Supposedly, this is all going to revive domestic manufacturing. But the evidence for that is slim, and it wouldn’t happen overnight—especially not without other policies. At a basic level, tariffs make stuff more expensive.
Answers to key questions.
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Donald Trump has championed tariffs as a way to revive American manufacturing. But without a real industrial strategy, Catalyst editor Vivek Chibber argues, they’re little more than a handout to capital.
The immediate task is to address delinking from the United States and the American Empire. This is not about aiming for a nationalist form of sovereignty but one based on collectively and democratically determining what kind of society we want.
The incoming president and his Bitcoin-loving acolytes want to turn the government into their personal ATM.
President-elect has threatened to levy tariffs on goods from Canada, Mexico and China, which can burden businesses and boost consumer prices
Your stock portfolio may grow. But say goodbye to next year’s raise—and maybe even your job. Donald Trump’s election provides a useful occasion to examine the difference between what rich people want and what constitutes a thriving economy.
If the US president-elect’s efforts to eliminate America’s trade deficit succeed, real-estate prices in Miami and Manhattan will crash, the cost of servicing government debt will skyrocket and the Dow Jones will plummet.
Newspaper headlines have called Donald Trump’s victory “decisive,” “massive,” “resounding,” “historic,” and “sweeping.” None of those things are true. Recent public opinion polls reveal that Trump’s professed policy agenda is very unpopular.
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