Aluminum Tariff Follies

The sordid reality of modern U.S. trade policy.

Assessing Claims About Who Pays Tariffs and Whether They Preserve Jobs

Trump adviser Stephen Miller made several false or misleading claims.

On ‘Making Things’

Promoting manufacturing isn’t as simple (or desirable) as it might sound.

Japanic! at the Steelco

U.S. Steel gives American protectionists just what they wanted … good and hard.

The System Keeps Working (and the Alternative Is Predictably Failing)

‘Weaponizing globalization’ is a lot harder than it sounds.

Fatigue Is a Political Strategy

And ‘Buy American’ isn’t much of a strategy at all.

The UAW (and Bidenomics) vs. Economic Reality

How policy fuels a needless conflict that may have no long-term winners.

What Skeptics Get Wrong About ‘Globalization’

Spoiler: almost everything.

Trump’s Global Tariff Idea Is Obviously Terrible. Biden Helped Make It Possible.

The president has fought to maintain his predecessor’s policies.

The Jones Act, Explained

Analyzing the effects of a century-old maritime shipping law.

Everything You Think You Know About ‘Offshoring’ Is (Probably) Wrong

It can boost American capacity, jobs, and—most importantly—innovation.

What Most People Don’t Understand About U.S.-China ‘Decoupling’

Especially the folks most aggressively urging it.

Enough Already With the Toddler Economics

A good outcome doesn’t mean good economics, regardless of what you call it.

Popular Nonsense

Our polarization is bad, but bipartisan consensus can be worse.

Electric Vehicles and the Unintended Consequences of Industrial Policy

A plan to subsidize EV purchases has angered trading partners and might be bad for the environment.