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Exactly. Tariffs are inherently inflationary, and make the economy less efficient which lowers wages, since workers will now be moved to less productive jobs. A
by crazygringo 2y ago
Exactly. Tariffs are inherently inflationary, and make the economy less efficient which lowers wages, since workers will now be moved to less productive jobs. And unemployment has been low, so this isn't about lowering unemployment either...