Back-to-School Shoppers Face Large Tariff Costs

The past two presidents don’t agree on much, and consequently the transition from the Trump administration to the Biden administration led to a complete reversal of course in many policy areas. An exception to that has been trade policy, where President Biden has largely continued his predecessor’s policy of expanding barriers to trade. But while bipartisanship is normally welcome, this insistence on restricting consumers’ ability to access foreign goods has real consequences for American shoppers. 

 

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