All by John Hood

John Hood: 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 U.S., blaming those governments for failing to arrest the cross-border flow of illicit drugs and illegal immigrants.

Timely Read for Our Troubled Times

If you think what has made 2024 memorable is a chaotic political campaign featuring multiple assassination attempts, a first-ever switcheroo at the top of the ticket, and the second-ever election of an American president to non-consecutive terms in office, consider yourself a political junkie.