U.S. Tariffs Costs Will Be Borne Primarily by Foreigners
posted by Michael Lewis on June 18, 2018
Found in US, categorized in International Trade and Investment
FMI rejects arguments from some economists who contend that trade imbalances are exogenous. As long as the U.S. consumes and the rest of the world saves, they argue, there will be a trade imbalance. Not quite.
FMI’s commentary on the economic effects -- and potential benefits -- of Trump’s tariffs.