August 10, 2018
| William Alan Reinsch, Jonathan RobisonTariffs are a source of government revenue, but nowhere near large enough to pay down the debt. After all, they will not come close to eliminating the federal budget deficit, which means they will not come close to paying down even one dollar of the national debt.
On July 25, President Donald Trump met Jean-Claude Juncker, the European Commission president, to diffuse an escalating trade war. They agreed to work towards zero tariffs, zero non-tariff barriers, and zero subsidies.
The United States Commission on National Security in the 21st Century (better known as the Hart-Rudman Commission) darkly concluded that “Americans will likely die on American soil, possibly in large numbers.”
Ultimately, a successful policy for our southwest border will need to confront the roots of the migration from Mexico and the Northern Triangle rather than merely seek to address only the symptoms of the problem.
April 5, 2018
| Mark L. SchneiderThe Eighth Summit of the Americas will take place in Lima, Peru, on April 13–14. Chief issues will include anticorruption (just weeks after Kuczynski’s resignation), U.S. relations, and the Venezuelan crisis.
The Trump administration has responded to China’s apparent Section 301 violations by imposing new tariffs, restricting Chinese investment in technologies, and launching a WTO case. China will almost certainly retaliate.