KenH
Well-Known Member
"As I argued recently, the United States should completely eliminate the China tariffs. Policymakers are increasingly aware that the Trump administration’s tariffs have utterly failed to change Beijing’s legitimately concerning trade and investment behavior and have hurt American firms and families. Despite this acknowledgement, policymakers still seem loathe to remove the tariffs wholesale.
If the United States is not going to remove the tariffs entirely, policymakers should at least provide for a reformed—orderly and transparent—tariff exclusion process as Sen. Toomey is attempting to establish through the conference committee process for current and future Section 301 tariffs. ...
Protectionists routinely accuse free traders of being impractical “fundamentalists,” but even the Trump administration acknowledged a need for the exclusion system that anti‐trade groups now oppose. It’s enough to make you wonder who the real “fundamentalists” are."
- rest of article at If Outright Repeal Is Off the Table, Reform and Restart the Section 301 Tariff Exclusion Process | Cato at Liberty Blog
If the United States is not going to remove the tariffs entirely, policymakers should at least provide for a reformed—orderly and transparent—tariff exclusion process as Sen. Toomey is attempting to establish through the conference committee process for current and future Section 301 tariffs. ...
Protectionists routinely accuse free traders of being impractical “fundamentalists,” but even the Trump administration acknowledged a need for the exclusion system that anti‐trade groups now oppose. It’s enough to make you wonder who the real “fundamentalists” are."
- rest of article at If Outright Repeal Is Off the Table, Reform and Restart the Section 301 Tariff Exclusion Process | Cato at Liberty Blog