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...
by jpitney | Sep 2, 2025 | Economic Policy, Trade
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....
by jpitney | Aug 30, 2025 | Constitution, Economic Policy, Judiciary, Madison, Taxes, Trade
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...
by jpitney | Aug 24, 2025 | Disabilities, Trade
Chase DiBenedetto at Mashable: Adaptive products — often “one of a kind” tech — are considered niche, despite their necessity for swaths of people globally. At large, assistive technologies can be in a regulatory limbo for years before they get into the...
by jpitney | Aug 18, 2025 | Trade
Steven Greenhouse at The Guardian: The president and his aides insist that higher tariffs on more than 100 countries – making goods imported from overseas more expensive – will spur domestic manufacturing. “The ‘Made in USA’ label is set to resume its global dominance...