The Supreme Court’s recent decision striking down President Trump’s sweeping emergency tariff program wasn’t some vague procedural technicality. It was a direct constitutional confrontation over who has the authority to impose tariffs and how far a president can stretch an emergency statute to achieve economic policy goals. In Learning Resources, Inc. v. Trump, the Court…
The EU–Mercosur Trade Deal: Strategic Logic Meets Political Reality
Free trade agreements tend to be debated like theology: one side speaks of “prosperity,” the other of “betrayal,” and both sides cherry-pick numbers. The EU–Mercosur deal deserves a more sober appraisal, because it’s not just a trade pact. It’s an attempt to rewire supply chains, industrial strategy, and geopolitical alignment in a decade when tariffs…
America Doesn’t Need More Drama; It Needs Adults in the Room
If there’s a unifying theme in Washington lately, it’s this: everyone wants accountability, just not for themselves. Whether it’s a shaky ethics probe, a cell-phone-records carve-out, a D.C. National Guard face-off, or the Justice Department playing investigator of the investigators, the common thread is that too many leaders seem allergic to the hard work of…
Trump’s China Deal Brings Hope to America’s Heartland
Well, it looks like China’s back at the table and they’re hungry for soybeans again. According to Treasury Secretary Scott Bessent, China has agreed to buy 25 million metric tons of U.S. soybeans annually for the next three years. That’s music to the ears of American farmers who’ve been sweating through trade wars, droughts, and…
Trump’s 10% Tariff Threat Over Ontario’s Reagan Ad: Smart Leverage or Overreaction?
Sometimes it feels like President Trump is one headline away from dropping a tariff. This weekend’s flare-up with Canada proves the point. While flying aboard Air Force One to Malaysia, Trump posted on Truth Social that he’s planning to raise tariffs on Canadian goods by another 10%. The reason? A television ad from the province…
Tariffs as a Foreign Policy Tool: Strength or Strategic Overreach?
When President Trump announced plans for a 100% tariff on Chinese imports, the usual suspects on Wall Street gasped like they’d just seen the national debt clock explode. But while the markets hyperventilated, Main Street folks nodded and said, “Well, it’s about time somebody stood up to China.” And that’s the heart of the debate…
IEEPA or IEEP-Ain’t? The Supreme Court to Weigh Trump’s Tariffs
Earlier this year, President Trump invoked the International Emergency Economic Powers Act (IEEPA) to slap broad tariffs on imports from multiple countries. His reasoning was tied to what he declared as “emergencies”: drug trafficking, illegal immigration, and foreign nations playing unfair with U.S. trade. The logic was simple: if other countries were exploiting loopholes or…
Trump, Lisa Cook, and the Federal Reserve Soap Opera
Episode I: As the Fed Turns Last month, I wrote a piece about President Trump, the Federal Reserve, and their messy custody battle over “independence.” Well, the plot has thickened, and we’ve officially entered soap opera territory. Welcome to this week’s episode of “As the Fed Turns.” Here’s the recap: President Trump tried to fire…
When Numbers Mislead and Inflation Teases: A Look at the Economy, Tariffs, and Rate Cuts
Well, the economic tea leaves have been tossed on the table again, and they’re not exactly painting a crystal-clear picture. We just got a trifecta of reports: turns out job growth wasn’t nearly as strong as we were told, wholesale prices actually dipped a little (that’s the “good news,” though don’t break out the confetti…
Tariffs, Courts, and the Constitution
Last Friday, President Trump’s trade agenda ran into a major hurdle when a federal appeals court stepped in with a big ruling on his tariffs. Now, before we start celebrating, panicking, or running out to hoard beans and rice, let’s all take a breath. These things are rarely as simple as they first appear. What…