by Dan Mitchell | Jun 9, 2025 | Blogs, Trade
In the final minute of this video on trade deficits, I explained that protectionism is a political loser for the Republican Party. But I didn’t delve deeply into the politics of protectionism. I merely noted that today’s Republican lawmakers were concerned. And for...
by Dan Mitchell | May 29, 2025 | Blogs, Trade
Trump’s “Liberation Day” tax increase on trade has been very bad news for the economy, causing considerable havoc in financial markets and imposing big costs on American businesses. The president claimed he had the power to unilaterally impose those tax increases (and...
by Dan Mitchell | May 23, 2025 | Blogs, Economics, Trade
Argentina has been an unfortunate member of the Anti-Convergence Club, having been featured once in 2018 and twice in 2023 (here and here). Today’s column will start by making Argentina a four-time member. As you can see from the chart (based...
by Dan Mitchell | May 22, 2025 | Big Government, Blogs, Taxation, Welfare and Entitlements
Republicans are going to saddle the country with a massive tax increase, and I’m not referring to Trump’s huge protectionist tax increase on American consumers and producers. Instead, I’m referring to my long-held view that a failure to...
by Dan Mitchell | May 18, 2025 | Blogs, Trade
I applaud profits. When entrepreneurs and companies earn money in a genuine free market, that’s a sign that they are providing value to customers. And the search for profit is a key driver of the innovation that makes us richer over time. Our...
