Joseph Steinberg

@oren_cass @SteveMiran @howardlutnick @RealPNavarro

Solid WaPo editorial: "In the long run, tariffs don’t hurt American consumers because they cause inflation or tank the stock market; they hurt because they make it harder for people to get the things they want." washingtonpost.com/opinions/2025/…

The dairy propaganda machine is alive and well—and growing more desperate by the day. torontosun.com/opinion/column…

In notionally setting tariff rates according to trade imbalances & for diplomatic leverage, Trump's tariffs don't differentiate between friend & foe—making the US & its allies worse off, eroding economic power underpinning their collective military might.piie.com/blogs/realtime…

For three administrations in a row now, the US Trade Representative has been against trade.

I say the government shouldn't dictate which products that consumers can/cannot buy. If you want to boycott US liquor, that should be up to you as an individual consumer.

Are Canadians mean for choosing not the travel to the US? No, not really. Are we mean because our provinces ban the sale of US alcohol? On that front, I think that its long overdue to reverse the ban, and let Canadians choose where they want to buy their alcohol from

Just be clear, Jim, the usmca exemption means that the current effective tariff rate on Canada is less than 2%, far lower than the headline 25%. Going to a 35% headline would barely move the effective rate, still leaving us in a far better position than any other country.

Why is @fordnation calling for tit for tariffs when data shows they have harmed us, have had no impact on the US, most of our trade is CUSMA compliant, and we're in a better position than most countries. What's to be gained by pissing off Trump? ctvnews.ca/toronto/articl…

"It's not perfect and it's not good for some sectors, but overall it's the best deal for any country in the world that currently exists." But... "If that exemption goes away, we're in an Armageddon scenario." cbc.ca/news/canada/ta…

1. Doug Ford needs to sit down and shut up about tariff retaliation. The Canadian gov't paid for billboards in the US reading "tariffs are a tax on hardworking Americans." Those billboards are 100% correct. The logic behind them is universal---our retaliatory tariffs are taxes…

The China Shock thesis of a trade induced job crisis does not hold up under scrutiny. cato.org/blog/china-sho…

Would Americans be better off without Costco? Zephyr Teachout says yes. I say no. marginalrevolution.com/marginalrevolu…

Bessent says Aug. 12 China tariff deadline likely to be extended, talks planned in Stockholm cnbc.com/2025/07/22/bes…

Canada slapped 25% retaliatory tariffs on U.S. spirits and cleared them off the shelves. Sales plunged 65% in weeks. Trade wars don’t just hit producers, they hurt workers, small businesses, and consumers on both sides of the border. wsj.com/livecoverage/s…

The lesson of the China Shock is that the way to help Americans and US regions that are hurt by foreign trade is to allow them to transition to a different, more modern industrial structure and allow their service sectors to flourish. cato.org/blog/china-sho… ✍️ @jmhorp

Really tells you how confident they are about winning their IEEPA cases.

"In 2024, Canada’s top combined (federal and provincial) PIT rate was the fifth-highest among the 38 high-income countries, as illustrated in Figure 1 below. Our combined PIT rate is higher than Australia (17th), the United Kingdom (20th) and the U.S. (23rd)." — @FraserInstitute

"[N]either country may be playing entirely fairly. Regardless, Canada could view expanded access to foreign dairy not as a concession to the U.S., but as a benefit for Canadian consumers who pay higher prices for essentials like milk and butter."