Blog
The week in regulations, shutdown edition: Medicare payments and arms trafficking.
The Supreme Court held oral hearings for the V.O.S. Spirits tariff case. Former Vice President Dick Cheney passed away. Democrats had a very good election…
Blog
The week in regulations, shutdown edition: Student loans and foreigners’ biometric data
President Trump announced a trade deal with China. The Federal Reserve cut interest rates. The continued federal shutdown meant another slow week in the Federal…
News Release
Interest rates cut again, Fed to stop shrinking balance sheet in December: CEI analysis
Today, the Federal Reserve announced an interest rate cut of 25 basis points, in line with economists’ predictions. CEI senior economist Ryan Young…
Fox Business
Federal Reserve faces dilemma amid expected rate cut decision
FOX Business cited CEI’s expert on inflation data The latest inflation data from September released on Friday showed that the consumer price index…
Washington Examiner
No excuse for price floors in rare earths dispute
Parents don’t tolerate “But they do it, too” as an excuse from their children. What about when adults in positions of power use it? That…
Blog
Rare earths and China: Choose deregulation, not price controls
Treasury Secretary Scott Bessent threatened to implement price controls on unspecified goods if China continues to restrict rare earth mineral exports. Over at the…
Blog
The week in regulations, shutdown edition: Visa fees and regional haze
President Trump demanded that the Justice Department pay him $230 million. He also cut off all trade negotiations with Canada because of a tv commercial…
News Release
Inflation increased 0.3 percent in September, higher prices still sticking around: CEI analysis
September saw an inflation increase of 0.3 percent across all sectors, in line with economists’ predictions. CEI senior economist Ryan Young says today’s…
The Washington Examiner
Soybean farmers twisting in the wind during US-China talks
The Washington Examiner cited CEI’s expert on trade Accordingly, the timeline for the U.S. and China to come to an agreement over soybeans is…
Blog
The week in regulations, shutdown edition: Mackerel and helicopters
The continuing shutdown made for another slow week in the Federal Register. The four-day week’s total of five proposed regulations, six proposed regulations, and 131…
Blog
A Nobel for human progress
This year’s economics Nobel Prize went to three students of the two most important questions in economics: Why have living standards in rich countries improved…
Blog
The week in regulations, shutdown edition: Pot gear and hot air fuel
Venezuelan democracy activist Maria Corina Machado won the Nobel Peace Prize. The partial federal shutdown meant there were no proposed regulations and five new regulations…
Trib Live
‘We’re stretching’: As grocery prices continue to climb, shoppers redefine their staples
Trib Live cited CEI’s expert on Tariffs “Tomatoes from Mexico are being hit with a 17% tariff,” Ortega said. “In the cold months, we’ll…
Blog
The week in regulations: Poultry improvement and painful scars
The federal government shut down on Wednesday. Thursday’s Federal Register had 60 final regulations; normal is about 10. Defense Secretary Pete Hegseth flew in hundreds…
Citation
Unknowns cloud economy’s future despite return to growth and rate cut
The National News Desk cited CEI’s expert on tariffs “Both consumers and businesses in a rush to beat tariffs have been stockpiling as many goods…
Blog
The week in regulations: Airplane seats and Irish potatoes
President Trump signed an executive order to effectively end the H-1B visa category for high-skilled immigrants. He also raised tariffs on pharmaceuticals, argued without evidence…
Blog
New tariffs for pharmaceuticals, furniture, and trucks
On the night of September 25, after markets closed, the Trump administration announced on social media that a new bevy of tariffs will take…
Blog
The week in regulations: Sausage colors and patriotic education
The Federal Reserve cut interest rates. Attorney General Pam Bondi threatened to prosecute hate speech. ABC pulled late night host Jimmy Kimmel off the air…
News Release
Fed independence is the real story in Wednesday’s interest rate decision: CEI analysis
Today, the Federal Reserve announced it is cutting interest rates by 25 basis points, the first cut in nine months. CEI senior economist…
Blog
The week in regulations: Date taxes and manifest mailing
Political commentator Charlie Kirk was killed while speaking at an event. While the Producer Price Index went down in August, the Consumer Price Index climbed…
News Release
New downward revision for jobs numbers not surprising: CEI analysis
Today, the Bureau of Labor Statistics announced that there were 911,000 fewer jobs between March 2024 and March 2025 than previously reported. While this…
Blog
The week in regulations: Coachella air quality and yogurt vitamins
The Federal Register, which tracks daily regulatory activity, has become less transparent. Jobs numbers for August were disappointing and actually shrank in June for…
News Release
August adds 22,000 jobs, June and July numbers revised downward: CEI analysis
The jobs report for August shows a meager gain of 22,000 jobs, with the unemployment rate and the labor force participation rate remaining relatively…
News Release
Federal court strikes down President Trump’s emergency tariffs: CEI analysis
On Friday, a federal court struck down President Trump’s emergency rationale for enacting worldwide tariffs. CEI senior economist Ryan Young applauds the court’s decision.
Blog
The week in regulations: Deepwater ports and ASCII relays
A court ruled President Trump’s Liberation Day tariffs unconstitutional. The case now moves to the Supreme Court. Countries around the world stopped shipping parcels to…
Blog
The week in regulations: Bird hunting and food coloring
The Federal Register’s website became less transparent about rule counts and other data. President Trump threatened to send the military into a third city. The…
News Release
US/EU trade agreement underwhelms: CEI analysis
As a follow up to last month’s US/EU trade agreement that set 15 percent blanket tariffs on EU exports to the US (among other provisions), today…
News Release
Possible US government stakes in chip manufacturers threatens executive overreach: CEI analysis
The Trump administration’s announcement of possible US government stakes in chip manufacturers that receive CHIPS Act funding raises concerns about concentrated executive power. In response,…
Blog
The week in regulations: Import paperwork and postal possession
The 2025 Federal Register topped 40,000 pages. President Trump met with Vladimir Putin in Alaska. The Producer Price index rose at its fastest level since…
News Release
Latest Producer Price Index numbers show a 0.9 percent increase, tariffs to blame: CEI analysis
July’s Producer Price Index (PPI) numbers show a 0.9 percent increase in final demand prices, up 3.3 percent over the past 12 months. CEI…
The Washington Examiner
Biggest immediate change for Fed under new chair likely to be tone shift
The Washington Examiner cited CEI’s expert on inflation Ryan Young, a senior economist at the Competitive Enterprise Institute, pointed out that the new chair would…
News Release
Trump’s pick for Bureau of Labor Statistics should update data collection methods, not play politics
CEI labor and economy experts say President Trump’s nominee to head the Labor Department’s Bureau of Labor Statistics should improve data collection for jobs and…
Blog
July CPI: Inflation still above target, politicized clouds on the horizon
Today’s CPI report is not apocalyptic, but still concerning. This is in line with expectations. The CPI rose 0.2 percent during July, and 2.7…
Blog
The week in regulations: Blue food coloring and pipeline recordkeeping
The Liberation Day tariffs took effect on August 7. The president continues to announce new tariffs on pharmaceuticals, semiconductors, and more. Republicans are proposing gerrymandering…
Blog
The week in regulations: Nuclear coolant and medical food
President Trump’s Liberation Day tariffs are set to take effect on August 7 for countries he did not strike deals with. He is also ending…
News Release
July adds 73,000 jobs to the economy, major downward revisions for May and June’s numbers: CEI analysis
The economy added a modest 73,000 jobs in July, with major downward revisions for May and June triggering alarms about the state of the…
News Release
Interest rates not budging, Fed to focus on inflation not stimulus: CEI analysis
The Federal Reserve announced today that they are holding steady on interest rates in a continued effort to combat inflation. CEI senior economist…
The Washington Times
Flurry of huge trade deals bury Trump tariff doubters
The Washington Times cited CEI’s expert on tariffs Mr. Trump says his immediate predecessors didn’t understand the power of tariffs for creating revenue and leverage in…
News Release
GDP grew by three percent in the second quarter of 2025: CEI analysis
The GDP grew by three percent in the second quarter of 2025, marking a return to growth after first quarter shrinkage. CEI senior economist…
Blog
Rail merger does not create monopoly
Union Pacific has proposed buying Norfolk Southern in what would be the largest railroad merger in history. Regulators have not yet approved the merger. The…
Blog
EU tariff agreement could be worse, still not the final word
In January, Americans paid an average tariff of under 5 percent on European products. Similar to his recent Japan agreement, President Trump’s new agreement…
Blog
The week in regulations: Cable TV and paper straws
Ozzy Osbourne, Hulk Hogan, and Chuck Mangione passed away. President Trump issued an Executive Order on artificial intelligence and announced a tariff deal with Japan.
News Release
CEI experts react to White House AI Action Plan
Today, the White House released “Winning the Race: America’s AI Action Plan”, a multi-faceted policy document intended to help the United States keep its…
News Release
President Trump announces 15 percent tariff on Japanese goods: CEI analysis
Last night, President Trump announced a trade deal with Japan that included a 15 percent tariff on Japanese goods, including cars, entering the US. CEI…
Blog
New bill would repeal the Jones Act
Over at the National Interest, Paige Lambermont and I take a look at the Open America’s Waters Act from Sen. Mike Lee…
Blog
The week in regulations: Subsistence fishing and electric borrowers
Regulators focused on cleaning up mining regulations this week, with more than 20 rules revised or rescinded. Inflation crept upward as tariff-related price increases worked…
The Hill
5 things to know about the latest inflation report
The Hill cited CEI’s expert on Trumps tariffs and inflation Additionally, many of Trump’s tariffs apply to component parts rather than finished consumer goods. The…
News Release
Inflation increased in June, tariff troubles likely cause: CEI analysis
Inflation rose 0.3 percent across all sectors in June, marking the beginning of Trump’s tariffs’ effect on prices. CEI senior economist Ryan Young…
Blog
The week in regulations: Deep seabed mining and recreational gulf gag
A massive flood in Texas killed at least 120 people. President Trump announced new 50 percent copper tariffs which will take effect on August 1.
Blog
The week in regulations: Farmer training and approving fireworks
Tuesday’s Federal Register contained 105 proposed regulations and 86 final regulations. Much of it was regulatory cleanup for railroads, pipelines, and mining. The reconciliation bill…
News Release
June added 147,000 jobs to economy, increase in discouraged workers: CEI analysis
The jobs report for June showed an increase of 147,000 jobs in the economy, exceeding economists’ expectations. An increase in discouraged workers and a…
Blog
The week in regulations: Nuclear fees and unintentional otter injuries
The possible war with Iran did not escalate. The reconciliation bill debate continued, as did presidential pressure on the Federal Reserve to lower rates. U.S.
News Release
Report Urges Congress to End Boondoggle Green Subsidies Now
Congress has a golden opportunity now, during final negotiations over the budget, to wipe out green subsidies passed back in 2022 as part of the…
Study
End IRA Subsidies Now
Introduction “The first lesson of economics is scarcity,” wrote economist Thomas Sowell. By contrast, “The first lesson of politics is to disregard the first lesson…
Daily Calller
Social Security Now Headed For Insolvency Even Sooner Than Expected
Daily Caller cited CEI’s experts on Social Security spending Congress can’t keep dodging entitlement reform. Social Security’s $28 trillion in unfunded liabilities is about the…
Blog
The week in regulations: FAA ethics and Postal Service justice
Social Security will go bust in 2033. War with Iran is a real possibility. The Federal Reserve held interest rates steady, as expected. It is…
News Release
Fed keeps interest rates steady, uncertainty over tariffs still looms: CEI analysis
The Federal Reserve has decided to keep interest rates steady in its goal to lower overall inflation. While there have been fewer shakeups in…
Blog
The week in regulations: CAFE standards and Christmas tree promotions
Israel launched a military strike against Iran. US Senator Alex Padilla was detained for trying to ask a question at a Department of Homeland Security…
News Release
Consumer sentiment rebounds in first reading for June: CEI analysis
University of Michigan’s consumer sentiment report showed a rebound in its first reading for June, likely due to slower-growing inflation and a calmer-than-expected month…
News Release
Inflation increased 0.1 percent in May, less severe than previous months: CEI analysis
Today, the Consumer Price Index report for May showed inflation increased across all sectors by 0.1 percent, compared to 0.2 percent in April. CEI…
News Release
Trump’s trade negotiations with China put US at disadvantage
U.S. Commerce Secretary Howard Lutnick is immersed in trade talks with China in London this week, hoping for a resolution to conflicts over restrictions and…
Blog
The week in regulations: Paper packaging promotion and bridge conditions
President Trump ordered National Guard troops to deploy against American citizens. Agencies issued new regulations ranging from hot air balloons to authorizing ski areas. On…
News Release
Economy adds 139,000 jobs in May, labor market growth slows: CEI analysis
May added 139,000 jobs to the economy, with the unemployment rate staying unchanged at 4.2 percent. Trump’s policies, namely his mission to shrink the…
Blog
The week in regulations: Low-moisture human foods and grass promotion
Lots of transportation-related regulatory cleanup this week. Friday alone had 47 proposed rules, most of them to repeal obsolete regulations. Two courts struck down Trump’s…
Blog
Life is made of trade
If I hadn’t become an economist, I might have found happiness as an evolutionary biologist. The two ways of thinking have a lot in common.
News Release
Trump’s IEEPA tariffs overturned by international court, setting up Congress to reclaim taxing powers: CEI analysis
Last night, the Court of International Trade overturned the tariffs that President Trump implemented under the International Emergency Economic Powers Act (IEEPA). CEI senior economist…
News Release
Report offers trade reform blueprint for Congress
President Trump’s Liberation Day trade tariff policies are failing, just as economists predicted. What can stop the tariff-imposed pain of higher prices, fewer choices, and…
Blog
New CEI paper: How to break the trade blockade
Today is release day for a new CEI paper by Kent Lassman, Iain Murray, and me, Trade Under Blockade: Navigating a Global Trade War.
Blog
The week in regulations: Postage prices and outdoor burning
Former President Joe Biden announced a cancer diagnosis. The House passed a big spending bill. A political activist murdered a young Jewish couple. Agencies issued…
Study
Trade Under Blockade
Introduction President Donald Trump threw the world trading system into disarray with his “Liberation Day” announcement on April 2, 2025. The principles behind the General…
News Release
Newly announced tariffs on EU and Apple will harm U.S. economy, raise costs for consumers
This morning, President Trump announced a 50 percent tariff on the European Union starting on June 1 and a 25 percent tariff on iPhones…
Blog
Tariffs and the anchor heuristic
It feels like President Trump is cutting tariffs. He has agreed to tariff deals with China and the UK, and he paused his biggest Liberation…
National Review
The Tariff Roller Coaster Is Playing Tricks on You
It sure feels like President Trump has reduced tariffs. The recent China deal cut tariff rates from 145 percent to 30 percent, and de minimis tariffs…
Blog
The week in regulations: Flight safety and organic pet food
Qatar’s government gave Trump a $400 million jumbo jet that he can use after leaving office. The US and China agreed to lower their tariffs…
News Release
Consumer sentiment down nearly 30 percent, tariffs and inflation to blame: CEI analysis
Consumer sentiment is down nearly 30 percent according to an April survey conducted by the University of Michigan. CEI senior economist Ryan Young…
News Release
Producer Price Index fell by 0.5 percent in April, price increases and lower demand likely cause: CEI analysis
The Producer Price Index for April shows the seasonally adjusted final demand fell by 0.5 percent. CEI senior economist Ryan Young says the…
Blog
Record tariff revenue is no match for record spending
Tariffs raised a record $16.3 billion of tax revenue in April, according to the Wall Street Journal. Averaged out over a whole year, this…
Newsweek
Did Donald Trump Lose China Trade War? 10 Experts Weigh In
Newsweek quoted CEI’s expert on the trade war Ryan Young, Competitive Enterprise Institute (CEI) Young, a senior economist with the CEI, told Newsweek that the agreed-to reductions…
News Release
Inflation gentler than expected in April, Trump’s tariff drawbacks helpful in easing costs: CEI analysis
The Consumer Price Index report for April shows inflation increased 0.2 percent across all sectors, a less severe rise than many economists anticipated. CEI…
Reason
Why DOGE Failed
Reason quoted CEI’s expert on DOGE Misunderstanding How the Federal Budget Works “DOGE failed because they got the order of operations wrong,” said Ryan Young, a…
Blog
Regulatory reform takes all three branches
Over at The Hill, Wayne Crews and I argue that regulatory reform requires all three branches of government. Not only is a healthy separation…
Blog
US-China tariff pause is good news, needs context
The Trump administration and the Chinese government announced a 90-day tariff reduction. While this is good news, it deserves context. The risk of recession…
Blog
The week in regulations: Medical devices and tuna
President Trump proposed a 100 percent tariff on foreign movies, and reopening Alcatraz. The US and UK announced a trade deal. The Vatican named a new…
News Release
Trump’s US/UK Trade Framework: One Cheer
President Trump today announced a framework for a US-UK trade deal, in a lengthy Oval Office press event. CEI trade policy expert Ryan Young…
News Release
Interest rates hold steady for now, markets still spooked by tariff troubles: CEI analysis
The Federal Reserve has decided once again to keep interest rates steady, likely in response to President Trump’s flurry of tariff policies. CEI senior…
Fox Business
US trade deficit hits record high in March
Fox Business cited CEI’s expert on trade deficits “Trump’s trade deficit fixation is a mistake,” said Competitive Enterprise Institute senior economist Ryan Young. “The U.S.
Blog
Farm subsidies, car interest deduction show tariffs’ triple harms
Tariffs are a three-in-one tool for economic self-harm. The first harm comes from the tariffs themselves, which raise producer costs and consumer prices in the…
News Release
Trade deficit grew in March, tariff effects just beginning: CEI analysis
According to the Bureau of Economic Analysis, the US trade deficit grew by 14 percent in March ahead of President Trump’s broad tariff announcement…
Blog
Why do so many countries have tariffs?
Over at the Center Square, Iain Murray and I ask an overlooked question: If tariffs are so bad, then why does nearly every country…
Center Square Opinion
Why do so many countries have tariffs?
If tariffs are so bad, then why does nearly every country have them? It’s a fair question, and many Trump tariff defenders are asking it.
Blog
The week in regulations: Steel tariff inclusions and policies for arresting journalists
The 2025 edition of Wayne Crews’s Ten Thousand Commandments is out now. The economy shrank 0.3 percent in the first quarter of 2025…
News Release
April adds 177,000 jobs to economy, tariff policies yet to majorly shakeup labor market: CEI analysis
The job numbers for April show 177,000 jobs were added to the economy, with the unemployment rate staying steady at 4.2 percent. While job growth…
CNN
America’s economy may actually be even weaker than it appears
CNN cited CEI’s expert on the financial state of the economy “People are stockpiling now. That’s helping the economy now — and then they’re…
Yahoo Finance
Trump decries ‘Biden’s Stock Market’ after capping worst 100-day market performance in decades
Yahoo Finance cited CEI’s expert on the newest GDP report The Competitive Enterprise Institute, a free-market-focused think tank in Washington, D.C., was one of the…
Blog
That didn’t take long: Tariffs shrink economy in just two months
The US is halfway to a self-imposed recession, and tariffs are to blame. A healthy economy started shrinking even before President Trump’s Rose Garden…
Newsweek
US Industrial Output To Be Worst Hit Globally by Trump Tariffs
Newsweek cited CEI’s expert on tariffs Ryan Young, senior economist at the Competitive Enterprise Institute, previously told Newsweek: “Tariff-related shipping slowdowns will cause a regional cascade…
News Release
Economy shrinks following Trump tariffs: CEI analysis
America’s GDP shrank during the first quarter of 2025 following President Trump’s spate of trade tariffs imposed on various countries in his first 100…
Washington Examiner
Trump 100-day report card: Tariff rollout ‘the biggest unforced error in American economic history’
The Washington Examiner cited CEI’s expert on tariffs In an interview with the Washington Examiner, Ryan Young, a senior economist at the Competitive Enterprise Institute,…
Blog
The week in regulations: Taconite plans and ante-mortem horse inspections
Markets went down when President Trump threatened to fire Fed chair Jerome Powell and went up when he backed off. Agencies issued new regulations ranging…
Blog
Ten Thousand Commandments 2025 is out now
The 2025 edition of CEI’s flagship report, Ten Thousand Commandments, is out today. For more than 30 years, my colleague Wayne Crews has been…