Adam Millsap
Contributor at Forbes
Senior Fellow at Stand Together Trust focusing on issues related to economic opportunity. Also a contributor @Forbes.com and #FreeCon signatory.
Articles
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21 hours ago |
forbes.com | Adam Millsap
President Trump has increased U.S. tariff rates to levels unseen since before World War II. While the precise economic impacts of these new tariffs remain to be seen, a new report warns they are likely to harm U.S. farmers. Trump’s new tariffs on steel, aluminum, autos, and other goods from countries across the globe are projected to raise the average effective U.S. tariff rate from under 3% to over 14%.
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1 week ago |
forbes.com | Adam Millsap
President Trump’s efforts to reduce the size of government and improve the federal regulatory process are getting plenty of attention, but he is not the only one with these goals. In states across the country, legislators and governors are taking steps to improve their regulatory environments. If done well, these reforms should make it easier for people to start and operate businesses, which will create jobs and boost economic growth.
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2 weeks ago |
city-journal.org | Adam Millsap
President Trump’s latest round of tariffs is generating considerable anxiety about the economy. Free trade proponents warned that this would happen—but now is not the time to gloat. Supporters of freer trade won’t get a seat at the table until they take Trump’s trade concerns seriously. Trump’s commitment to tariffs despite deteriorating economic conditions makes clear that short-term economic prosperity is not his top priority.
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1 month ago |
forbes.com | Adam Millsap
New Mexico is not known as an economic powerhouse. Despite being one of the sunniest states in the country, its population has hardly grown over the last decade. Meanwhile, the populations of its biggest neighbors—Arizona, Texas, and Colorado—have grown rapidly. Economic growth in the region follows a similar pattern, with New Mexico’s growth trailing its neighbors. In a new report, author’s Matthew Mitchell and Paul Gessing link New Mexico’s weak economy to its lack of economic freedom.
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1 month ago |
forbes.com | Adam Millsap
In a little more than six weeks President Trump has imposed tariffs on Canada, delayed them, imposed them again, and then delayed some of them, again. Currently, there are 25% tariffs on goods from Canada and a 10% tariff on energy products that fall outside the US-Mexico-Canada Trade Agreement (USMCA).
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Some criticism for @oren_cass about trying to bring assembly lines back from someone who actually did it. it https://t.co/bWPIOM915e
1/ Today's Understanding America, You're So Vain, You Probably Think This Post Is About You, takes a look at the bizarre social media reaction to this @FrankLuntz tweet and what it says about the blinkered innumeracy and elitism of reindustrialization's skeptics.
Many #manufacturers are worried #tariffs will destroy their business. Perhaps tariffs are not the best way to boost US #manufacturing. “If tariffs wipe out our income it’s akin to a 100% income tax. There’s no profit, no reinvestment & no sustainability" https://t.co/QtEQzOZ4YK
In my latest @Forbes piece I discuss the @DOGE-style initiatives and #REINS-Act style reforms that states are implementing to streamline government and boost economic activity. #Oklahoma #Florida #Utah #Wyoming https://t.co/bePfrflrs5
