tariffs

Generations of Americans have taken the ideal of free trade for granted – until the Trump administration, led by the self-described “tariff man,” turned on it and replaced it with a mercantilist strategy.

A new paper forthcoming in the journal American Economic Review: Insights estimates the effect of trade with China on American consumers and shows us what we stand to lose if we don’t end the trade war.

The prospect that the US president would conclude that tariffs cause growth has always been the downside of good economic numbers.

It was amusing, yesterday, to see the President of the United States with his counter-part from the EU, a Luxembourgian.

Donny Kendal and John Nothdurft are joined by Justin Haskins in episode #144 of the In The Tank Podcast. Today’s podcast features work from The Heritage Foundation, the Cato Institute, the Manhattan Institute, and the Tax Foundation.

Over 35 years ago during the 1981-82 recession, Billy Joel released “Allentown” about the plight of this Pennsylvania town. 

Trade wars are dangerous and harmful policies for governments to pursue.

What do Democrats plan to do with the tariff economy they themselves helped create?

Trump’s choice of Lighthizer is excellent personnel – to finally deliver us the vastly improved Chinese IP policy candidate Trump promised.

By restricting trade and making it harder for goods to flow in and out of the country, Trump, who campaigned on promises to make government work for the working man, would actually be making government work for special-interest groups, such as industry lobbyists.

Let’s end the perpetual re-run.

In this episode of the weekly Budget & Tax News podcast, managing editor and research fellow Jesse Hathaway is joined by Mercatus Center senior research fellow Daniel Griswold, talking about why “globalization” is not a dirty word, despite what politicians may be telling people this year.

More government means more expensive everything. Every second and penny spent paying government taxes and complying with government regulations – raises the prices of the goods and services people proffer.