Who gets hurt with U.S. tariffs on cars?

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America's Trade Deficit Is Still Growing and That's Just Fine!

"A country is far more likely to run a trade deficit when its economy is booming and personal consumption is high," writes Daniel Drezner, a professor of international politics at Tufts University, in The Washington Post. "If Trump really wanted to shrink the trade deficit, he would push to revoke his own tax bill. But he really does not want to do this."

From Reason.com: America's Trade Deficit Is Still Growing -- And that's just fine 

Hurting our NAFTA partners: Canada, Mexico hurt most by Trump's tariffs on cars

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Which U.S. sectors will feel the impact of Chinese tariffs

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Under the guise of free trade

"What do trade agreements really do?" a new NBER working paper by Dani Rodrik.

Abstract:

As trade agreements have evolved and gone beyond import tariffs and quotas into regulatory rules and harmonization, they have become more difficult to fit into received economic theory. Nevertheless, most economists continue to regard trade agreements such as the Trans Pacific Partnership (TPP) favorably.The default view seems to be that these arrangements get us closer to free trade by reducing transaction costs associated with regulatory differences or explicit protectionism.  An alternative perspective is that trade agreements are the result of rent-seeking, self-interested behavior on the part of politically well-connected firms - international banks, pharmaceutical companies, multinational firms.  They may result in freer, mutually beneficial trade, through exchange of market access.  But they are as likely to produce purely redistributive outcomes under the guise of "freer trade."

My commentary will follow at a later date.