Trade expert calls on Trump to eliminate all tariffs

Trade expert calls on Trump to eliminate all tariffs

Spread the love

A trade expert is calling on President Donald Trump to eliminate all tariffs after the president exempted more than 200 food products to reduce consumer prices.

Even after the exemptions, Trump has defended his use of broad tariffs, which he says will bring back lost manufacturing jobs and shift the income tax burden away from Americans. However, with consumers facing higher prices at the grocery store, Trump took action Friday he said will reduce prices for Americans. For months, Trump and the White House have insisted tariffs wouldn’t affect prices.

Scott Lincicome, the vice president of general economics at the Cato Institute, said Trump didn’t go far enough to help consumers.

“The administration’s reduction in U.S. tariffs would be a welcome relief for American consumers and the economy more broadly, but let’s not kid ourselves here: The administration imposed these same tariffs just months ago, insisting they would not raise consumer prices. Many other unilateral tariffs remain in place, imposing similar harms on American families and companies,” he said.

Lincicome said frequent changes to tariffs make planning a nightmare for businesses. He called for Trump to eliminate all tariffs.

“The constant tariff changes make planning budgets, payrolls, and investments all but impossible,” he said. “And, as last week’s Supreme Court proceedings demonstrated, the tariffs’ legality is dubious at best. The best course of action here – for consumers, companies, the US economy, and the world – is for the administration to eliminate all of these tariffs, instead of sporadically nixing a few of the most politically sensitive ones because economic reality dared to intrude on their misguided trade adventurism.”

Trump defended his tariffs on Monday and said he would send tariff dividends to Americans in late 2026. That would likely need congressional authorization. Early estimates also suggest the proposed tariff rebate checks would cost more than the import taxes generate in revenue.

Earlier this week, White House spokesman Kush Desai told The Center Square that the groundwork for the tariff exemptions was laid back in September and additional exemptions are not expected.

“The Trump administration is committed to pursuing a nimble, nuanced, and multi-faceted strategy on trade and tariffs,” he said. “President Trump’s tariffs are levelling the playing field for American workers and securing trillions in investments to make and hire in America, and Americans can rest assured that our America First trade strategy will continue to help restore American Greatness.”

Trump upended global trade earlier this year by imposing a 10% base tariffs on imports from every country, plus additional specific nation-specific rates.

A legal challenge to Trump’s authority to impose tariffs without Congressional approval remains pending before the Supreme Court. Justices appeared skeptical of the broad tariff authority Trump claimed during oral arguments in the case on Nov. 5.

A Congressional Budget Office report from August estimated tariffs could bring in $4 trillion over the next decade. That CBO report came with caveats and noted that tariffs will raise consumer prices and reduce the purchasing power of U.S. families.

Events

No events

Leave a Comment





Latest News Stories

Screenshot 2025-09-23 at 8.31.05 PM

Second Solar Farm with Battery Storage Proposed in Green Garden

Article Summary: A second, separate commercial solar project has been proposed in Green Garden Township by Turning Point Energy, adding to residents' growing concerns about farmland being converted for energy...
Meeting-Briefs-1

Meeting Summary and Briefs: Green Garden Township Board for September 8, 2025

The Green Garden Township Board meeting on September 8 was dominated by major developments concerning two separate large-scale solar farm proposals and a dramatic, last-minute reversal on grant funding for...
Joliet-Junior-college.-Graphic-Logo.3

JJC Moves Forward with Major Technology Overhaul to Modernize College Operations

Article Summary: The Joliet Junior College Board of Trustees received a detailed update on a sweeping Enterprise Resource Planning (ERP) project, a major initiative designed to modernize the college's core...
Joliet-Junior-college.-Graphic-Logo.2

Meeting Summary and Briefs: Joliet Junior College Board of Trustees for August 20, 2025

The Joliet Junior College Board of Trustees focused on a major technological overhaul, celebrated milestones in student support, and addressed internal governance issues at its regular meeting on August 20,...
Joliet-Junior-college.-Graphic-Logo.4

Tensions Flare as JJC Chairman Rebukes “Entitlement” After Trustee Lists Demands

Article Summary: Apparent tensions on the Joliet Junior College Board of Trustees surfaced during its meeting on Wednesday, August 20, 2025, when one trustee requested to be returned to "good...
Meeting Briefs

Meeting Summary and Briefs: Green Garden Township for August 25, 2025

The Green Garden Township Board held a workshop meeting on August 25, 2025, with the agenda dominated by a detailed presentation of a new draft Land Use Plan. The Plan...
DOJ urges federal judge to strike down climate change law

DOJ urges federal judge to strike down climate change law

By Chris WadeThe Center Square The Trump administration is asking a federal judge to invalidate a New York law that seeks to punish fossil fuel companies for their alleged role...
WATCH: Newsom deploys state police to help local law enforcement

WATCH: Newsom deploys state police to help local law enforcement

By Dave MasonThe Center Square New California Highway Patrol teams will work with local law enforcement to fight crime in Los Angeles, San Diego, Sacramento, the San Francisco Bay Area,...
Appeals court rejects Trump's tariffs, but leaves them in place

Appeals court rejects Trump’s tariffs, but leaves them in place

By Brett RowlandThe Center Square A federal appeals court said Friday that President Donald Trump doesn't have the authority to issue blanket tariffs, in a blow to the president's domestic...
Denver Public Schools accused of violating Title IX

Denver Public Schools accused of violating Title IX

By Esther WickhamThe Center Square The U.S. Department of Education for Civil Rights announced this week that Denver Public Schools' policies on “all-gender” facilities violate Title IX. The department's Office...
Poll: 41% of parents worried about school safety before Minneapolis shooting

Poll: 41% of parents worried about school safety before Minneapolis shooting

By Morgan SweeneyThe Center Square Four in 10 parents of K-12 students are worried for their children’s safety at school, according to a new Gallup poll. The poll was collected...
Report: Offshore wind critics played role in Revolution Wind work stoppage

Report: Offshore wind critics played role in Revolution Wind work stoppage

By Tom JoyceThe Center Square Offshore wind opponents in the fishing industry helped shape the Trump administration’s decision to halt work on the Revolution Wind project, a $4 billion development...
Nevada governor addresses statewide cyberattack

Nevada governor addresses statewide cyberattack

By Liam HibbertThe Center Square Nevada Gov. Joe Lombardo spoke publicly for the first time on a cyberattack that shut down government websites and kept state employees at home, four...
Illinois quick hits: Mine manager pleads guilty; Johnson issues food executive order

Illinois quick hits: Mine manager pleads guilty; Johnson issues food executive order

By Jim Talamonti | The Center SquareThe Center Square Mine manager pleads guilty A former Franklin County mine manager has pleaded guilty to conspiring to defraud the U.S. Mine Safety...
Op-Ed: Chicago-area transit needs an intervention, not another fix

Op-Ed: Chicago-area transit needs an intervention, not another fix

By Brad Weisenstein | The Center Square contributorThe Center Square If Illinois were a family, it would have 1,313 siblings – its cities, towns and villages. One of them is...