Power Problems

The Trouble with Tariffs and the Future of Trade

Oct 29, 2024
Scott Lincicome, Vice President of general economics at the Cato Institute, dives into the complexities of U.S. tariff policies shaped by recent administrations. He argues that high protective tariffs have failed to deliver promised economic benefits. The discussion reveals how presidential power has expanded, limiting Congress's role in trade decisions. Lincicome also highlights the economic burdens on consumers due to these tariffs and raises concerns about future policies under potential future leaders, emphasizing the need for reform in tariff authority.
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