by Dan Mitchell | Jul 12, 2018 | Big Government, Blogs
A couple of days ago, I shared a segment from a TV interview about trade and warned that retaliatory tariffs were a painful consequence of Trump’s protectionism. I also was asked in that interview about the negative effect on farmers. I speculated that farmers (and...
by Dan Mitchell | Jul 9, 2018 | Blogs, Trade
The theoretical case against protectionism is very straightforward. Economic growth suffers when politicians interfere with markets. The empirical case against protectionism also is very straightforward since there’s lots of data showing that it’s a job killer....
by Dan Mitchell | Jun 20, 2018 | Blogs, Economics
Back in January, I compared Reagan’s pro-trade views with Trump’s cramped protectionism. Well, here’s another video of the Gipper talking about trade. I especially like how he used “destructionism” to describe protectionism. And let’s consider exactly the kind of...
by Dan Mitchell | Jun 18, 2018 | Blogs, Free Market
On the issue of trade, Donald Trump is wallowing in the swamp of special interest favoritism instead of defending the interests of taxpayers and consumers. He’s wrong on NAFTA. He’s wrong on dealing with China. He’s wrong on steel and aluminum. And it appears that he...
by Dan Mitchell | Jun 14, 2018 | Blogs, Economics
At the risk of understatement, I’ve been very critical of President Trump’s trade policy. I pointed out that he was just as bad as Bernie Sanders before the election. And I didn’t change my tune once he got to the White House. I’ve written several columns bemoaning...