The Illogic of Protectionism

Michael Strain at AEI: Protectionists can appeal to intuitive economic logic. Tariffs are a tax on imported goods, but not on domestically produced goods. By increasing the relative price of imported goods, price-sensitive consumers will substitute away from imports....

Civility and the Ross Brothers

Mark Z. Barabak at LAT:  Jim Ross has had a long and fruitful career as a Democratic campaign strategist. Among his victories was electing Gavin Newsom as San Francisco mayor. Tom Ross has enjoyed similar success on the Republican side. He counts Kevin McCarthy’s...

The Tariff Power

Tony Romm and Ana Swanson at NYT: A federal appeals court ruled on Friday that many of President Trump’s most punishing tariffs were illegal, delivering a major setback to Mr. Trump’s agenda that may severely undercut his primary source of leverage in an expanding...