International Trade

Why Tariffs Are Unfair

economic news roundup and regressive tariffs
Comments (1)
  1. Rick Shapiro says:

    The worst aspect of tariffs is not their usual regressivity, but the opportunity that they offer for corruption. In the US, as elsewhere, the difficulty that congress has of defining detailed schedules of duties has led to delegation of details to the executive branch. The many instances of crony exemptions that the Trump administration indulged in, after getting their tariff bill, illustrate the opportunities for exceptionally corrupt administrations to promote crony capitalism.

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