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tariffs

Restricting Production

"At the bottom of the interventionist argument there is always the idea that the government or the state is an entity outside and above the social process of production, that it owns something which is not derived from taxing its subjects, and that it can spend this...

Tariffs Violate Freedom

Debate goes on over who suffers from U.S. tariffs. Biden and Trump, for example, think U.S. tariffs on Chinese goods hurt China, not Americans. This is nonsense. Even if they hurt Chinese producers (who can sell their goods elsewhere), the tariffs still hurt...

The China Lobby Now (Where is it?)

The China Lobby Now (Where is it?)

*Author’s note: while the term “China Lobby” has historically been associated with the coalition of interest groups, primarily in the business community, that grew up around support for the Republic of China in the 1920s and 1930s and which came to be closely allied...

WaPo: Trump Plans Massive Tariffs If Re-Elected

WaPo: Trump Plans Massive Tariffs If Re-Elected

Former President Doanld Trump privately met with his top economic advisors last week and discussed plans for major tariff increases, three people familiar with the meeting told the Washington Post. One of the ideas which was floated involves a “universal baseline...

Trump Administration Flunks Trade Economics 101

International trade is one of the many areas in which the Trump administration has been egregiously bad. Trump himself seems to lack even the most basic knowledge about the principle of trade -- he seems to think it is always zero-sum with a loser for every winner --...

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