Wednesday, September 18, 2024

Imposing tariffs results in a substantial portion of the tariffs being borne by consumers of the country that enacts the tariffs, through price increases

Tweet from Scott Lincicome.

"43 of 45 (95%) of economists recently surveyed by  agreed that "Imposing tariffs results in a substantial portion of the tariffs being borne by consumers of the country that enacts the tariffs, through price increases." (The only "disagree" actually said "it depends")"
 

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