difference between the monetary value of exports and imports
Trump’s tariffs have: imposed significant costs on U.S. households, harmed GDP, did not reduce America’s trade balance, and amounted to the largest tax increase since 1993.
John Yoo critiques the Wall Street Journal’s assessment of President Donald Trump’s emergency tariffs. The Court of Appeals for the Federal Circuit was correct to rule against President Trump’s tariffs…
Editors at Issues and Insights explore the president’s bumbling rollout of a tariff policy. So far, President Donald Trump has been piloting his second term like Maverick from “Top Gun.”…
Victor Davis Hanson writes for American Greatness about the impact of a trade war between the United States and communist China. No one wants a “trade war” with China, or…
Desmond Lachman warns that some of President-elect Donald Trump’s ideas could slow the American economy. H.L. Mencken, the late American journalist, famously wrote that “Democracy is the theory that the…
Jason Riley writes for the Wall Street Journal about a presidential campaign full of bad economic ideas. “The Trump administration imposed nearly $80 billion worth of new taxes on Americans…
Michael Strain of the American Enterprise Institute highlights the latest evidence against protectionist economic policies. The past two presidential administrations have enthusiastically embraced protectionism in their trade policies, marking a…
All economies are planned, the conflict is between who gets to make the plans: individuals or a centralized few. A segment of conservatives are embracing “common good capitalism,” which is…
Editors at the Washington Examiner argue that President Trump just doesn’t “get” free trade. President Trump is taking a gamble this week on trade. He is threatening to impose massive…
Question: When is it acceptable for a Republican president to openly brag about liking taxes? Answer: When the taxes are directed toward American consumers and are called tariffs. Last week,…
Kevin Williamson of National Review Online focuses on the confusion surrounding trade deficits. The problem with all this trade-deficit talk is that nobody seems to know what trade deficits are,…
“If you look at the U.S. current account balance…we are ceding about $450 billion of our wealth to mostly Southeast Asia and a little bit to Mexico.” Kyle Bass, Founder…