Tariffs Are for Losers

Colin Grabow at Cato: Most notably, a US International Trade Commission report that examined the tariffs … found that duties on steel and aluminum led to the protected industries (e.g., US steel mills) increasing their output by an average of $2.8 billion ($1.5...

Tariffs Don’t Make Sense

At the Competitive Enterprise Institute, Ryan Young notes that a 25 percent steel tariff caused steel prices to rise by 25 percent. It wasn’t just imported steel prices that went up. Domestic steel prices went up, too, even though the US government collects no tariff...

Reform “Buy American”

Colin Grabow, associate director at the Cato Institute’s Herbert A. Stiefel Center for Trade Policy Studies The next Congress should prioritize repealing or significantly reforming numerous Buy American–style laws that force the federal government to purchase American...

Tariffs and California

Levi Sumagaysay at CalMatters: Businesses that import goods into the country must pay the tariffs. They tend to pass on their increased costs to consumers, with some executives recently promising to do just that during their earnings calls. So economists largely view...

Presidential Tariff Power

 Sandler, Travis & Rosenberg, P.A: A new report from the Cato Institute argues that several laws authorize the president to impose tariffs on a wide range of imported goods without substantial procedural or institutional safeguards. … The report explains...