China Is Not the Enemy
If we persist in reducing their brilliant progress to anything other than hard work being matched with freedom, we risk turning the biggest consumers of all things American against the United States. The economic consequences for the American people will be unfortunate.
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Is Trump’s Ultimate Goal Global Free Trade?
Trump has pontificated on trade for decades, with words that reveal him as a clichéd economic nationalist.
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The Trade War’s New Level of Bizarre
The Trump administration pulled back from the brink of disaster in trade relations with Mexico — but there is reason to doubt that this unusual display of good sense indicates a change in intellectual orientation, much less a lasting shift in policy. The man-made trade mess of the last year and a half is likely to get more bizarre before it gets better.
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President Trump’s Threatened Tariffs Would Wipe Out 2017 Tax Cuts
Should these threatened tariffs come to pass, it will be hard to argue that we have seen a more anti-business U.S. President, from either party, in recent memory.
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U.S. Dollar Supremacy Could Quickly Fade
The greatest risk to the US dollar may, in fact, come from within. The imposition of tariffs and sanctions create an opportunity for other countries to engage in bilateral trade. The decision to withdraw from the free trade initiatives such as the TPP and T-TIP weakens not only the prospects for US trade but also the preeminent position of the US dollar.
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The Huawei Test
The U.S. has chosen to attack arguably the most creative and powerful and best-led capitalist company in China.
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Why They Try to Turn Back the Tide of History
Knowing and seeing the pattern here makes it no less alarming but it does help reveal that these economic/political cycles are not arbitrary. And if history is our guide, we can also see that the efforts of the reactionaries against freedom will fail.
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The Return of Protectionism
Fortunately for us, this might be a temporary detour away from the long pattern of the expansion of global trade. The damage could be lasting, however.
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Are Tariffs Killing People?
When you play politics with international trade, you play a very dangerous game that can result in vast collateral damage.
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This Is How a Nationalist Raises Your Taxes
Surely allowing millions of American and Chinese businesses and consumers to freely cooperate would have created more wealth than one veteran dealmaker tightening his grip.
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No, Mr. President, Tariffs Do Not Cause Prosperity
The prospect that the US president would conclude that tariffs cause growth has always been the downside of good economic numbers. Good performance of the macroeconomy only encourages his worst instincts to impose more harmful trade policies.
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Bourbon Exports: Casualty of the Trade War
The carnage of the trade war is everywhere but doesn’t always make the headlines. Consider for example the export markets for American liquor.
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