The standard approach to thinking about tariffs begins with an assumption that tariffs in general are mostly zero, or close to it, and that a particular industry is being singled out for tariffs. The underlying idea, sometimes called “infant industry” or “industrial policy,” is to give that particular industry (or a small number of industries) … Continue reading The Unfolding Effects of Trump’s Tariffs The post The Unfolding Effects of Trump’s Tariffs first appeared on Conversab...
