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Tariffs

The CHIPS Act Is Corporate Welfare Disguised as Industrial Policy

July 28, 2022July 28, 2022 by Veronique de Rugy

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 …

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Categories Politics & Culture

How Trump’s Tariffs on Chinese Chemical Products Backfired

July 25, 2022 by Eric Bazail-Eimil

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 …

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Categories Politics & Culture

American Steelmakers Are Still Defending Trump’s Tariffs That Crushed Consumers

July 20, 2022 by Eric Boehm

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 …

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Categories Politics & Culture

America’s Fishing Industry Is Getting Caught Up in the Trade War

July 19, 2022July 19, 2022 by Eric Bazail-Eimil

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 …

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Categories Politics & Culture

How Tariffs Are Making Summer Fun More Expensive, Less Safe

July 18, 2022July 18, 2022 by Eric Boehm

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 …

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Categories Politics & Culture

FDA Finally Admits It Caused the Baby Formula Shortage

July 7, 2022 by Eric Boehm

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 …

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Categories Politics & Culture

Joe Biden’s Solar Panel Tariffs Are a National Security Threat, Says Joe Biden

June 7, 2022 by Eric Boehm

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 …

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Categories Politics & Culture

Tariffs Are Adding to Inflation. Biden’s Commerce Secretary Says Repealing Some ‘May Make Sense.’

June 6, 2022 by Eric Boehm

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 …

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Categories Politics & Culture

Can’t Find Baby Formula? Blame Tariffs and the FDA.

June 3, 2022 by Eric Boehm

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 …

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Categories Politics & Culture

Why Is Biden Still Limiting Imports of South Korean Steel?

May 26, 2022May 26, 2022 by Eric Boehm

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 …

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Categories Politics & Culture
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