Sergio Martinez

1 week ago | fee.org | Sergio Martinez |Sergio Martínez

The legacy of Alexander Hamilton and Friedrich List. Two of the most influential voices against free trade in the late 18th and 19th centuries were American founding father Alexander Hamilton and German economist Friedrich List. Both championed a version of the “infant industry” argument, advocating temporary protectionist measures to foster domestic manufacturing in countries still lagging behind industrial leaders like Great Britain.

Mar 20, 2025 | fee.org | Sergio Martinez |Sergio Martínez

On March 9, Mexican President Claudia Sheinbaum called for a massive rally in Mexico City’s central square, the Zócalo, to celebrate her administration’s response to the latest US tariff disputes. El Financiero, a major Mexican newspaper, dubbed the event the Arancel-Fest, a play on the word arancel, meaning “tariff.”Why celebrate? Just days earlier, US President Donald Trump had taken a firm stance: there would be no reversal of the 25% tariffs imposed on imports from Canada and Mexico.