Trump's Threatened Tariffs on Mexican Imports Might Not Happen. They Have Costs Anyway.
The president still has time to avoid the economic damage, but who knows how much political damage he's already done?
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...
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.
The Trump administration keeps deliberately raising tensions with Iran, risking conflict.
Plus: Naomi Wolf has no clue (again), gun site wins Section 230 case, and more...
The Trump Administration has cut off funding for the budget-busting boondoggle.
Trump administration officials discuss plans to deploy 120,000 troops to the Middle East amidst rising tensions in the Persian Gulf.
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.
Plus: Protests against prostitution-loitering laws in NYC, Denver mushroom measure passes, misinformation about Section 230, and more...
America first? It really depends on what part of America you live in.
Plus: "Offending religious feelings" in Poland, Trump tax returns, the latest "heartbeat bill," Denver's mushroom measure, and more...
Tariffs, threats to use antitrust regulations against big tech firms, and an interest in social media regulation could overshadow one of the adminstration's big victories
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?
Two notable scholars debate whether there is anything particularly troubling with the way the Trump Administration is refusing to cooperate with Congressional investigations.
There is no military solution to be had. It's time to simply come home.
A key senator issues the sort of binary, transactional choice that Trump seems to prefer. Will the POTUS listen?
After overpromising the benefits and underestimating the costs, reality is starting to puncture the White House's messaging on trade.
That's a potentially dangerous combination.
Donald Trump's restrictionist immigration policies are making U.S. universities less exceptional.
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.
And they'll cost more to buy
The special counsel's report on two years of investigating Trump and Russian ties drops Thursday.
Plus: Trump shows true colors on Yemen, U.K. sets a date for new porn rules, and scientists say we may be in a new geological epoch.
But wasn't the whole point of the trade war to boost U.S. manufacturing?
The Trump Administration is attempting a welcome redefinition of "waters of the United States"
They made 50 arrests, but almost all were for immigration offenses.
The Supreme Court allowed the policy to move forward, but the fight is far from over.
Does the Trump administration think it can wage war in Iran without congressional approval? Mike Pompeo won't say.
Administration appears to value hardline Cuba stance over ballplayer safety.
Nothing in the ruling prohibits the U.S. from detaining would-be asylum-seekers until they can be granted a court hearing.
And Iran looks to reciprocate.
Fed governors like Herman Cain or Stephen Moore are likely to want to goose short term apparent prosperity to help the president politically. That's a bad idea.
There is at least one point on which Washington and Moscow find themselves at odds: Venezuela.
Closing the border would be a "profit-making operation," says Trump. That's not how any of this works.
Covering stories is too important to abandon for brazen partisan pandering-or wishful thinking.
The education secretary is wrongly getting dragged for zeroing out a gratuitous budget item.
The feds are $234 billion in the red. Looking for hope? Sen. Mike Enzi has some ideas.
That should be enough to end this silly debate. But what the president says and what the president does are not always the same.
The president signed an executive order supporting free speech on college campuses.
"It is the policy of the federal government to encourage institutions to foster environments that promote open, intellectually engaging, and diverse debate."
The president's stance on immigration goes well beyond fighting illegal entry.
Trump's budget projects 10 straight years of 3 percent growth. If this forecast fails to materialize, it will make the budget deficits worse than projected.
Celebrate your independence with a subscription to Reason magazine, your most trusted source of honest, insightful news and analysis.