The author, a former governor of the Reserve Bank of India and chief economist of the International Monetary Fund, is Professor of Finance at the University of Chicago Booth School of Business. As ...

With the presidential election weeks away and still looking like a true toss-up, we face the very real prospect of a second Trump administration. With that in mind, it makes sense to ask how Trump's ...

President Donald Trump issued his executive order on regulating imports via "reciprocal tariffs" on April 2, which has been paused, substantially amended, or walked back in the two weeks since, ...

Many analysts have interpreted Trump’s protectionist stance, and the United States’ imposition of tariffs, as economically irrational. If the liberal motto was once that “under free trade everybody ...

The U.S. Supreme Court has struck down protectionist state wine and liquor laws on the grounds that they illegally discriminated against out-of-state wineries and out-of-state alcohol retailers. Yet ...

If we look closely at the history of trade, we see that it is far from beautiful. Today, free trade is as commonplace as the air we breathe, but most of modern history was dominated by protectionist ...

TOPSHOT - An employee operates on a forging with protective gear at the Framatome Creusot forge, in Le Creusot, central France on March 3, 2023. - As she visited the Framtome site, the French Minister ...

Ford CEO Jim Farley has a question about President Donald Trump’s threatened tariffs on imports from Mexico, Canada, and China: Why stop there? Farley said in a conference call Wednesday that Trump’s ...

Gold prices were poised to settle above $2,900 an ounce Monday for the first time ever with demand for the safe-haven metal "increasing as anxiety grows over the potential impact of the new U.S.

Herbert Hoover signed the retaliatory Smoot-Hawley Tariff Act of 1930, and it only made the Great Depression worse. Mark Benedict Barry Library of Congress Protectionism doesn’t work, and history ...