Tariffs

Cars sit in a lot with a Chinese flag

China’s Auto Sales in Russia Are Frozen Solid

Who could blame Russian consumers for being skittish about purchasing vehicles that can’t handle the cold?

How Trump’s Tariff War Could Strengthen America in the Long Run

By employing protectionist measures now, before the next great war begins, America can shield its eviscerated manufacturing sector—and perhaps restore it to fighting shape.

US President Donald J. Trump makes remarks at the 2023 CPAC

Why Trump Retreated on Tariffs

Trump may be about to discover that it is easier to begin a trade war than to end it successfully.

US President Donald Trump announces tariffs on auto imports in the Oval Office of the White House in Washington, DC, on March 26, 2025

What Latin America Can Teach Trump about Tariffs

The theory of Import Substitution Industrialization (ISI), and the high tariffs that went with it, brought about economic dysfunction and stagnation to the region. Back in the 1950s, Latin American...

Kentucky Senator Rand Paul makes a speech at the 2014 CPAC conference in National Harbor, Maryland March 7, 2014.

Rand Paul Is Right to Oppose Trump’s Tariffs

The cold, hard truth is that tariffs are bad for the GOP and even worse for America.

PODCAST—Shock Waves: How Trump’s Tariffs Are Transforming the Energy Landscape

President Trump’s new tariffs are shaking global energy markets, driving down oil and gas prices, slowing clean energy projects, and raising questions about global economic stability. Trump’s Tariffs and Energy...

Donald Trump’s Gift to China

The largest beneficiary of America’s tariff-induced meltdown has been China—which has used past Western crises to stake out maximalist positions in international affairs.

Washington DC - US - Mar 22, 2024 A black and white of people waiting in a bread line from the Great Depression, a part of the Franklin Delano Roosevelt Memorial, located on the Tidal Basin.

Tariffs and the Specter of Smoot-Hawley

Bad trade policy helped prolong the Great Depression. Even a muted repeat of this experience is terrifying. Stock prices have tumbled, and anxieties have soared with the White House announcement...

Washington, DC on March 6, 2025 US President Donald Trump showing signing an executive order in the Oval Office of the White House

How Trump’s Tariffs Are Reshaping Global Trade

The unveiling of sweeping trade barriers has fundamentally shifted the nature of global trade diplomacy toward transactionalism. This week, President Donald Trump announced a comprehensive set of tariffs affecting nearly...

WASHINGTON, DC - APRIL 27, 2018: President Donald Trump pauses as he speaks at a joint press conference with German Chancellor Angela Merkel in the East Room of the White House.

Why Donald Trump Might Reverse Course on Tariffs

With trillions of dollars vanishing from financial markets overnight, the president may have little choice but to make an uncharacteristic U-turn. 

Oakland, CA - July 25, 2017: The Port of Oakland loads and discharges more then 99 percent of containerized goods moving through Northern California, the 5th busiest port in the U.S.

Tariffs are Bad—so Are Non-Tariff Barriers

U.S. trade policy today is a roller coaster, and the only thing predictable about it is its unpredictability. Tariffs, which Donald Trump once called “the most beautiful word in the...

WASHINGTON –Jan 30 2025: President Donald Trump speaks at a White House press briefing after a Black Hawk helicopter collided with American Airlines flight 5342 by DCA airport.

How Donald Trump Can Beat Europe’s Tech Regulations

If there is one bright spot in Trump’s cacophony of trade threats, it is that the conversation on how to improve the global regulatory space for the average consumer has...