Editor’s note, August 7, 10:30 am ET: On August 7, Trump’s tariffs went into effect for about 90 countries. The story below was originally published on April 2. Since President Donald Trump announced a slate of new tariffs on about 90 countries last week, global financial markets have tumbled. False reports about a potential pause in […]

Editor’s note, August 7, 10:30 am ET: On August 7, Trump’s tariffs went into effect for about 90 countries. The story below was originally published on April 13. President Donald Trump’s tariff plan has rattled Wall Street, alarmed the United States’ trading partners, and made Americans afraid of checking their retirement accounts.  It’s also been extremely […]

President Donald Trump’s tariffs are slowing economic growth, raising prices, undermining American manufacturing, marginalizing the US geopolitically, and attracting widespread public opposition. And future presidents may largely preserve them.  This is because Trump’s trade agenda is succeeding at one of its purported goals: The president’s tariffs are generating a lot of revenue for the US […]

Editor’s note, August 7, 10:30 am ET: On August 7, Trump’s tariffs went into effect for about 90 countries. The story below was originally published on April 2. President Donald Trump has said that “tariff” is the “most beautiful word in the dictionary.” And throughout his first months in office, he has given Americans plenty […]

President Donald Trump’s defenders often frame his trade policies as prioritizing economic development over the free market.  In their telling, America has an interest in manufacturing valuable goods domestically, even if producing such wares in the US is not maximally profitable right now. Our nation might not currently make semiconductors as well as Taiwan or […]