Protectionism and Free Trade

This SCOTUS ruling is a refreshing rebuttal limiting executive branch power to implement President Trump’s troublesome tariffs by executive order through IEEPA.

Politicians claim that trade deficits are due to the lack of trade barriers. However, as Ludwig von Mises explained, one cannot separate trade and sound money, especially when the current edition of the US dollar is declining in value relative to what it can buy.

Do not be surprised if the audience’s applause to Rubio's speech turns out to be short lived. He offered nothing new and much that would result in less security for its members.

Ultimately, eliminating tariffs is a submission to a fundamental truth: the wealth of a nation does not come from stifling global trade.

Jim Beam has been making whiskey for a long time, through thick and thin. But the Trump tariffs have shut down the venerable distillery.

One of the justification that the White House gives for its onerous tariffs is that they will stop the “offshoring” of American jobs and lead to greater job growth here. That scenario has not and will not ever come to fruition.

For more than 60 years, the US government has enforced a trade embargo against Cuba, ostensibly to force the communist government into collapse. The only thing that has collapsed, however, is the logic in the US policy.

For more than 60 years, the US government has enforced a trade embargo against Cuba, ostensibly to force the communist government into collapse. The only thing that has collapsed, however, is the logic in the US policy.

Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.

Once again, the Trump administration’s “dealmaking” on international trade has blown up, this time pulling the rug from under US soybean farmers. This isn’t the first trade policy fiasco, nor will it be the last.