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Most Recent Commentary

Trump Can Have Tariff Revenues or Re-Shoring, Not Both
Donald L. Luskin
RealClear Markets
Monday, September 15, 2025

Most Recent Media Appearance

The Unending Trump Tariff Mess
Wall Street Journal
Monday, February 23, 2026

The larger reality is that Mr. Trump is so bull-headed about tariffs that he’s going to re-impose them any way he can. Along with Section 122, he’ll fire up more Section 201, 301 and 232 (national security) studies and tariffs. But as our friend Don Luskin points out, these are pea shooters compared to the IEEPA tariffs the Court struck down. They are limited in scope and duration.