We understand it would be wrong to let politicians interfere with our freedom to trade with our local grocery store. The same argument applies when looking at international trade.
China may be able to absorb the latest round of tariffs by turning goods destined for export around for internal consumption.
Free trade supporters will be disappointed in clauses such as the minimum wage requirement and recognition of bargaining rights. But such clauses appeal to union voters, who like Trump.
Many of the items set to be taxed are craft supplies — like yarn and fleece — that are purchased from China and sold in U.S. stores.
In the small border city of Laredo, Texas, the entire world shows up every day, determined to get into the United States.
Jean-Claude Juncker reportedly told Donald Trump, ‘If you want to be stupid, I can be stupid, as well.’ This is a perfect summary of a trade war.
Donald Trump is now ‘picking winners and losers’ by bailing out industries that are suffering the consequences of policies that he claims have no losers.
Trump’s trade war could hurt the ‘forgotten’ Americans — the very people he promised would be newly empowered by his presidency.
It seems almost embarrassing to have to rehearse the case for free trade, but Donald Trump is determined to make us learn it all over again, the hard way.
I support nearly unlimited trade, no matter what other nations do. It’s mostly because I love America.
Given both the negative economic effects and political risks, President Trump’s latest trade war with allies seems a miscalculated move, a fight he shouldn’t have picked.
A trove of new polling shows the once-formidable lead Democrats had in the generic congressional ballot is nearly gone.
Sheltering inefficient work—like Sam’s bread business—prevents workers like Sam from finding and developing a skill set that the economy needs.
The mainstream media treats everything Trump does as one step away from the next apocalypse. But there’s no need to freak out about the so-called trade war.
The trick, of course, is to limit Chinese tourist misbehavior and ensure their massive tour groups don’t overrun the destinations most popular with Americans.
It is a game of robbing Peter because you claim Paul was robbed. This helps no one. Two wrongs do not make a right in pursuit of freer trade.
At the most basic level, tariffs are a punishment intended for foreign countries that actually penalize American citizens.
Some Trump diehards think the president’s tariffs are a strategic masterstroke in negotiation, but the harm they will do belies that idea.
Trump’s unilateral actions on steel and aluminum tariffs epitomize the dangers of the longstanding and, regrettably, bipartisan trend toward excessive concentration of power in the executive branch.
World trade in goods and services has morphed into a gigantic manipulative carnival of currency trading. This needs to change.
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