Tag: auto industry

Tariff Mirage: Why Protectionism Won't Save American Manufacturing

Tariff Mirage: Why Protectionism Won't Save American Manufacturing

The appeal of tariffs is seductive. We support the promise of safeguarding American manufacturers from foreign competition! It provides an opportunity to strengthen domestic supply chains and reshore jobs, more important now than ever in a world of rising economic uncertainty. As a journalist steeped in the nuances of trade...

Shielding America: The Case for Strategic Tariffs on Autos and Pharma

Shielding America: The Case for Strategic Tariffs on Autos and Pharma

The global economy is a labyrinth of rapidly shifting interrelated markets. As a dominant small-c coastal power, the United States needs to be careful how it sails these waters in order to protect its interests. We have a largely overlooked but powerful tool at our disposal—tariffs, or taxes on imported...

Trump Hints at Forthcoming Tariffs on Autos, Pharma Amid Trade Policy Jitters

Trump Hints at Forthcoming Tariffs on Autos, Pharma Amid Trade Policy Jitters

President Donald Trump announced Monday that tariffs targeting automobiles, pharmaceuticals, and other industries would be revealed soon, creating uncertainty in international trade relations. He delivered his comments at a Cabinet meeting earlier this week. This came just hours after he released a different plan to slap 25% tariffs on every...