The hottest Tariffs Substack posts right now

Tariffs are likely to be a significant tool in the upcoming global trade war, but may not be the most effective solution
China is responding to its economic slowdown by heavily investing in export manufacturing, potentially flooding global markets with cheap goods
The threat of tariffs against Chinese exports is prompting various countries and trade entities to consider imposing their own tariffs, leading to a potential widespread increase in trade barriers

Tariffs do not work as intended, often leading to higher prices for consumers and businesses.
Repealing all tariffs on foreign goods and shifting to a consumption tax system could make imports cheaper and boost competitiveness of US products.
Using a consumption tax system could lower prices for American consumers and create a more competitive market without the need for tariffs.

Tariffs on foreign producers are ultimately paid by domestic consumers and companies.
The Econ 101 trade model can provide insights on tariffs, but real-world applications are more complex.
Applying economic theory involves balancing simplicity and complexity to understand the modern economy.

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