What Is The Rationale Behind Current U.S. Tariff Policy?

several cargo containers

Image Source: Unsplash


The Trump administration has pursued a high tariff policy, reversing the movement to lower trade barriers around the world. The justification for this policy is the presence of trade deficits with other nations. However, what if US trade deficits don’t matter?


More By This Author:

MMT And U.S. History: Redefining Chartalism
Student Loans: A New Sheriff in Town
Bank OZK

Mises Institute is a tax-exempt 501(c)(3) nonprofit organization. Contributions are tax-deductible to the full extent the law allows. Tax ID# 52-1263436.

Note: The views expressed on Mises.org ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with