade." What?
Some, like Rep. Patrick McHenry (R–N.C.), advocate a more measured approach.
We're often told European countries are better off thanks to big-government policies. So why is the U.S. beating France in many important ways?
Q&A with the author of the book Elon Musk calls "an excellent explanation of why capitalism is not just successful, but morally right."
A new report from the GAO highlights how America's system of sugar subsidies and tariffs costs consumers about $3.5 billion every year.
Removing high tariffs from foreign imports of baby formula would ease the supply shock of possible factory closures.
Deena Ghazarian, CEO of consumer electronic company Austere, says the federal government's tariff exclusion process was "arcane, nontransparent, and highly uncertain."
This progress has been widely shared, to the great benefit of the people at the bottom of the distribution.
Rather than posing a national security threat, the growth of China's E.V. industry is an opportunity for global innovation.
Season 1, Episode 6 Podcasts
"There's nobody that says, wait, is this good for America? Is this good for the American consumer?"
Donald Trump's latest argument for protectionism is undermined by the realities of his own trade policies.
Season 1, Episode 5 Podcasts
"It's not easy to make one of these rules, but it's a thousand times harder to get rid of one."
Instead, Donald Trump is proposing a 10-percent automatic tariff on all imports, a trade policy even worse than Biden's.
Season 1, Episode 4 Podcasts
"You need an argument for why this is good for society. That's important, but you also need money."
The "Tariff Man" promises to strike again.
Panic over China's rapid economic growth has fueled all manner of big-government proposals. They're looking even more foolish now.
The answer? Because special interests and government prevent the free market from working the way it should.
Season 1, Episode 3 Free Trade
"It's just a very classic case of everything wrong with Washington."
The host of Why We Can't Have Nice Things explains how indefensible tariffs cause baby formula shortages, screw Hawaii residents, and increase traffic in the Northeast.
Biden is blurring the lines between economic policy and military action.
Season 1, Episode 2 Free Trade
The U.S. tariff code is "quite regressive and somewhat misogynist" because the most powerful lobbyist in Washington is muscle memory.
A new national emergency declaration will allow for the creation of an outbound investment screening system targeting Americans' investments in China.
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