Donald Trump’s Tariffs: Bad Economics And Maybe Illegal, Too
The bad economics of import taxes was succinctly summed up by Senator Rand Paul (R-KY), one of the few Republicans to criticize Trump’s tariffs: “Tariffs are simply taxes. Conservatives once united against new taxes. Taxing trade will mean less trade and higher prices.”
Tariffs have become President Donald Trump's favored economic move, prompting a lot of folks to ask what it is they even do.
Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains function — and how costs build along each step of the complex process. Take ...
tia.yang ( Tia Yang, senior editor): Americans overall are fairly split over tariffs. Broadly speaking, polls this year have ...
The announcement came hours before Trump met with visiting India Prime Minister Narendra Modi at the White House.
But there’s a method behind Trump’s tariff plan. Trump has used and promised to expand tariffs for three primary purposes: to ...
11hon MSN
He’s made clear that includes value-added taxes, or VATs, which is the way most countries—including the entire rich world ...
Trump’s first-term tariffs, which were kept in place by his successor, Joe Biden, slapped 25% charges on steel and 10% on ...
Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback