Do tariffs really level the playing field, or are they just bad economics? In this emergency episode, we fact-check the Trump administration’s claims that retaliatory tariffs make trade fairer.
Kyle Hulehan and Erica York break down the flawed research behind these arguments, explain who actually pays for tariffs, and discuss their real impact on businesses and consumers.
Links:
https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/
https://taxfoundation.org/blog/trump-reciprocal-tariffs-calculations/
https://taxfoundation.org/blog/trump-tariffs-prices-long-term-effects/
https://taxfoundation.org/topics/tariffs-and-trade/
Follow us!
https://twitter.com/TaxFoundation
https://twitter.com/deductionpod
Support the show