Tariffs

The Supreme Court is right to reject Trump’s tariffs

At a rally in Georgia on Thursday night, President Trump declared that he couldn’t wait “forever” for the Supreme Court to rule on the legitimacy of his sweeping tariff policy. Whether or not the court was listening to his complaint, forever arrived today as it handed Trump a thumping defeat. It struck a blow not only for fiscal but also political sanity. Government intrusion upon the free enterprise system is bound to prove inimical to prosperity and liberty The language of the ruling was as lapidary as it was persuasive. “President asserts the extraordinary power to unilaterally impose tariffs of unlimited amount, duration and scope,” Chief Justice John Roberts wrote in the

Trump’s Greenland caper will heighten inflation

On February 24, Donald Trump will deliver the first State of the Union speech of his second term as president. That impending date goes a long way toward explaining Trump’s avidity for annexing Greenland – sooner rather than later – as the centerpiece of his program for restoring an American golden age of imperial power. Nothing would please Trump more than to be able to declare mission accomplished when he addresses Congress in February. Far from backing away from the issue, Trump, who will travel to Davos next week, is doubling down. He seems convinced that he can cow European leaders into submission, but the more he badgers them, the

Greenland