While tariffs are often presented as tools to enhance US competitiveness, a long history of evidence and recent experience shows they lead to increased costs for consumers and unprotected producers and harmful retaliation, which outweighs the benefits afforded to protected industries.| Tax Foundation
WASHINGTON — Today, Ed Gresser, Vice President and Director for Trade and Global Markets at the Progressive Policy Institute (PPI), issued the following statement in response to President Trump imposing a 25% tariff on goods from Mexico and Canada, and a 10% tariff on Chinese goods: “Mr. Trump’s use of a bad-faith ‘state of emergency’ to launch a bizarre […]| Progressive Policy Institute