The CHIPS Act Is Corporate Welfare Disguised as Industrial Policy
Industrial policy is making a comeback. For those of you under the age of 50, this is just another term for corporate welfare—a lovely name for the unlovely practice of …
Industrial policy is making a comeback. For those of you under the age of 50, this is just another term for corporate welfare—a lovely name for the unlovely practice of …
When the Trump administration implemented tariffs on Chinese chemical companies in 2018, administration officials said tariffs would make American chemical companies more competitive. But industry groups told regulators last week …
To hear lobbyists from the steel industry tell it, President Donald Trump’s decision in 2018 to impose 25 percent tariffs on foreign steel is just about the only thing keeping …
The American fishing industry is caught in the middle of the ongoing trade war between the U.S. and China—hooked by tariffs imposed on both sides of the Pacific. As a …
Tariffs aren’t merely making summer fun more expensive—they are also making it potentially more dangerous too. “Life Saver is not a misnomer,” writes Neil Mooney, an attorney representing Life Saver …
The Food and Drug Administration (FDA) has finally determined what’s to blame for America’s recent shortage of baby formula. The FDA. More specifically, it’s the FDA’s unnecessary and protectionist rules …
It’s not every day that you see a president declare some of his administration’s own policies to be a national security risk. But that’s exactly what President Joe Biden did …
Tariffs raise prices. That is literally the thing they do. Politicians often try to obscure that basic fact by talking about tariffs’ second-order effects. They say that applying taxes to …
President Joe Biden has invoked the Defense Production Act and ordered the U.S. military to fly pallets of baby formula into the country from Europe. But if the federal government …
A day after President Joe Biden indicated that he might consider lifting some of the tariffs that former President Donald Trump imposed on imports from China, the White House’s top …