Topic

Tariffs

67 articles 2016–2018

Understanding the Economics of Trump's Trade War

Jim Prevor · July 18, 2018

The New York Times recently ran an article, "How Much Will the Trade War Cost a Typical American Family? Around $60 (So Far)", that shows how broad is the misunderstanding of President Trump’s tariffs. Roughly speaking the article added up the cost assuming everybody keeps buying from China. But…

Flake Gets His Tariff Vote

Haley Byrd · July 11, 2018

Jeff Flake’s personal trade war, waged with hopes of imposing congressional oversight over President Donald Trump’s unilateral national security tariffs, could move closer to a resolution this week.

Jeff Flake Has a Plan

Haley Byrd · June 26, 2018

The retiring Arizona senator wants to force a vote limiting Trump's trade authority, and he's using his leverage over judicial nominations.

Trump's Trade War Really Might Be Easy to Win

Irwin M. Stelzer · June 25, 2018

Trump knows when to hold ‘em and knows when to fold ‘em, knows when to walk away and knows when to run, as Kenny Rogers advised all poker players. He was holding a losing hand when it came to handling the children brought to America illegally by mothers crossing the border illegally, so he folded…

White House Watch: Release the Bolton!

Michael Warren · March 23, 2018

Long before John Bolton was named Donald Trump’s National Security Adviser, the president often trusted the Fox News contributor over his own national security team. On July 17, when President Trump reversed himself at the last minute on his plan to recertify the Iran deal, it was thanks to an…

The Facebook Apology Tour

TWS Podcast · March 22, 2018

Today on the Daily Standard Podcast, managing editor Christine Rosen and deputy online editor Jim Swift discuss Facebook's apology tour, the coming trade war, and the Trump-Biden boxing match.

The Heavy Price of Metal Tariffs

Tony Mecia · March 16, 2018

Glenn Sherrill’s company buys steel. Tons and tons of steel. So much steel that his grandfather put the word in the company’s name when he started it. In the last 60 years, family-owned SteelFab has grown from a small maker of ornamental handrails in Charlotte, N.C., to a large metal fabricator. It…

The Protectionist's Protectionist

Michael Warren · March 16, 2018

This is Peter Navarro’s moment. The gadfly economist, whose idée fixe is America’s capitulation to China on trade, joined the Trump administration on Day One, heading up the National Trade Council, a new office created by the new president. But for the first 13 months, Trump did little to advance…

Editorial: Congress Can Stop the Tariffs—and Should

The Editors · March 12, 2018

President Donald Trump’s decision last week to impose stiff tariffs on steel and aluminum—25 percent and 10 percent, respectively—rivals in sheer unpopularity the president’s early-2017 travel ban. Many of this nation’s chief trading partners lobbied against the tariffs—Canada, South Korea, Japan,…

White House Watch: Kim Jong-un and Trump?

Andrew Egger · March 9, 2018

Could we be on the brink of a thaw in U.S. relations with North Korea? The Trump administration is hoping so in the wake of a shocking message South Korean officials brought from North Korean dictator Kim Jong-un on Thursday: that Kim is “committed to denuclearization,” that the North will refrain…

Trump Signs Tariffs

Andrew Egger · March 8, 2018

President Trump signed a controversial order implementing heavy tariffs on imported steel and aluminum Thursday, calling the action “a matter of necessity for our security” and saying it would help to revitalize fading American industry.

White House Watch: The Tariffs Are Coming

Andrew Egger · March 8, 2018

President Trump’s controversial plan to impose tariffs on imported steel and aluminum is about to become a reality, as Trump reportedly wants to sign the order establishing the new policy as early as Thursday afternoon.

Editorial: Navarro Proposal Takes Cronyism to a New Level

The Editors · March 7, 2018

President Trump’s recent decision to slap huge new tariffs on imported steel and aluminum is certain to wreak havoc on the American economy. So we argued last week when the decision was announced: Tariffs often make plenty of political sense but penalize domestic industries no less than foreign…

Trump's Tariff Proposal Violates His Own Trade Doctrine

Dave Juday · March 7, 2018

President Trump recently announced he would impose a new across-the-board tariff on all steel and aluminum imports into the United States. That was the harshest of three tariff options outlined by the Department of Commerce in a trade investigation report presented to the president.

Sanford: Tariffs Are an 'Experiment with Stupidity'

Haley Byrd · March 6, 2018

THE WEEKLY STANDARD had the chance to talk to South Carolina Republican Mark Sanford about President Donald Trump’s proposed steel and aluminum tariffs, which would tax imports at 25 percent and 10 percent, respectively. Sanford, who has represented the state’s 1st District since 2013, ardently…

All Trump's Trade Wars

Irwin M. Stelzer · February 27, 2018

To ask coherence of President Trump is to ask too much of a man with the attention span of a tweet, and for whom cognitive dissonance is not something he spends nights losing sleep over. So we have had large tax cuts, putting money into the pockets of consumers, which will enable them to increase…

Trump Sticks It to U.S. Consumers

The Editors · January 26, 2018

On January 22, President Trump announced the imposition of a 30 percent tariff on imported solar panels and a 20 percent tariff on imported washing machines. The Trade Act of 1974 allows the president to impose duties when an imported product becomes “substantial cause of serious injury” to the…

Editorial: Trump's Tariffs Punish Consumers and U.S. Allies

The Editors · January 24, 2018

On Tuesday, January 22, President Donald Trump announced the imposition of a 30 percent tariff on imported solar panels and a 20 percent tariffs on washing machines. Section 201 of the Trade Act of 1974 allows the president to issue duties when an imported product becomes “substantial cause of…

Didn't Republicans Use to Believe in Free Trade?

Colin Grabow · January 9, 2018

While U.S. politics have witnessed any number of distressing trends in recent years, one of the more disturbing is the decline in support among Republicans for free trade. The rise of Donald Trump, who regularly blamed American economic ills on China and trade deals such as the North American Free…

There Is Nothing 'Free' About Our Trade With China

Irwin M. Stelzer · November 13, 2017

When President Trump talks tough on trade to one or several of our “partners,” he is being rude and wrecking the world trading system—in the words of the New York Times, adopting a “starkly unilateralist approach.” Yet when he politely raises America’s problems with that system in private, praises…

Get to Know Section 232

Irwin M. Stelzer · June 24, 2017

Just when it looked as if the professionals in the Trump administration had taken over administration of trade policy, leaving the president to handle the rhetoric, someone in the Trump camp recalled that some 70 years ago—in 1947—23 nations signed the General Agreement on Tariffs and Trade (GATT),…

The Solar Power Market Is Under Threat‐‐From One of Its Own

Ike Brannon · June 9, 2017

In April, the American solar manufacturer Suniva filed a petition under Section 201 of the Trade Act of 1974, asking the U.S. International Trade Commission for new tariffs on solar cells and the establishment of a minimum price for solar modules imported into the United States. Last month, the…

Retaliation Nation

Irwin M. Stelzer · May 19, 2017

There is something dispiriting about the debate over trade policy, and the problem does not lie with Donald Trump, or his tweets, or his on-again, off-again threats to various trading partners, or his fickle choice of partners to head the negotiating queue: EU to the front, Brexiting Britain to the…

Chilly Trade Winds

John McCormack · January 30, 2017

Shortly after noon on January 20, America's newly installed president issued a declaration of war against global free trade. "We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs. Protection will lead to great…

Chilly Trade Winds

John McCormack · January 27, 2017

Shortly after noon on January 20, America's newly installed president issued a declaration of war against global free trade. "We must protect our borders from the ravages of other countries making our products, stealing our companies, and destroying our jobs. Protection will lead to great…

Anyone? Anyone? Smoot-Hawley?

Jay Cost · June 10, 2016

"I'm going to be your champion," Donald Trump declared after he won the California primary last week. "I'm going to be America's champion. Because, you see, this election isn't about Republican or Democrat. It's about who runs this country, the special interests or the people—and I mean the…