Trump's Controlling Stake in U.S. Steel Is Indefensible Socialist Nonsense
Any decisions made by U.S. Steel's executives and shareholders will require approval from Trump, his appointees, or his successors.
steel industry
Nippon Steel Will Finally Get To Buy U.S. Steel. The Deal Likely Ensures More Federal Meddling in the Future.
The federal government will reportedly get a "golden share" in U.S. Steel, potentially allowing it to overrule shareholders on some decisions.
Why Some American Businesses Want More Tariffs
A quick lesson about concentrated benefits and diffused costs
Trade Wars That Never Happen Still Have Costs
One CEO says the uncertainty created by Trump's chaotic trade policies is "reminiscent of the adjustments we had to make during Covid-19."
Douglas Irwin: Why Trump's Tariff Plans Are Dangerous
The trade economist details the most alarming protectionist policies proposed by the incoming Trump administration.
With U.S. Steel Decision, Biden Turned His Back on Opposing Monopolies
Blocking Nippon Steel from acquiring U.S. Steel lays the groundwork for a major consolidation of American steelmaking that will harm consumers and the economy.
Why MAGA Is Fighting Over High-Skilled Immigration
Plus: A listener asks the editors about subsidies for trains, planes, and roads.
Blocking the U.S. Steel Sale Is a Perfectly Disgraceful End to Biden's Political Career
It's a disgraceful decision that serves as a perfect epitaph for Biden's political career.
Bootleggers and Baptists in the U.S. Steel Deal
Progressives and environmental groups have teamed up with a rival steelmaker to lobby against the U.S. Steel deal.
Nippon Steel-U.S. Steel Merger Poses No National Security Threat
The Committee on Foreign Investment doesn't recommend blocking the merger, and neither should President Joe Biden.
Trump's Vow To Block U.S. Steel's Sale Sends Stock Tumbling
Trump doesn't care much about free market principles or the limits of government power. But he should pay attention to this signal from the stock market.
Neither Trump Nor Harris Wants To Drain the Swamp. They Want You To Join It.
Both candidates have promised a litany of special favors to handpicked constituencies. If you don't fit into the right categories, you'll pay the price.
The Government's Permitting Regime Is Choking the Economy
Housing costs, job availability, energy prices, and technological advancement all hinge on a web of red tape that is leaving Americans poorer and less free.
Leave U.S. Steel Alone
Joe Biden, Donald Trump, Kamala Harris, and J.D. Vance agree that U.S. Steel needs to be controlled from Washington. They are all wrong.
Biden and Trump Are Both Disastrously Wrong About Tariffs
Yes, cheap imports hurt some American companies. But protectionist trade policy harms many more Americans than it helps.
Biden's Call for More Steel Tariffs Is Economically Ineffective Political Pandering
If higher tariffs were the solution to anything, wouldn't there be evidence of that by now?
J.D. Vance Thinks U.S. Steel's Shareholders Weren't Adequately Warned of J.D. Vance's Efforts To Block Sale
Vance's latest gambit is pretty nonsensical, intellectually embarrassing, and obviously self-serving. But that doesn't mean that it's not dangerous too.
Opposition to U.S. Steel Sale Shows How Similar Biden and Trump Are on Trade
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.
The U.S. Steel/Nippon Deal Should Be None of Joe Biden's Business
Both companies consented to the deal. Why should they have to get permission from the president to do business?
American Steel Production Has Fallen to Pre-Tariff Levels
The debate is over. Trump's steel tariffs failed.
Over 300,000 Ohioans Are Employed by Foreign Companies. Why Isn't J.D. Vance Outraged?
Companies based outside the United States employ 7.9 million Americans. Foreign investment isn't something to be feared or blocked, but welcomed.
New Tariffs on Tin Cans Get Biden Administration Approval
There's no good reason for the government to block Americans' access to cheaper tin cans.
Protectionism Ruined U.S. Steel
Another round of federal intervention to prevent its sale makes no sense.
What J.D. Vance Could Learn From Reading Hillbilly Elegy
The senator used to know why the U.S. Steel/Nippon deal is nothing to fear.
Season 1, Episode 6 Podcasts
Why We Can't Have Nice Things: Can You Afford Tariffs on Tin Cans?
"There's nobody that says, wait, is this good for America? Is this good for the American consumer?"
Biden Administration Considering New Tariffs That Will Hike Prices for Canned Goods
The Commerce Department and the International Trade Commission are considering a petition that would impose tariffs of up to 300 percent on tinplate steel.
Banning Chinese Products in the Name of 'National Security' Could Have Disastrous Consequences
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
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."
America Needs a Better Kind of Capitalism
Big corporations and entire industries constantly use their connections in Congress to get favors, no matter which party is in power.
American Steelmakers Are Still Defending Trump's Tariffs That Crushed Consumers
Any gains seen by the steel industry from tariffs have been overshadowed by the losses for downstream companies and higher prices for consumers.
Why Is Biden Still Limiting Imports of South Korean Steel?
Biden's top trade adviser says tariffs must be "strategic," but what strategic value do tariffs on South Korean steel serve?
Stop The Steel: Biden Is Replacing Trump's Tariffs With Import Quotas
Biden will allow 3.3 million metric tons of European-made steel to be imported annually without tariffs. After that, Trump's 25 percent tariffs will remain in force.
More Than 300 Manufacturers Just Asked Biden To Repeal Trump's Steel Tariffs as Prices Skyrocket
Trump imposed huge tariffs on imported steel and Biden is keeping them in place even as American businesses beg for relief.
Trump's 'National Security' Steel Tariffs Are Just Old Fashioned Protectionism. Here's the Data To Prove It.
The department has granted just 1 percent of the tariff exemption requests that were challenged by domestic steel producers.
Steel Company CEO Says Everyone Else Should Have To Pay for Trump's Tariffs, but Not Him
Robert Wetherbee says steel tariffs might force his business to shutter. But instead of asking for the tariffs to be lifted, he wants special treatment.
More Layoffs, Falling Stock Prices Show How Trump's Tariffs Have Harmed American Steelmakers
A Michigan steel plant annnounced it's closing at the end of the year, while U.S. Steel stocks are down 75 percent since Trump's tariffs were announced.
At Least 80 Workers Are Losing Their Jobs at This Pennsylvania Steel Plant. Tariffs Are To Blame.
Trump's steel protectionism seems to have failed. Again.
Two Solar Companies Said Tariffs Would Save Their Businesses. They Went Broke Anyway.
Who could have seen that coming? Well, lots of people did—but the U.S. International Trade Commission and President Trump didn't listen.
As U.S. Steel Slows Production, It's Time To Stop Pretending Tariffs Work
The biggest American steelmaker says there has been reduced demand for their products in recent months, probably because they raised prices after Trump slapped tariffs on foreign steel.
Trump's Tariffs Aren't Even Helping Steelmakers
Nucor's stock price is down 16 percent since August. Executives say the fourth quarter will be even worse.
Protectionism vs. Cheap Beer
If you tax something, you get less of it, and Trump's tariffs are a tax on making things-including cans, kegs, and the beer that goes into them.
The Economic Case for Free Trade Is Stronger Than Ever
But working-class identity politics threaten to ruin everything.
This American Metalworking Company Is Already Paying Up to 30 Percent More for Steel Thanks to Trump's Tariffs
"Those are traumatic increases. They are shocks to our system," says Mike Schmitt, CEO of The Metalworking Group, an Ohio-based manufacturer.
4 Bad Arguments for Trump's New Tariffs
When it comes to trade, the president believes a lot of nonsense.
Stossel: Trump's Steel Tariffs Will Hurt Americans
John Stossel says voluntary, free trade improves lives.
A Matter of Steel Industry Security
Steel imports are no more a threat to U.S. national security than imported sugar or lumber or tulips.
