A new report shows that American imports from Asia continue to grow, although the tariffs might be responsible for shifting some manufacturing from China to Vietnam and elsewhere.
Trump's steel protectionism seems to have failed. Again.
Soybean exports to China have fallen by 74 percent in the past year.
Tariffs on tea have never caused any problems, right?
Trump's Trade War Is Already Unpopular. New Tariffs on Scotch Whisky, Italian Pasta, and French Cheese Won't Help.
Even a majority of Republicans now tell pollsters that the trade war is costing Americans, and there's no easy justification for targeting European cultural goods.
"Working families should not have to pay the price for the president's reckless use of this tariff authority," says Rep. Stephanie Murphy, a Florida Democrat.
Who could have seen that coming? Well, lots of people did—but the U.S. International Trade Commission and President Trump didn't listen.
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.
New Balance Planned To Open a New Sneaker Factory in America. Trump's Tariffs Might Prevent That From Happening.
Trade is necessary, even for American companies making American products in American factories.
In a new report, the Treasury Department declares it will begin scrutinizing any nation that runs a bilateral trade imbalance of more than $40 billion with the United States
Biden Is Turning Trump's Trade War Into a Major Campaign Issue. More Democrats Should Follow His Lead.
A majority of Democratic voters now favor free trade. Some of the party's presidential candidates are starting to notice.
Each tariff the president imposes is a tax on Americans.
The president's bizarre and counterproductive obsession with tariffs could spell economic catastrophe.
And it reveals the major blind spot in Trump's view of how international trade works.
The president still has time to avoid the economic damage, but who knows how much political damage he's already done?
So far, the answer is "maybe."
Even if Trump's tariffs go away, the debilitating economic effects are likely to linger for years.
If the tariffs ramp-up all the way to 25 percent, as Trump has threatened, they would be the biggest tax increase since 1968.
Politically. Economically. Diplomatically. Legally. Trump's tariff threat against Mexico is a stunningly stupid maneuver no matter how you look at it.
Plus: unlicensed diet tips in court, California takes aim at independent contractors, and more...
China's 2010 export restrictions on rare earth compounds failed then, and they would fail now
Who could have predicted this?
This might seem like nothing more than a snooze-worthy debate over semantics or economic theory or government P.R. strategies. But it matters a lot.
"Tariffs are taxes on Americans—and we talk as if that's not the case; we forget that Americans are paying them," says Pete Buttigieg. That shouldn't be noteworthy, but unfortunately it is.
As messy as things are, they could get uglier still.
Trump isn't putting any tariffs on imported cars right now, but the White House has released a report that effectively allows the president to do that any time he chooses.
Trump's strategy was never going to be a winning one.
While Trump prepares another round of aid payments for farmers, Marco Rubio is pushing for tariffs on Mexican fruits and vegetables that will send prices soaring.
The most likely end result of Trump's literal Buy American policy: lots of American farm goods rotting in federal warehouses
If the United States had pursued a different strategy from the outset of the Trump administration, it might now be in a position to counter China's hardball tactics.
Is Trump using tariffs as a negotiating tactic? That's the most generous reading of his trade policy, but it's unsupported by the facts.
Is the president the only person left in America who doesn't understand that Americans are paying for his tariffs?
After overpromising the benefits and underestimating the costs, reality is starting to puncture the White House's messaging on trade.
A new report finds the tariffs raised $82 million for the U.S. Treasury but ended up increasing costs for consumers by about $1.2 billion.
That should be enough to end this silly debate. But what the president says and what the president does are not always the same.
"Bilateral tariffs result in lower GDP, employment, investment, and trade for the U.S.," a new report concludes.
That's just fine, unless you happen to be a president who promised to reduce it.
New study shows U.S. consumers pay every dollar of the tariffs, which have also damaged supply chains and the availability of goods.
Any deal will be better than the current mess, which is largely of Trump's own making.
Trump's tariffs keep harming American businesses and consumers.
Trump could destroy American jobs and America's relationship with Germany at the same time.
American cars with foreign parts will suffer too.
Steel manufacturers spent $12.2 million lobbying the federal government in 2018, an increase of nearly 20 percent over the previous year.
There are dueling bills in front of Congress, both backed by Republicans. One would expand Trump's tariff authority, while the other would check it.