Politicians, the Federal Reserve, and Fed and administration apologists like to claim that the inflation we face is caused by supply constraints. This claim goes against the facts on the ground. According to the World Trade Organization, even though there…
Apparently, the United States now has a Lobster King. This great title was bestowed upon the Trump administration’s trade adviser, Peter Navarro, when the president recently threatened to impose tariffs on European Union cars if the bloc does not drop…
The coronavirus did apparently originate in China. Now President Donald Trump wants to punish that country for its role in letting the virus spread to the United States. This is just another poor excuse to push the same protectionist policies…
Governments in the United States are restricting freedoms to unprecedented degrees in an effort to slow the spread of COVID-19. As dangerous as this expansion of power is, in some ways, federal, state and local governments are also reducing their…
Two caveats: One, this article puts the cart well before the horse because we have not yet seen the worst of China Virus 19; yet this article focuses on the day after the crisis is declared over. After all, Trump’s…
The Tariff Man has done it again. President Donald Trump recently announced that he will expand import taxes on American consumers of auto parts, nails, and other goods made in the United States with steel and aluminum. Apparently, untaxed imports…
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…
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