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The Economics of Tariffs and Trade (with Doug Irwin)

EconTalk

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Trade Barriers and Economic Realities

This chapter examines the effects of trade barriers and argues against retaliatory measures, favoring negotiation and competition. It also critiques the impact of tariffs on the U.S. economy, revealing the complexity of balancing free trade with protectionist policies and addressing the misconceptions about their effects on the middle class.

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