International Economics
Trump advisors struggle to defend, or even explain, his tariff strategy
President Donald Trump's "reciprocal" tariffs went into effect over the weekend, imposing a 10 percent tax on imports from nearly every nation on the planet. (Additional higher tariffs on a subset of countries…
Trump is wrong about William McKinley’s tariff record
On his first day back in office, Donald Trump praised his new presidential role model, William McKinley, for having "made our country very rich through tariffs." He then signed an executive order re-renaming the…
Trump’s trade deficits obsession suggests tariffs won’t end soon
The "reciprocal" tariffs that President Donald Trump announced this week are based on a flagrant fallacy: the idea that there is something inherently suspicious about trade deficits. Unlike many of the positions…
Nintendo delays Switch 2 preorders over Trump tariffs
Within hours of President Donald Trump's announcement that he would impose double-digit tariffs on all imports from nearly every country, markets reacted negatively with stock sell-offs and plummeting share prices.…
The logical contradictions of Trump’s case for tariffs
Tariffs "will always be the best way to max out our economic power," President Donald Trump declared during his first term, predicting that his trade war would "MAKE AMERICA RICH AGAIN." Not rich enough,…
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