"Those are traumatic increases. They are shocks to our system," says Mike Schmitt, CEO of The Metalworking Group, an Ohio-based manufacturer.
Be very afraid when Chuck Schumer reaches across the aisle to shower praise on President Trump
A pro-tariff organization projects the best-case scenario for tariffs, and it still ends up looking pretty bad.
"There's not a day on the farm when a farmer doesn't touch steel," says Rep. David Young. And all that steel is about to get more expensive.
From "bowling ball tests" to tariffs, the president doesn't know what he's talking about. His ignorance grows more dangerous each day.
Hopefully he will be a positive force from his new perch at the White House.
From emulating China to opening up with North Korea, what to do when the president says the damndest things?
You cannot advocate trade restrictions without also advocating state-bestowed privilege.
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.
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.
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 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.
The pact is better without American influence-but now we won't enjoy the benefits.
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
Cutting off foreign trade would hurt lots of small towns in the heartland.
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.
Antiglobalism and anticosmopolitanism might flow purely from economic ignorance, but it is hard to believe that's all it is for many people.
NAFTA just doesn't contain enough "progressive elements," according to the Trudeau administration.
What does it mean when a president is constantly worried that we 'won't have a country' anymore?
