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There’s No “Lost Money” in Trade, Mr. President

On Sunday, President Trump took to Twitter to announce that he would more than double tariffs on $200 billion worth of Chinese goods. Indeed, he may introduce further tariffs beyond that. This is the latest shot in a trade war with China. On Monday, the president explained the underlying logic for this on Twitter. The…

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Brady: Border Adjustment Won’t Hurt Small Businesses

LISTEN TO TLR’S LATEST PODCAST: By Juliegrace Brufke House Ways And Means Committee Chairman Kevin Brady assured the border adjustment tax won’t hurt small businesses or lead to job losses during a discussion at the Conservative Political Action Conference Friday. Border adjustability, which would tax imports but not exports, is a key component of the House…

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French Socialist Presidential Candidate Wants Tax On US Imports If Paris Agreement Suspended

LISTEN TO TLR’S LATEST PODCAST: By Chris White A socialist presidential candidate in France has pledged to place confiscatory taxes on U.S. imports if the Trump administration pulls out of the Paris climate agreement. Manuel Valls, who is seeking the Socialist Party nomination, told reporters Monday that he would place a carbon tax on American…