In a landmark 6–3 decision issued on February 20, 2026, the U.S. Supreme Court ruled that President Donald Trump exceeded his statutory authority when he imposed sweeping tariffs on imports from nearly every trading partner under the International Emergency Economic Powers Act (IEEPA) of 1977. Yet within hours of the decision, the administration made clear that its tariff strategy was far from finished. By pivoting to alternative statutory authorities dating from the 1930s, 1960s, and 1970s, the White House signaled that while one legal pathway had been closed, others remain available. The...

President Donald Trump’s call to reindustrialize the United States taps into a widely shared sense that something fundamental has gone wrong in the American economy. Manufacturing employment has collapsed, entire regions have been hollowed out, and supply-chain disruptions during the COVID era revealed how dependent the United States has become on foreign production for even basic goods. Trump’s proposed remedy—high tariffs on imports combined with subsidies and industrial policy at home—aims to reverse decades of deindustrialization by forcefully redirecting capital back into domestic...

In the comic theater of American politics, few spectacles are as reliably absurd as the utopian promises of protectionism. Donald Trump's tariffs, hailed by their proponents as a bold strike against foreign exploitation, have instead proven to be a blunt instrument of economic self-sabotage—particularly for the nation's farmers. From his first administration to the present day these policies have not only disrupted free markets but have necessitated a cascade of government bailouts, turning independent producers into wards of the state. Such interventions are not savvy trade strategy but are...