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On Friday, August 15th, the U.S. Commerce Department added 407 HTSUS codes to the lists of steel and aluminum products subject to Section 232 tariffs. See Annex I. According to the Federal Register Notice, the steel and...more
The Realities of Free Trade - Many of our basic freedoms are guaranteed by the Constitution. Speech, press, assembly, religion: these are all accepted as sacrosanct rights by reasonable people across the political spectrum....more
Several fundamental conditions are widely presumed necessary for a country to enjoy the benefits of global trade. One condition is that import activity ought not exceed export activity. Put more simply, we must sell more...more
During the 2024 presidential campaign, Donald Trump repeatedly promised to impose tariffs on imports from Canada, Mexico, and China. This was widely viewed as a negotiating tactic, especially concerning Canada and Mexico, the...more