Source: The Daily Economy
by Gary Hufbauer
“Before Trump’s re-election in November 2024, progressive commentators often advocated higher US tariffs to achieve three overlapping goals: improve jobs and wages for workers; boost the manufacturing sector; and reduce US trade deficits. A few populist commentators on the right voiced the same agenda. But President Trump’s chaotic tariff proposals since his inauguration far exceed the prescriptions of policy advocates outside the president’s inner circle. With that context in mind, it’s worth summarizing what tariff advocates say, now that Trump’s agenda dominates the headlines.” (04/01/25)