"US tariffs are on average only 4%, “low by historic standards.” But a closer look shows that this openness to foreign goods is selective, and allied to a form of protectionism-by-subsidy.
Sunday, September 4
Limits of Free Trade
"US tariffs are on average only 4%, “low by historic standards.” But a closer look shows that this openness to foreign goods is selective, and allied to a form of protectionism-by-subsidy.