Trade War Will Stimulate Chinese Innovation

Nathan Gardels at Noema writes of the unanticipated consequences of the trade war: … Keyu Jin, author of “The New China Playbook: Between Socialism and Capitalism,” points out that the tariff war will also result in reshaping China’s industrial structure, likely...

Jared Polis on Tariffs

Gov. Jared Polis, interview about tariffs in The Washington Post: The risk has delayed and canceled investments in manufacturing in Colorado and across the country. Nobody knows if they can even get the parts and materials they need. Nobody knows if they’ll be able to...

Trade Deficits

Michael Strain at AEI: If your goal is to reduce the trade deficit, then your goal must also be reducing flows of foreign investment into the United States. When the US consumes and invests more than it produces, it must be running a current account deficit. To...

Tariff Trouble

Kevin Corinth  and Stan Veuger at AEI: The tariff the United States is placing on other countries is equal to the US trade deficit divided by US imports from a given country, divided by two, or 10 percent, whichever rate is higher. So even if the United States has no...

The Lesson of the Pencil

New tariffs will increase the price of US-made cars because their parts come from other countries.  It’s not a new phenomenon, as Milton Friedman once explained with a pencil.