More Tariff Pain

 Ana Swanson and Alan Rappeport at NYT: Washing machines, refrigerators and other common household appliances made with steel parts will soon be subject to expanded tariffs, the Commerce Department said Thursday. The department said in a notice that levies would take...

Failed State Update: Overview

Dan Walters at CalMatters: The disappearance of inter-party competition means Democrats have been free to implement their responses to multiple issues spawned by the state’s economic and cultural complexity — such things as erratic water supply, low-performing public...

Failed State Update: Overview

Allysia Finley at WSJ: California is losing jobs—54,800 during the first three months of this year. Valero this month announced plans to close a major refinery, portending gasoline shortages and price spikes. Insurance and electricity rates are soaring. Fifty-four...

Congress and Tariffs

Don Wolfensberger at The Hill: The first tangible sign of bipartisan pushback to the president’s tariffs occurred in the Senate where Sen. Tim Kaine (D-Va.) introduced a bill to undo the 25 percent tariff against Canadian goods. On April 3, that measure passed, 51-48,...

Understanding the Effects of Tariffs

Understanding the Effects of Tariffs By Kyle Pomerleau | Erica York Abstract We provide an overview of the major implications of tariffs on the economy, federal revenue, and households. Tariffs do not directly affect the trade deficit, which is driven by net lending...