Home » Posts tagged with » tariff

EU Backs Down After Trump Tariff Threat

EU Backs Down After Trump Tariff Threat

Saagar Enjeti | White House Correspondent The European Union has agreed to key trade concessions after President Donald Trump threatened to impose billions of dollars in tariffs on the bloc if they did not lower trade barriers, they announced Wednesday. The U.S. and EU will now enter into negotiations over a wide-ranging array of the […]

Protectionism: Trump’s Tariff-ic Attack on Your Wallet

Protectionism: Trump’s Tariff-ic Attack on Your Wallet

  by Thomas L. Knapp On January 22, US Trade Representative Robert Lighthizer fired the first shots of the Trump administration’s 2018 trade agenda: Tariffs of 30% on imported solar panels, and tariffs starting at 20% on imported residential washing machines. In the name of “protecting” jobs — “America First!” — the administration is dead-set […]

“National Security”: The Last Refuge of Vote-Buying Politicians

“National Security”: The Last Refuge of Vote-Buying Politicians

. By Thomas L. Knapp More than half a century ago, Congress passed the Trade Expansion Act of 1962.Since mid-April, US president Donald Trump has twice invoked one of the law’s nearly forgotten provisions, ordering Commerce secretary Wilbur Ross to investigate the possibility that steel and aluminum imports “threaten to impair the national security.” If […]

Beware of Trade Wars By Richard Eber

Beware of Trade Wars By Richard Eber

, By Richard Eber, California Political News and Views   When Donald Trump proposed that a 20% import border tax be imposed on imports of food, medicines, and manufactured goods from Mexico, a major red flag was raised by the American business community.  This was not about paying for the construction of a wall to […]

Should Trump Impose Tariffs on China and Mexico?

Should Trump Impose Tariffs on China and Mexico?

. By Robert W. McGee Should Donald Trump impose a 35% tariff on the importation of goods from China and Mexico as he proposes to do once inaugurated? The short answer, for two reasons, is NO. Reason number one has to do with utilitarian ethics. Nearly all studies conducted by unbiased economists have found that […]

The Problem with Donald Trump’s Version of “America First”

The Problem with Donald Trump’s Version of “America First”

By Thomas L. Knapp In March, an open letter from 121 Republican “national security leaders” characterized GOP presidential front-runner Donald Trump’s foreign policy vision as “wildly inconsistent and unmoored in principle,” swinging “from isolationism to military adventurism within the space of one sentence.” While it’s always wise to take proclamations from the people who brought […]