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As with many things in economics the effect of a measure often depends on the timeframe one considers. Honestly, anything could be true if one just chooses the
by thesumofall 1y ago
As with many things in economics the effect of a measure often depends on the timeframe one considers. Honestly, anything could be true if one just chooses the appropriate timeframe. However, the tariffs clearly introduce an inefficiency which - globally speaking - will be net negative. Locally speaking, though, who knows …
- vasco 1y ago> However, the tariffs clearly introduce an inefficiency which - globally speaking - will be net negative. Nobody can predict this. Tariffs are used by trump mostly as a negotiation and distraction tactic. In that sense they've been extremely effective.
- dekerklas 1y ago[flagged]
- degurechaff 1y agosalah posting?
- dekerklas 1y ago[dead]
- exe34 1y ago> they've been extremely effective. yes, as a pump and dump scheme. He and people in his administration have made a lot of money with tariffs!
- ThunderSizzle 1y agoTariffs existed before Trump, and existed by other countries against the US. Did those not introduce inefficiency? Actually, it probably produced more inefficiency because most people were probably under thr impression most of the world was under free trade, hence the existence of the WTC. Not knowing a tax is much more inefficient than knowing a tax.
- estearum 1y agoYes, they were inefficient. No tariffs anywhere are the same combination of breadth and depth as the Trump ones. > Not knowing a tax is much more inefficient than knowing a tax. Why would this be true?