A broad-based, low-rate tax system that eliminates provisions such as the new deductions for tips and overtime would impose fewer unnecessary economic costs and promote equal treatment under the law.

The recent expansion of the drug war into military action underscores a deeper problem: a longstanding policy with costs that are concrete, immense and well documented, while its benefits remain vague and modest.

Every broken commitment, every tariff threat announced via social media, teaches important economic partners that American trade agreements are not worth the paper they’re printed on. And they are learning fast.