Wall Street’s Overblown Tariff Fears Not Based in Reality
Investors’ panic is misguided—history proves President Trump’s tariffs boost investment, jobs, and long-term American prosperity.
Rechenberg: Iowa Farms Have Suffered from Years of Free Trade Failures
Agriculture has long been a key part of Iowa’s economy. But the state is now facing escalating trouble, including the loss of more than 26,000 family farms since 1982.
Tariffs and Trade Have Little Impact on Inflation
The evidence is clear: neither tariffs nor the surge of imports from trade liberalization have had a significant effect on inflation, positive or negative.
New Federal Reserve Study Confirms Low Inflation Impact for Trump Tariff Proposals
The study confirms that even President Trump’s most substantial tariff increases have a minimal impact on inflation, leading to a small total cumulative price increase, likely spread out over several years.
Free Trade Agreements Have Damaged U.S. Agricultural Trade Performance
Decades of free trade agreements have led to a record $39 billion agricultural trade deficit in 2024, undermining the broader U.S. agricultural industry.
U.S. Faces Record Agricultural Imports, Worst Trade Deficit in History
The United States is now on pace to reach a $39 billion agricultural trade deficit in 2024 amid all-time record imports.
New Steel Trade Measures Needed as Import Issues Impact Additional Plants
The continued influx of ever cheaper steel imports, particularly steel rebar and steel wire rod, is posing a serious threat to U.S. steel producers.
U.S. Manufacturing’s Shrinking Share of GDP and How to Catch Up
U.S. manufacturing has fallen from 21-25% of GDP in 1950s to about 10% today. The decline is worse than the average of first world developed countries. The result is an unbalanced economy excessively dominated by services and imports.
Keynes’ Support for Broad Tariffs
Keynes believed that free trade could exacerbate domestic unemployment and economic imbalances and argues for the use of tariffs and trade protections to safeguard national industries, preserve employment, and promote the balance of trade.
Quotas Can Work Better Than Tariffs to Reshore Production
Tariffs are becoming widely accepted by U.S. politicians and policymakers as an important tool for maintaining and rebuilding our industrial economy. But quotas, a related tool, can sometimes work better to restrain imports and encourage growth in domestic production, investment and jobs.
