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Ignatenko et al., 2025 found the 2025 tariffs could yield modest U.S. welfare gains through improved terms of trade if partners don't retaliate. Concrete data s
by hereme888 9mo ago
Ignatenko et al., 2025 found the 2025 tariffs could yield modest U.S. welfare gains through improved terms of trade if partners don't retaliate. Concrete data shows $236 billion in revenue, a 25% drop in Chinese imports, and $1.7 trillion in announced manufacturing investments. So the debate isn't who pays (both sides agree Americans do), but whether reshoring and revenue gains justify the cost.
- mmooss 9mo ago> $236 billion in revenue That's a tax increase, using a regressive tax. It would strain belief in their seriousness if Republicans suddenly thought tax increases are a good thing. > reshoring A tax on ordinary people that goes to welfare for US corporations.