by jpitney | Dec 19, 2025 | Economic Policy, Taxes, Trade
Don Wolfensberger: It was one thing to think that tariffs on foreign imports was a foreign policy issue, not directly affecting average Americans. It was quite another to realize it was really a tax on goods purchased by U.S. businesses and consumers. While both...
by jpitney | Oct 24, 2025 | Canada, Reagan, Trade
Ronald Reagan, Radio Address to the Nation on the Canadian Elections and Free Trade Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/253108 This week, as we prepared for Thanksgiving, Canada held an...
by jpitney | Oct 15, 2025 | China, Economic Policy, Trade
Lingling Wei and Gavin Bade at WSJ: In its trade standoff with Washington, Beijing thinks it has found America’s Achilles’ heel: President Trump’s fixation on the stock market. China’s leader, Xi Jinping, is betting that the U.S. economy can’t absorb a prolonged trade...
by jpitney | Oct 11, 2025 | China, Trade
Vivian Wang and Keith Bradsher at NYT: As the trade war between the United States and China kicked back into high gear after a period of tentative détente, it was clear just how vast the gulf of misunderstanding between the two superpowers had become. President Trump...
by jpitney | Sep 6, 2025 | Economic Policy, Trade
Wall Street Journal: Nearly all of the new jobs last month were in social assistance and healthcare (46,800), which rely on government spending. Industries with high tariff exposure shed workers, including manufacturing (-12,000) and wholesale trade (-11,700)....
by jpitney | Sep 5, 2025 | Economic Policy, Reagan, Trade
Forty years ago, President Reagan said: My own feeling is that protectionism just leads to a restraint in trade and a lowering of prosperity for everyone involved. And I know in our own Great Depression back in the early thirties, I believe that depression was...
