Opinion

New import taxes are a bad bet

During his 2024 campaign, Donald Trump promised sky-high tariffs on products from China and across-the-board taxes on imports from other countries. Now president-elect, Trump has already pitched the idea of levying 25% taxes on Mexican and Canadian imports to the US, blaming those governments for failing to arrest the cross-border flow of illicit drugs and...

John Hood

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Opinion

Give peace a chance — on trade

Former President Donald Trump has proposed an across-the-board tariff tax of 10% on all imports. How would such an increase in protectionist central planning affect our economy? Barry Goodwin suspects it would be disastrous. A William Neal Reynolds Distinguished Professor of Agriculture and Resource Economics at North Carolina State University, Goodwin wrote in a recent...

John Hood
Opinion

Trusting healthy North Carolinians to choose about reopening our economy 

The professional left’s work-equals-death argument is an irresponsible misrepresentation of the movement to reopen North Carolina’s economy, which has been devastated by state and local government mandated shutdowns and the resulting job losses and business closures.  The argument implies a profound lack of trust in our fellow North Carolinians to make wise decisions about themselves...

Amy Cooke
Opinion

Trade is always and everywhere reciprocal

There is a puzzling expression regularly being used by members of the Trump administration that, they argue, describes a major goal of their protectionist trade policies: “reciprocal trade.” The expression is troubling because, as an economist, I understand that all trade, by definition, is reciprocal. It is best to think of a trade as simply two parties...

Dr. Roy Cordato