A trade deal with China could finally be here! It’s a good one, too, according to President Donald Trump, who said last week, “So, we just made what, I guess, is one of the biggest deals that’s been made in…
The U.S. trade deficit in goods and services increased to $54.9 billion in August, up from $54.0 billion in July. That’s because imports grew more than exports overall. While President Donald Trump will see this higher trade deficit as a…
There are many bad ideas flying around right now in Congress. The recent proposal by Sen. Tom Cotton, R-Ark., to give some taxpayers a rebate check funded with the tariff loot is one of those ideas. It’s not only bad…
Stan Veuger of the American Enterprise Institute recently complained on Twitter that those who cared about cronyism when Barack Obama was president are suddenly very quiet about President Donald Trump’s bailout of farmers. There is some truth to his complaint….
On the campaign trail, candidate Donald Trump said that, if elected, “We’re going to win so much. You’re going to get tired of winning. You’re going to say, ‘Please Mr. President, I have a headache. Please, don’t win so much.’”…
In his book The Art of the Deal, President Donald Trump described his communication style as “truthful hyperbole.” Hyperbole, sure. Truthful, questionable. Take Trump’s recent speech in Pennsylvania, where he declared that his tariffs had turned things around for the…
It’s a fact that President Donald Trump has a remarkably large number of supporters among the voters and pundits who label themselves as “free market.” They usually say something like, “Sure, I don’t like his trade and immigration policies, but…
When it comes to trade policy, President Donald Trump and his adviser Peter Navarro provide endless examples of incoherent economic thinking. They regularly claim that X is true, and then in the next breath, they assert that not-X is also…
President Trump announced Thursday that a new 10-percent tariff would be imposed on an additional $300 billion worth of Chinese imports starting September 1. In a string of tweets, the president listed the continued sale of Fentanyl to the U.S….