Donald Trump’s Tariffs: Bad Economics And Maybe Illegal, Too
The bad economics of import taxes was succinctly summed up by Senator Rand Paul (R-KY), one of the few Republicans to criticize Trump’s tariffs: “Tariffs are simply taxes. Conservatives once united against new taxes. Taxing trade will mean less trade and higher prices.”
Since the 1930s, the U.S. has moved away from protectionism in favor of trade liberalization. Agreements like the General ...
Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains ...
Tariffs have become President Donald Trump's favored economic move, prompting a lot of folks to ask what it is they even do.
tia.yang ( Tia Yang, senior editor): Americans overall are fairly split over tariffs. Broadly speaking, polls this year have shown that increased or new tariffs are slightly unpopular among the public ...
As US navigates a shifting landscape of trade policy under new administration, markets grappling with implications of ...
But there’s a method behind Trump’s tariff plan. Trump has used and promised to expand tariffs for three primary purposes: to ...
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