Cato Trade
@CatoTrade
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The Herbert A. Stiefel Center for Trade Policy Studies at the @CatoInstitute | #CatoTrade, #EndTheJonesAct, and #CatoGlobalization
Washington, D.C.
Joined August 2013
Courts should reach the same conclusion on President Trump's Section 122 tariffs as they did with the IEEPA tariffs, but more promptly. @clark_packard and @stanveuger explain... https://t.co/EwOVZdwqX9
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If the Jones Act must be suspended to address national security emergencies, why do we keep it in place during times of peace? Why keep it around at all? @cpgrabow writes... https://t.co/GfyMzNjQBN
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Waiving the Jones Act would increase domestic energy movements, which would mean fewer market distortions and more competitive pricing at the margin. A full repeal would provide benefits far beyond oil and fuel. Learn more from Cato’s @cpgrabow. https://t.co/pWt5Cwbirz
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🚀 Musk, Dwarkesh & Collison sat down over Guinness to map out AI’s biggest roadblocks - solar compute, robotics, power bottlenecks & more. Labelbox joins the convo to show how top teams train AI that scales. Watch now.
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Then there are the tariffs. As of today, every new home in America comes with a hefty "tariff surcharge" - totaling thousands of dollars - due to an array of taxes on imported construction materials and home appliances. /3
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Regardless of whether the United States remains indispensable to the global economy, international trade is still happening—and it is happening increasingly without the United States. James Bacchus writes... https://t.co/4f83fRWYS4
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Last week, the Court of International Trade (CIT) delivered a victory for US importers that paid the “emergency” tariffs that the Supreme Court recently invalidated. Unfortunately, the companies’ fight may just be getting started... https://t.co/vRnmkqi3Sv
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If the Jones Act must be suspended to address national security emergencies, why do we keep it in place during times of peace? Why keep it around at all? @cpgrabow writes... https://t.co/GfyMzNjQBN
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NEW from me & @CatoInstitute colleagues, a deep-dive primer on IEEPA tariff refunds and what probably (unfortunately) comes next: "Sore Losers at the Supreme Court: The Government Doesn’t Want to Pay Back Unlawful Tariff Money After All" https://t.co/jHI5Jkd11d
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Longer piece w/@stanveuger: Trump’s New Tariffs Are Also Illegal - The 1974 Trade Act was designed to counter long-gone problems.
foreignpolicy.com
The 1974 Trade Act was designed to counter long-gone problems.
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In advance of tonight's State of the Union Address, some @CatoInstitute tariff facts: 1) Studies show Trump's tariffs are overwhelmingly paid by US companies & consumers, raising the overall price level (CPI/PCE) by a little less than 1 ppt https://t.co/YAuzZ34Wwt
#CatoSOTU
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Follow-up from me on @BBCNews If companies now have to sue to get their money back, that’s a policy choice and not an administrative impossibility. The government knows who paid these tariffs and how much. It’s in a database. Refunds have been done before.
“No playbook” is not accurate. CBP routinely issues duty refunds when tariffs are withdrawn, reduced, or ruled unlawful. The government knows who paid and under which tariff lines. The scale here is small compared to normal IRS refund operations.
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WATCH: @scottlincicome discusses his @WSJ article, “It’s the End of the Beginning of the Tariff War,” on the @WSJopinion podcast...
cato.org
February 23, 2026
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“Today’s Supreme Court ruling reinforces a basic constitutional principle: emergency powers are not a blank check for economic policymaking,” says @KyleLHandley. Learn more from Cato scholars: https://t.co/E43KKpHPZh
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As if there wasn't enough going on, my deep dive into Trump's "state corporatism" also dropped today in @CatoInstitute's flagship mag. Hope you'll give it a read (preferably over a post-SCOTUS celebratory drink). https://t.co/EW5wOoKAx7
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Today's Supreme Court ruling is a victory for the rule of law and the constitutional principle that Congress—not the president—holds the power to broadly tax imports, says Cato’s Clark Packard, reacting to the court's ruling against President Trump’s tariffs. Learn more from
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The IEEPA tariffs modestly increased revenue but did not meaningfully improve the government’s long-term budget outlook. @adamnmichel and @SantiagoForster write... https://t.co/wwKsb4nCgW
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The court’s decision is welcome news for American importers, the US economy, and the rule of law, but there’s more work to be done, says Cato’s @scottlincicome, commenting on the SCOTUS ruling against President Trump’s tariffs. Learn more from Cato scholars:
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SUNDAY: @NatlGovsAssoc Chair Gov. Kevin Stitt (@GovStitt), Arizona Democrat @RepGregStanton, @CatoInstitute Vice President @scottlincicome and our Best in the Business panel of journalists join @ChrisStirewalt on The Hill Sunday. đź“ş Tune in at 10a/9C on @NewsNation and @TheCW.
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Following the Supreme Court’s 6–3 ruling against President Trump’s use of emergency powers to implement widespread tariffs, Cato Institute scholars released statements on the decision: https://t.co/vNYic5OnYQ
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