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🎙️ There are several errors, misconceptions, and confusing assumptions that went into the creation of Donald Trump’s new wealth-destroying tariff regime. Scott Lincicome explains a few of them. Listen to today's Cato Daily Podcast... cato.org/multimedia/cat… #CatoTrade

“America would be better off if more people worked in manufacturing.” • 80% of Americans agree • 20% disagree “I would be better off if I worked in a factory.” • 25% of Americans agree • 73% disagree • 2% currently work in a factory 👉🏻 cato.org/sites/cato.org…

When it comes to trade, other countries are quite literally sending us their best. Philip Hoxie 🇺🇸🇮🇱🇺🇦🇹🇼🇬🇪 explains why the US food trade deficit is nothing to fear... cato.org/blog/us-food-t… #CatoTrade

My new Capitolism @TheDispatch corrects tariff fans' odd claims that recent US financial market turmoil is unrepresentative of (or even good for!) the "real" US economy: "Actually, Wall Street (Kinda) Is Main Street" thedispatch.com/newsletter/cap…

"The core flaw in the USTR’s causal argument is that US shipping and shipbuilding firms aren’t merely uncompetitive with China; they’re uncompetitive with every country of maritime significance." ✍️ Colin Grabow... cato.org/sites/cato.org… #CatoTrade

🎙️ The so-called “Liberation Day” tariffs use emergency powers from a statute that makes no mention of tariffs. Ilya Somin explains why that’s one reason the tariffs are on shaky legal ground and why a new lawsuit is challenging them... cato.org/multimedia/cat… #CatoTrade

📺 Scott Lincicome discusses President Trump’s global tariffs on CBS Evening News... cato.org/multimedia/med… #CatoTrade

Rather than hurling tariff thunderbolts to get the attention of US trade partners, President Trump should invite them to negotiate free trade agreements (FTAs). ✍️ Colin Grabow… cato.org/blog/reciproca… #CatoTrade

It’s highly likely that whatever trade deals we get won’t be worth the economic pain we’re now facing and will pale in comparison to the slow, imperfect approach embodied in deals like the TPP. ✍️ Scott Lincicome... cato.org/commentary/rei…

"WATCH: An American Small Business-Owner Explains Why President Trump’s China Tariffs Are Catastrophic . . . Even If Cut in Half" cato.org/blog/forthcomi…

Even if the White House slashed the China tariffs to 50–65%, they would nevertheless continue to represent an unsustainable cost for American small businesses like Learning Resources, which makes educational toys. CEO Rick Woldenberg recently spoke with Scott Lincicome 👇

ICYMI 🧵: some clips of my recent chat w/ the CEO of Learning Resources abt how tariffs are quickly killing his family business:

WATCH: Scott Lincicome recently sat down with Rick Woldenberg, CEO of Learning Resources—a Chicago-based manufacturer of educational toys for young children—to discuss the impact of the Trump administration’s tariffs on his business. cato.org/multimedia/cat…

"How Trump’s Tariffs Are Destroying One US Business and Why Its CEO Is Suing to Stop Them" Key excerpts from my recent video chat with said CEO: cato.org/blog/i-sat-dow…

Higher prices during the Biden administration helped fuel President Trump’s 2024 victory, so it’s no surprise the American public is souring on the president’s tariffs as he marks 100 days in office. Clark Packard writes... cato.org/blog/polling-s… #CatoTrade

Many millions of Americans aren't dying to work in factories; many US manufacturing jobs aren't "good jobs" (esp. vs comparable services); & trade policy can't restore a mid-century US industrial workforce. My latest Capitolism @TheDispatch explains: thedispatch.com/newsletter/cap…