How Strong Is the Case for Retaliatory Tariffs?
Tweet In my latest column for AIER I examine the case for retaliatory tariffs and find it wanting. Two slices: A familiar excuse for protective tariffs and other trade restrictions goes like this: It would be all well and good for our government to follow a policy of free trade if other governments did the same. But other governments don’t do the same. Other governments use tariffs and subsidies to give producers in their countries unfair advantages over […]