by jpitney | Dec 14, 2024 | Economic Policy, Trade
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...
by jpitney | Nov 14, 2024 | California Politics, Trade
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...
by jpitney | Nov 3, 2024 | Taxes, Trade
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...
by jpitney | Oct 18, 2024 | Trade
Phil Gramm and Donald J. Boudreaux at WSJ: In 1875 the great British economist Alfred Marshall visited the U.S. to see whether protective tariffs fueled economic growth. Before his visit, Marshall thought the infant industry argument for tariffs might have merit....
by jpitney | Oct 5, 2024 | Economic Policy, Trade
Nathan Gardels at Noema: For all these divergent industrial strategies to succeed in the end depends largely on whether sustained nation-building investment outstrips the duration of protective measures that ought to be only a temporary respite from asymmetrical...
by jpitney | Jul 29, 2024 | Trade
Phillip W. Magness at Cato: James Madison viewed tariffs as necessary to raise revenue but was caught off-guard by early attempts to enact tariffs for industry protection. Alexander Hamilton and Henry Clay supported the use of tariffs to stimulate infant industries....
