End Emergency Tariffs
Trade policy, with all its consequences, belongs within the limits Congress established, not at the discretion of one officeholder.
Trade policy, with all its consequences, belongs within the limits Congress established, not at the discretion of one officeholder.
President Javier Milei’s clear victory on Sunday, October 26, over the opposition in the midterm elections, where he obtained almost 41% of the vote to 31% of the Peronists, was greeted with market euphoria.
Biden’s pandemic-era Obamacare premium subsidies were sold as temporary relief but have instead produced fraud, phantom enrollees, and subsidies for wealthy taxpayers who don’t need them.
To be clear, Trump is not pursuing traditional socialism, where the means of production are owned by the state. Nor is he trying to copy exactly China’s state capitalism—but he is applying its methods with what the Journal calls “American characteristics.”
What Will It Take for Congress to Admit Obamacare Has Failed?
The child who became a radical activist for freedom that day cried out in defiance against injustice.
Tariffs distort market signals that would otherwise lower costs, raise competition, and motivate reinvestment.
Milei’s victory is significant for two reasons.