U.S. Commerce Secretary Wilbur Ross told CNBC last week that President Trump's tariffs wouldn't hurt American consumers, noting that because the price increase would be "spread over thousands and thousands of products, nobody's going to actually notice it at the end of the day." Needless to say, poor Ross was summarily tarred-and-feathered by
The Trump Administration last week announced it would impose 10 percent tariffs on an additional $200 billion worth of Chinese goods—including many consumer goods that have been exempt until now. The rate would increase to 25 percent by year's end. China responded by imposing new tariffs on $60 billion worth of American goods.
President Trump announced this week he would levy 10 percent tariffs on some $200 billion worth of Chinese goods. The tariff is scheduled to take effect on September 24, and is slated to increase to 25 percent by year's end. Of course, China pledged to retaliate with tariffs of “equal scale and equal
Ask any Democrat why they support open borders and invariably they will respond with one of two pre-packaged answers: because "diversity is our strength" or "we need immigrants to pay for our pensions." The first argument is a sham: if liberals valued diversity they would welcome conservatives to college campuses and tolerate them
In 1993, President Bill Clinton promised that the North American Free Trade Agreement (NAFTA) would create "a million [American] jobs in the first five years." He also said NAFTA's "side agreements" would "make it harder than it is today for businesses to relocate solely because of very low [Mexican] wages or lax environmental
Alex Nowrasteh is many things. He is the Cato Institute’s senior immigration policy analyst. He is a self-described “radical” open borders advocate. And he is Tucker Carlson’s punching bag. But most importantly, Alex Nowrasteh is Procrustes: Procrustes boasted his inn’s bed was the most comfortable in Greece, fitting all men regardless of their
Remember when Bill Kristol said the Iraq War would last two months? It (officially) lasted nine years and cost Americans more than $2 trillion—and we’re still there. How about when Kristol boldly stated that Barack Obama wouldn’t win a single primary against Hillary Clinton? Or when he claimed Iraq was “not in a
Spectators claim that Satan himself appeared on stage during the opening performance of Christopher Marlowe’s play Doctor Faustus (1588). The grizzly specter, it was said, drove men mad with fear. Some in attendance wanted to demolish the theater, while others wanted to hang Marlowe for his occult summoning. In spite of the controversy
President Trump earlier this month told CBS News that the European Union is America’s “foe” because of “what they do to us in trade.” The European Council President Donald Tusk frantically responded: America and the EU are best friends. Whoever says we are foes is spreading fake news. — Donald Tusk (@eucopresident) July
Harley-Davidson on Monday announced that it would move production for its European customers overseas, in order to avoid the European Union’s (EU) new import duties. President Trump slammed the move and accused the company of raising the “white flag” of economic surrender on Twitter. Surprised that Harley-Davidson, of all companies, would be the
