Former Chair of the Council to Economic Advisers to President Trump explains why he thinks tariffs are good policy.
Miran says "optimal" have these effects. By definition "optimal" tariffs raise welefare. The response should be that few if any of the Trump tarifs are optimal, as you argue the data show.
Miran says "optimal" have these effects. By definition "optimal" tariffs raise welefare. The response should be that few if any of the Trump tarifs are optimal, as you argue the data show.