Tariffs

Trump’s big move: It wasn’t bungling. It wasn’t 4D chess. It was being flexible enough to get what he wanted

As a week of intense tariff mania ends and a new period of negotiations begins, President Donald Trump has 1) started a trade war with China, imposing a 125% tariff on all imports from that country; 2) imposed a 10% global baseline tariff on the world; 3) imposed tariffs on steel, aluminum, some autos, and auto parts; and 4) paused for 90 days a long list of higher “reciprocal” tariffs on many countries.

Trump’s big move: It wasn’t bungling. It wasn’t 4D chess. It was being flexible enough to get what he wanted Read More »

Promises made, promises kept: Consumer prices fell in March, defying predictions of tarifflation

U.S. consumer prices fell in March, pushed down by a decline in the price of goods and defying predictions that President Trump’s tariff plans would push up prices. This was the first drop in consumer prices in nearly three years and only the second decline since inflation accelerated under Joe Biden to the worst rates in decades.

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Stocks soar after strong demand in treasury auction and tariff pause

Wall Street surged Wednesday after a blowout 10-year Treasury auction helped calm fears of a financial crisis, delivering a sharp rebuke to doomsayers who predicted foreign investors would flee American assets in protest of President Donald Trump’s trade agenda, and President Trump announced a pause in tariff hikes on some countries.

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Hanson: Donald Trump’s just trade war

President Donald Trump has announced sweeping new tariffs on most goods imported into the U.S. from abroad. His flat 10 percent levy on all imported products and services came into effect on Saturday. Starting Wednesday, American tariffs will rise higher, in some cases quite dramatically so, on the European Union, China, India, Vietnam, and some of our Asian allies such as Japan, South Korea, and Taiwan—which have for decades unabashedly run large trade surpluses.

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Gabel: Why I have no beef with President Trump’s beef tariffs

President Donald Trump’s tariffs should be on the radar of every agriculture producer in the U.S. Our country is not only the top producer of beef at 12.1 million metric tons annually, but also the top importer of beef, consuming 12.7 metric tons annually. There are hundreds of other ag commodities that rely on trade, of course, but beef is on my radar.

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