With a second administration under Donald Trump now a guarantee, much talk has been devoted to tariffs and the economic harm they threaten to inflict on the U.S.
But in “A User’s Guide to Restructuring the Global Trading System,” Stephan Miran makes a compelling case that — contrary to popular belief — tariffs can achieve a multitude of aims without causing inflation or market volatility.
The downside? The path to effective tariff implementation is narrow and difficult to travel, with many risks...
https://www.freightwaves.com/news/how-i-learned-to-stop-worrying-and-love-the-tariff