U.S. Commerce Secretary Wilbur Ross told CNBC on Tuesday that President Trump’s tariffs wouldn’t hurt American consumers, noting that because the price increase will be “spread over thousands and thousands of products, nobody’s going to . . .
On Monday the Trump administration announced that it would impose 10 percent tariffs on an additional $200 billion worth of Chinese goods—including many consumer goods which have been exempt until now. This rate will increase . . .
In 1993 President Bill Clinton promised that the North American Free Trade Agreement (NAFTA) would create “a million [American] jobs in the first 5 years.” He also said NAFTA’s “side agreements” would “make it harder . . .
Had I as many souls as there be stars, I’d give them all for Mephistophilis. ~Doctor Faustus Spectators claim that Satan himself appeared on stage during the opening performance of Christopher Marlowe’s play Doctor Faustus . . .
On July 15 President Trump tweeted: the European Union is America’s “foe” because of “what they do to us in trade.” The European Council President Donald Tusk frantically responded: Europe and America are the “best . . .
Adam Smith, author of An Inquiry into the Nature and Causes of the Wealth of Nations, considered the arguments made by today’s proponents of unilateral free trade and responded to them in print – more . . .
the wisdom of irony The Democratic People’s Republic of Korea (North Korea) is not democratic—it’s barely even a republic. The same goes for the Democratic Republic of the Congo, and the Lao People’s Democratic Republic . . .
Understanding Karl Marx on Free Trade What do David Ricardo, Ben Shapiro, and Karl Marx have in common? They’re all free traders. No, this is not a tongue-in-cheek jab designed to smear Ricardo or Marx. . . .
According to The Hill, a new study shows that “isolationist trade policies” could cut $2 trillion from America’s gross domestic product (GDP) by 2022. As such, President Trump’s tariffs will not make America great again—they . . .