If there’s one issue that reliably unites Americans across the political spectrum, it’s this: prescription drugs cost too much. Whether you’re paying out of pocket, dealing with insurance headaches, or watching premiums creep higher every year, the system feels expensive, opaque, and—at times—downright unfair. So, when President Trump steps in with a bold proposal like…
When Oil Prices Rise, Do “We” Actually Make Money?
During a recent discussion about rising energy costs, President Trump offered a characteristically blunt assessment of the situation. The United States, he argued, is now the world’s largest oil producer, so when oil prices go up, “we make a lot of money.” On the surface, that sounds logical enough. If you sell something and the…
SCOTUS Draws a Hard Line on Tariffs
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…