Tag: Tariffs
-
Mexico Tariffs Over a Caravan? Enforcement Is the Better Weapon.
Trump threatened to double Mexico tariffs unless Mexico stops a caravan of up to 2,000 migrants. He is right that the caravan must not reach the border. But fiscal 2026 apprehensions fell to about 98,700, and enforcement did that. A tariff on $534 billion in Mexican imports would mostly tax Americans.
-
How Do Tariffs Work? Who Pays and Where the Money Goes
How do tariffs work? A tariff is a tax on imports, collected by CBP and paid by the U.S. importer of record. Here is how duties are calculated, what the research says about who bears the cost, which laws let presidents set them after the Supreme Court’s IEEPA ruling, and where the money goes.
-
China’s Trade Truce Got Two More Months. The Tariff Wall Is Leaking.
China extended its pause on a 24% tariff on American goods for two more months, and Washington paused its port fees on Chinese ships. But Census data show imports from China jumped 66% between February and September while U.S. exports stalled near $9.6 billion a month. A two-month clock is no way to run trade…
-
The Trade Deficit Nearly Doubled in a Year. Read the Monthly Trend.
The September trade deficit was $105.0 billion, almost double a year ago. The year-to-date number looks good only because early 2025 was so bad. Here is the controller’s read.
-
Data Centers Are Carrying Construction. Everything Else Is Shrinking.
Construction spending fell 1.9% in September, missing forecasts, as home remodeling plunged 13%. Data centers and power projects are carrying the industry while nearly everything else shrinks. Here’s what Washington can fix.
-
Trump Says a Canada Trade Deal Is Close. Prove It After Tuesday.
Trump says the U.S. and Canada have “the concept of a deal,” Keystone XL included. Carney says teams will finish it in the coming weeks. Good. Now put real tariff numbers in writing after the votes are counted.
-
Factories Had Their Best Month Since 2021. Prices Are Still the Problem.
The ISM manufacturing PMI rose to 55.5% in October, and factory production hit its fastest pace since November 2021. But input prices rose for a 25th straight month, and most survey comments were negative. Here’s what Washington should learn.
-
Canada Wants Into Europe’s Club. Nobody Will Say What It Costs.
Canada just told the world it wants to get closer to Brussels than any country outside Europe ever has. At the end of a two-day summit in Montreal on Oct. 30, Prime Minister Mark Carney embraced Canada EU associate membership, calling it “the deepest possible partnership short of accession,” Politico Europe reported. However, there is…
-
Audi Picked Georgia. Tariffs Just Earned a Win.
Audi will build its first U.S. factory near Macon, Georgia: about $4 billion and 4,500 jobs. Tariffs helped make the case, but taxpayers should still watch the fine print.
Latest News
