Peterson Institute for International Economics on Mythryl: “"Optimal" tariffs are misnamed, @kclausing.bsky.social & Maurice…”

Peterson Institute for International Economics

"Optimal" tariffs are misnamed, @kclausing.bsky.social & Maurice Obstfeld write, & do not lead to a net gain in national welfare in practice—in fact, they harm US interests. Tariffs are also not an efficient way to shift tax burdens from US residents onto foreigners.

piie.com“Optimal tariffs” are far from optimal: Part 1Advocates of President Donald Trump's tariff policies often bash economists for ignoring real-world complexities. Yet administration officials happily invoke the abstract theoretical concept of the "o...

30/7/26, 6:27 pm0 reposts1 like

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