It's a familiar program. And it will result in higher prices, slower growth, and fewer jobs.
China and the U.S. are locked in a mutually destructive economic conflict.
Many politicians offer a simplified view of the world—one in which government interventions are all benefits and no costs. That couldn't be further from the truth.
Economists Gene Epstein and David Friedman debated how best to persuade people to become libertarians at the Porcupine Freedom Festival.
The legislation—which was introduced in response to the derailment in East Palestine, Ohio—pushes pet projects and would worsen the status quo.
If the FTC wants to know why there's such a notable lack of competition within America's baby formula market, it ought to ask other parts of the federal bureaucracy.
Hawley might call them "tariffs on China," but that's obvious nonsense: Tariffs are paid by Americans.
The ideology champions the same tired policies that big government types predictably propose whenever they see something they don't like.
"If there is freedom, private property, rule of law, then Latin Americans thrive," says the social media star.
The House passed a resolution that will reimpose tariffs on solar panels from China, while the EPA sits on applications for carbon capture technology that may soon be mandatory.
Annual inflation fell to 5 percent in March, the lowest mark in two years.
Excessive government interference in the market hurts consumers and thwarts policy goals. It also gets in the way of the government itself.
Huh, what a wild coincidence.
It would result in shortages, decreases in productivity, and higher production costs affecting millions of American workers and nearly every consumer.
American companies and consumers "bore nearly the full cost of these tariffs because import prices increased at the same rate as the tariffs."
Joe Biden could take advantage of the expanded executive authority over trade that Donald Trump helped create.
'The Principles Should Endure': Sen. Pat Toomey on Fusionism, Tariffs, and What's To Blame for FTX's Collapse
After two terms in the Senate as a champion for free markets and limited government, Pennsylvania's Republican senator is heading into retirement.
Unless Congress takes action, those tariffs will return on January 1. And the baby formula shortage hasn't yet passed.
Businesses are all in favor of competition, tax cuts, and deregulation only until they aren't—meaning only until subsidies might benefit them.
The senator from Florida calls for tariffs on imported fruits and vegetables.
Tariffs are a regressive tax that have driven inflation higher and harm poorer families the most.
If you believe that moving most of our chip production onshore is good for national security, you should labor for regulatory reforms rather than subsidies.
Tariffs were supposed to make American chemical products more competitive. They made Chinese products more competitive instead.
Any gains seen by the steel industry from tariffs have been overshadowed by the losses for downstream companies and higher prices for consumers.
Seafood prices have gone up by double digits as tariffs and inflation drive up costs for consumers
The U.S. International Trade Commission will hear from businesses harmed by tariffs at a hearing on Thursday.
The agency is now taking small steps to allow foreign formula manufacturers to import their goods into the U.S.
America's Founders Raged Against Qualified Immunity, Trade Restrictions, and Anti-Immigrant Policies
Hey, we're still mad about those things today!
Removing tariffs could save American households $800 this year. What is the White House waiting for?
Biden should stop layering new, contradictory orders into the market and simply get government out of the way.
Tariffs imposed by President Donald Trump and kept in place by President Joe Biden are costing consumers $51 billion annually.
This crisis is the result of protectionism, regulation, and central planning.
Biden's top trade adviser says tariffs must be "strategic," but what strategic value do tariffs on South Korean steel serve?
Markets work if you let them. The Biden administration and Congress should remove supply restraints on baby formula that never made any sense in the first place.
Plus: The editors each point out one key disagreement they have with one another.
Plus: The Pro-Choice Caucus thinks choice is a harmful word, trade restrictions worsened the baby formula shortage, and more...
Why do we have tariffs on imported formula in the middle of a shortage?
Protectionist policies stymie trade and make Americans poorer.
How a Tiny Solar Company in California Might Convince Biden To Sabotage America's Whole Solar Industry
Tariffs requested by an "artisanal solar boutique" based in San Jose might jeopardize 45,000 jobs and halve America's future solar panel deployments.
Biden says reducing prices is his "top priority" but his economic agenda suggests the opposite.
China ended up buying fewer American goods over the past two years than it did before the trade war started, despite promises from both sides to increase trade.
Nothing new under the sun as Biden decides to extend Trump's solar panel tariffs for four more years.
Those who demand a revival of antitrust regulation to "promote competition" may not realize that they're inciting a revival of cronyism to suppress competition.
Plus: College students and speech, state-funded pre-K fail, and more...