How Tariffs Benefit the Working Class and Reduce Income Inequality
According to the Institute for Fiscal Studies, “Evidence from Europe and the United States shows that trade has increased inequality not just between workers of different skill levels, but also…
Protectionism or Fairness? EU Targets China EVs
The proposed tariffs, introduced in June, were rooted in claims that Chinese electric vehicles benefit from state subsidies, giving them an unfair edge over European manufacturers. China, however, has staunchly…
Economic View: Tariffs Done Right Can Rebuild Our Economy
Tariffs can play an important role in rebuilding our manufacturing base, if they are done right. We said in a study published in July that so-called “universal” tariffs of 10%…
UK steel industry calls for protectionist measures over glut driven by China
UK Steel, a lobby group, said the global industry has 543m tonnes of excess steel, 70 times more than the UK uses each year, in analysis published on Monday. It…
US trade representative defends tariffs on China
US Trade Representative Katherine Tai defended stiff tariff hikes against countries such as China, saying that paired with investment, they were a “legitimate and constructive” tool for reinvigorating domestic industries….
Constellation Brands CEO downplays worries about higher tariffs if Trump wins
“First of all, assuming there was a Trump administration, we already had four years of a Trump administration, and our business was up double-digit during that window of time,” Newlands…
Henry Clay’s Case For Tariffs Is What Congress Needs To Hear Again
We have seen, I think, the causes of the distresses of the country. We have seen that an exclusive dependence upon the foreign market must lead to still severer distress,…
US-China talks helping avoid Chinese retaliation against Biden tariff hikes
China has not retaliated against US tariff increases on Chinese imports partly because of continued dialogue between the world’s two largest economies, the US Treasury’s top economic diplomat Jay Shambaugh…
This House Democrat is backing Trump’s 10% tariff plan — and he even has a bill to get it done
Rep. Jared Golden, a Democrat who represents a Maine congressional district that Trump won in both 2016 and 2020, introduced the Balance Unequal International Labor and Trade for the United…
McConnell and Pence Trash Trump Tariffs, But the Data Proves Them Wrong
Both McConnell and Pence are ignoring a key fact: since 2018, tariffs on Chinese imports have been in place, yet inflation remained below 2.3%—until the COVID-19 supply chain shocks pushed…