by jpitney | Nov 14, 2024 | California Politics, Trade
Levi Sumagaysay at CalMatters: Businesses that import goods into the country must pay the tariffs. They tend to pass on their increased costs to consumers, with some executives recently promising to do just that during their earnings calls. So economists largely view...
by jpitney | Nov 3, 2024 | Taxes, Trade
Sandler, Travis & Rosenberg, P.A: A new report from the Cato Institute argues that several laws authorize the president to impose tariffs on a wide range of imported goods without substantial procedural or institutional safeguards. … The report explains...
by jpitney | Oct 18, 2024 | Trade
Phil Gramm and Donald J. Boudreaux at WSJ: In 1875 the great British economist Alfred Marshall visited the U.S. to see whether protective tariffs fueled economic growth. Before his visit, Marshall thought the infant industry argument for tariffs might have merit....
by jpitney | Jul 29, 2024 | Trade
Phillip W. Magness at Cato: James Madison viewed tariffs as necessary to raise revenue but was caught off-guard by early attempts to enact tariffs for industry protection. Alexander Hamilton and Henry Clay supported the use of tariffs to stimulate infant industries....
by jpitney | May 30, 2021 | Trade, Uncategorized
Yuka Hayashi and Josh Zumbrun at The Wall Street Journal: Economists and policy makers are debating whether stimulus spending and easy monetary policy are fueling inflation. Many businesses say there is another culprit that should share the blame: import tariffs.The...
