The National-Security Exception to Free Trade Is Real. So Are Its Tradeoffs.
The most credible exception to the case for free trade policy is rooted in concerns about national security. If complete freedom of trade jeopardizes our national security, some protectionism arguably…
Tell Carrier You Oppose Its Plan to Outsource 1,400 Jobs
Carrier Corp. announced earlier this year that it would be closing its plant in Indianapolis and outsourcing 1,400 jobs to a plant in Mexico. This decision is nothing but corporate…
Trump’s tariffs actually slashed the deficit from a record $136.4 billion to less than half that.
Since returning to the White House in January, President Donald Trump has overturned decades of U.S. trade policy — building a wall of tariffs around what used to be a…
Partially West Virginia-made cars will soon be sold in Japan
Toyota Motor Corporation recently announced its intention to begin selling American-made Camry sedans, Highlander SUVs and Tundra trucks next year. Camrys are made in Georgetown, Kentucky. Highlanders are made in…
China hits EU dairy with tariffs, broadening trade conflict
China will impose provisional duties of up to 42.7% on dairy products imported from the European Union, the latest in a series of measures against EU exports widely seen as…
The Great Industrial Rebound: Why America Needs High Court Victory
For decades, the story of the American economy was one of “hollowing out“—of factories shuttering and high-paying blue-collar jobs migrating to low-wage markets overseas. The Liberation Day tariffs were designed…
Hyundai Steel invests 50% in U.S. electric-arc mill to avoid tariffs
Earlier, Hyundai Steel disclosed on the 16th that it will invest $1.46 billion (about 2.15 trillion won) in a U.S. electric arc furnace steel mill specialized in automotive steel sheets….
Canada plow-maker can’t clear path through Trump tariffs
For decades, Arctic Snowplows has sold its Canadian-made galvanized steel products to “anywhere there is snow” across the border in the United States, says company president Mike Schulz. But a…
Trump’s DOJ digs in on tariff refunds
Reps. Raja Krishnamoorthi (D-Ill.), Deborah Ross (D-N.C.) and Marc Veasey (D-Texas) on Friday introduced a resolution to scrap the 25 percent tariffs Trump imposed on India over its continued purchases of Russian energy. “Instead of advancing…
Why Mexico slapped 50% tariff on India, how it matters
Many are wondering why a developing economy, itself a target of US President Donald Trump’s tariffs, will slap similar tariffs on another developing economy also hit by Trump tariffs? Mexico’s…