by Brian Garst | Feb 24, 2026 | Blogs, Trade
It was widely assumed that, were SCOTUS to rightfully strike down Trump’s IEEPA tariffs (including those from his “Liberation Day”) as illegal executive overreach, the President would respond by reconstituting much of his protectionist tariff regime...
by Dan Mitchell | Apr 3, 2025 | Blogs, Trade
Based entirely on his profound illiteracy about trade balances (explained Tuesday and Wednesday), President Trump has unilaterally imposed one of the largest tax increases in American history. Rather than engage in lengthy analysis, all of which would...
by Dan Mitchell | Apr 2, 2025 | Blogs, Trade
I shared data yesterday showing how and why trade deficits don’t matter. Moreover, I shared data showing that countries with higher taxes on imports usually have higher trade deficits. Unfortunately, Trump and his team don’t understand trade. Instead,...
by Dan Mitchell | Apr 1, 2025 | Blogs, Trade
I’ve repeatedly shared a chart showing that a trade deficit is merely the flip side of an investment surplus. But that chart had data through 2017, so let’s look at a new version of the chart, courtesy of the Tax Foundation....
by Dan Mitchell | Jan 25, 2025 | Blogs, Trade
In Trump’s fourth year in the White House, back in early 2020, I wrote that the trade deficit was rising because the economy was doing well. I specifically observed in that column that “the trade deficit is increasing in large part because Trump’s...
