Trump’s Fed Problem Is Bigger Than Powell President Donald Trump has never been shy about calling out Jerome Powell. Now speculation is mounting that Trump might go even further by ...
Trump’s Optimum Tariff Strategy Is Working The textbooks warned us. They said if a country tried to impose tariffs, other countries would retaliate. A trade war would break out. Prices ...
The Optimum Tariff: The Idea Behind Trump’s Trade Strategy For decades, American elites have spoken of free trade as though it were a moral commandment engraved in stone—unquestionable, sacred, eternal. ...
Whiplash: Markets Rally as Trump’s Tariff Strategy Becomes Clear What looked like the start of a global financial panic turned into a show of strength from the White House and ...
How Should You Calculate a Reciprocal Tariff Anyway? The critics have a point, but they also miss the point. President Trump’s announcement last week of new “reciprocal” tariffs sent global ...
Wall Street Capitulates to Trump’s Tariffs It’s hard to say what finally broke Wall Street’s will. Maybe it was the retaliatory 34 percent tariff from Beijing, or the sight of ...
Tariffs Are Blooming in the Rose Garden President Trump is set to step into the Rose Garden tomorrow for what may be the most consequential economic announcement of his second ...
Consumer Sentiment Slumps, Consumer Spending Rises If you trust the surveys, we’re seeing the best of times and the worst of times. More Americans think we’re on the “right track” ...
Cato Comes for Kudlow on Inflation and Tariffs The notion that tariffs cause inflation has become a super-virus infecting the minds of President Trump’s critics, seemingly immune to the usual ...
Hard Data Trumps Soft Data and Media Narrative The financial press and sentiment surveys keep insisting that the U.S. economy is teetering on the brink of recession. But hard data ...
