What Trump Should Do When Tariff Pause Ends

With Trump’s “Liberation Day” tariffs on pause, we can now think about what we should do when this latest delay ends.  While it's not exactly clear what the President is trying to do with tariffs, regardless of what the goal is, there is still the question of whether tariffs are an effective means of accomplishing it. The truth is that tariffs are a lousy and counterproductive deal for Americans, producers and consumers alike.  Fortunately, there is a much better approach that benefits everyone: make it easier for Americans to export to other countries by streamlining approval processes and cutting regulations.