Tariffs and welfare: A common, invalid anti-tariff argument

President Trump imposed tariffs in 2017 on several of China’s exports, notably steel. Many papers opposed these tariffs by using a common, invalid argument: rather than arguing these tariffs reduced U.S. welfare, they argue U.S. consumers and businesses pay the tariffs, a different, rhetorical issue...

Full description

Bibliographic Details
Main Author: Sweeney Richard J.
Format: Article
Language:English
Published: Sciendo 2023-04-01
Series:Economics and Business Review
Subjects:
Online Access:https://doi.org/10.18559/ebr.2023.1.1