The economy was already stalling out before Liberation Day. A trade war on the entire world will only make everything worse.
Economic Policy
Posted inEconomic Policy
We Never Had Free Trade
The U.S. trading system since the 1970s has screwed American workers. But the main culprits are the American capitalists who devised the system, not foreigners.
Posted inEconomic Policy
I Hope MAGA Investors Enjoy the Crisis They Caused
Right-wing financiers thought Trump would unleash prosperity. Instead, his tariffs are nuking the markets.
Posted inEconomic Policy
They’re Not Tariffs, They’re Sanctions
Stop trying to place coherence on a policy that’s really just a mob boss breaking legs and asking for protection money.
Posted inEconomic Policy
Trump’s Tariff Fantasy
His projection of a U.S. manufacturing boom behind tariff walls leaves out retaliation by other countries and a trade war.
Posted inEconomic Policy
Trump’s Tariff Charade
Today is billed as ‘Liberation Day,’ as Trump plans to unveil his master tariff program at 4 p.m. The details are still obscure, even to Trump.
Posted inEconomic Policy
The Trade Policy We Need
Trump’s on-again, off-again tariffs are incoherent, but that should not discredit targeted tariffs paired with investment as a policy lever.
Posted inEconomic Policy
Donald Trump Is Going to Destroy American Manufacturing
Bidenomics created a manufacturing boom. Trump is tearing that up by the roots.
Posted inEconomic Policy
Mad King Trump’s Tariff Disaster
The president’s trade war on Canada is heating up in the dumbest conceivable manner.
Posted inEconomic Policy
The Unusual Biden-Trump Continuity in One Area
On antitrust, Trump’s enforcers are challenging mergers and seeking breakups. What’s going on here?