by Dan Mitchell | Mar 11, 2025 | Blogs, Trade
I shared a “Trade 101 for Trumpies” presentation last month in hopes of educating people about the foolishness of protectionism. Perhaps it should have been a remedial class because the president has just announced another increase in taxes on steel and aluminum...
by Dan Mitchell | Mar 5, 2025 | Blogs, Trade
Trump didn’t learn from the failure of protectionism during the Great Depression. And he didn’t learn from the failure of protectionism during his first term in office, so he’s now launched a new trade war by imposing higher taxes on cross-border commerce. Trump will...
by Dan Mitchell | Feb 26, 2025 | Blogs, Tax Competition, Taxation
About three weeks ago, I suggested a new Theorem of Government to guide immigration policy. I was motivated by a combination of politics and economics, as summarized by these five points. The public does not like mass immigration. Mass immigration generates...
by CF&P | Feb 25, 2025 | Blogs, Economics, Trade
Protectionism is illogical. It is based on the notion that it is good to have higher prices and inefficient allocation of resources. Which is why trade barriers inevitably lead to lower growth and fewer jobs. All based on an utterly irrelevant...
by Dan Mitchell | Feb 11, 2025 | Blogs, Trade
Within the first minute of my recent video on trade and protectionism, I remarked that ”Trump simply does not understand trade.” Today, I want to give another example of why “Tariff Man” has the wrong approach. He just announced that he will be imposing a 25 percent...
