Together, faster economic growth and increased numbers of Americans earning higher incomes led to increased individual tax collections.
Tariffs make superior offers less desirable for buyers by making them more costly.
You simply can’t make people better off by removing options from them.
Two cases of government obstructions at the border.
Mounting debt and rising inflation are driving Turkey’s financial crisis.
The only way to win a trade war is not to fight one.
Government interference neglects the nuance of trade.
We’re not talking about the World Cup here, but Russia’s challenge to Trump’s steel and aluminum tariffs.
Whatever his latest rhetoric, Trump has helped show that—just as economists feared—the idiocy of trade protectionism is contagious.
My report A Trade Policy for a Brexited Britain, published by the Institute of Economic Affairs last month, had a short section on EU tariffs. I gave the example of how in October last year EU tariffs on orange imports were quintupled from 3.2 percent to 16 percent. This example has been challenged by...
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