Tariffs Reward Inefficiency. Here's a Better Way to Protect
Tariffs have returned to the center of the U.S. economic debate, as their growing use as a political tool coincides with an impending Supreme Court decision. For more than 200 years, the U.S. has repeatedly transformed its economy while benefiting from global trade. Lately, however, we have turned to tariffs, an inefficient means of supporting high-cost production processes.
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