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 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...
by Dan Mitchell | May 8, 2025 | Blogs, Trade
When I debate with supporters of Trump’s protectionism, their most common talking point is that other nations take advantage of the United States because we allow their companies to sell goods and services without restriction. By contrast, they impose...
by Dan Mitchell | May 1, 2025 | Blogs, Trade
The good news is that the vast majority of Americans now have a favorable view of free trade. The bad news is that the person with the most power over trade policy is hostile because he doesn’t understand the issue, and that’s the topic of this new video....
