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.
tariffs
Posted inPolitics
Can Congress Take Back Tariff Authority From Trump?
Absolutely. Whether they will is a matter of whether Republicans will continue to put loyalty to Donald Trump above the economy and the country.
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 inTAP
How Trump Can Cause a Cargo Crunch
Today on TAP: Trump’s tariffs are messing with production arrangements in ways that are only beginning to reverberate.
Posted inVideos
The Prospect Weekly Roundup: The Tariffs Will Continue Until Morale Improves
On our live show, David and The Majority Report’s Sam Seder discuss Donald Trump’s deliberate tanking of the global economy.
Posted inTAP
Republican Budget Madness
Today on TAP: It bookends Trump’s tariff madness, both for damage and dishonesty.
Posted inTAP
Tariffs, Schmariffs
Today on TAP: Trump rewards the real offshorers with trillions in tax cuts.
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.
