U.S. Trade Commission Admits Tariffs Raised Prices for American Consumers
American companies and consumers "bore nearly the full cost of these tariffs because import prices increased at the same rate as the tariffs."
American companies and consumers "bore nearly the full cost of these tariffs because import prices increased at the same rate as the tariffs."
With the FORMULA Act soon to expire, the U.S. baby formula market is about to return to the conditions that left it so vulnerable to a shortage in the first place.
The agency is now taking small steps to allow foreign formula manufacturers to import their goods into the U.S.
Only 1.2 percent of U.S. vodka imports come from Russia.
Almost all of America’s avocados come from a single Mexican state. A threatening message threw it into disarray.
The one thing that would most help increase efficiency at America's lagging ports is also the one thing that Biden's union allies dislike the most.
Plus: America's crackdown on Big Tech gives cover to Russia's crackdown on Big Tech, high inflation likely to continue into next year, and more...
We've turned the presidency into an omnipotent office, and we expect that our gifts and government checks will be delivered on time.
The trade deficit is now the widest on record too.
A Connecticut company got a $138 million government contract in order to break America's supposed "dependence" on foreign-made syringes. It has yet to produce even a single one.
Instead of blocking food imports during a pandemic in which supply chains are strained, the FDA should allow consumers to choose food that will fill them up.
One month after signing a signature trade deal with Canada (and Mexico), Trump just launched an unnecessary and counterproductive new trade war against America's northern neighbor.
That's probably because those goals were always completely unrealistic. Less than six months after the deal was signed, it's already coming apart.
Export restrictions only make sense if you're unable to understand the obvious consequences of that policy.
A misleading statistic has made the rounds. But it’s based on a misreading of a government report that says no such thing.
Some of Trump's tariffs hit medical equipment and supplies from China. We need more trade, not less, to be prepared for pandemics.
A new analysis from Moody's says 300,000 jobs have been lost already, with another 600,000 hanging in the balance. Meanwhile, Trump is trying to reopen channels with China.
Tariffs are taxes on imports that translate into higher prices for American businesses and consumers.
And it reveals the major blind spot in Trump's view of how international trade works.
Even if Trump's tariffs go away, the debilitating economic effects are likely to linger for years.
Navarro's Wall Street Journal op-ed looks more like a deliberately deceptive attempt to argue that limiting imports will boost economic growth. It won't.
How exactly will high import taxes help "make America great" again?
Over violations of manufacturing rules
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