Former member of the Federal Reserve Board, Stephen Miran, did not waste much time post-government to come out publicly in favor of tariffs. In a June 28th thread on X, Miran made the market case for tariffs – centered on the “optimal tariff,” failed economic models, and revenue tariffs to curb or cut taxation.
U.S. beef prices continue to climb, with May 2026 prices already 22% above January 2025 levels. This is a serious cost-of-living issue for American families, but it is also a crisis signal for the beef industry.
New bill protects American agricultural markets from further import displacement with inflation-indexed specific duties — assessed against volume, rather than declared value — as well as new tariff-rate quotas to stop further displacement towards imports and give farmers and ranchers certainty.
New report finds nearly one in five dollars of diverted Chinese trade is being rerouted back into the U.S. market through third countries.
One year after Liberation Day, the most aggressive tariff escalation since 2018, the United States collected just half of what its own policy prescribes.
USTR says the U.S. goods deficit with China fell 46 percent. But the goods didn’t stop coming — importers just declared them worth less. Treating customs “value” as an appraisal hides the undervaluation now driving the numbers.
Subsidies across 15 key industrial sectors have reached their highest levels relative to revenue since the 2008-2009 global financial crisis, according to an OECD study published June 1.
President Trump might be fine with upending the United States-Mexico-Canada Agreement (USMCA) ahead of the July 1 review deadline, but the House Agriculture Committee is not.
China is quietly making a move on one of America’s most critical industrial materials — copper. Texas is helping them do it.
This week, Scott Lincicome marked the 250th anniversary of The Wealth of Nations by recruiting Adam Smith into the free-trade lobby’s war on American tariffs. It’s a clever conscription, but it depends on erasing the most important fact about Smith’s world: when Smith attacked “mercantilism,” he was attacking a system America’s founders also rejected — and replaced with something Smith never imagined.
