Free Trade
Trump’s tariffs and Japan deal could encourage Toyota to move jobs out of U.S.
Over the past few decades, Japan-based automaker Toyota has spent billions of dollars to expand its manufacturing and assembly plants in the United States. Those plants now employ over 64,000 people across North America and…
Society for the Rule of Law Webinar on “Tariffs and the Rule of Law”
President Donald Trump signed two executive orders on April 2 instituting tariffs on a wide range of countries. ( Andrew Leyden/ZUMAPRESS/Newscom) Earlier today, I participated in a Society for the Rule of Law webinar on…
The New Right’s war on capitalism
Capitalism gets a lot of hate. I expect it from the left. They blame free markets for racism, "horrifying inequality," and even, according to economist Joseph Stiglitz, "accelerating climate change."…
Trump’s trade deal with Japan is another loser for Americans
The Trump administration is touting a "massive" trade deal with Japan that was struck just days before the (still uncertain) August 1 deadline when higher tariffs are set to hit. But, as with earlier…
Americans no longer trust Trump to handle inflation
President Donald Trump swept into office in January with a promise to tackle what he called the "inflation crisis" that had kicked off under his predecessor. "I will direct all members of my cabinet to marshal…
Trump’s latest tariffs could raise tomato prices by 6 percent—or more
The Commerce Department's 17.09 percent duties on most imports of tomatoes from Mexico went into effect on Monday. While the duties are intended to protect American tomato growers at the expense of Mexican ones, it is…
Trump threatens Mexico and the EU with new 30 percent tariffs
What's his game plan? On Saturday, President Donald Trump threatened to impose 30 percent tariffs on Mexico and all European Union countries, for seemingly no reason whatsoever. "Mexico has been helping me secure…
Trump’s proposed 35 percent tariff on Canada could harm U.S. manufacturing
President Donald Trump is once again ratcheting up trade barriers with one of America's largest trading partners. On Thursday, the president announced a 35 percent tariff on all Canadian goods not covered by the United…
Trump’s 50 percent copper tariff will drive up prices for tech, homes, military equipment, and more
Newly announced tariffs on imported copper might be the Trump administration's most foolish trade policy yet. It is a move that will force American industries to pay significantly higher prices for a metal that is…
Is Trump’s new Brazil tariff political revenge?
Trump comes to Bolsonaro's aid: President Donald Trump has, at times, claimed that his tariffs are due to other countries' unfair trade practices: "We are going to have 10 percent to 20 percent tariffs on…
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