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Quotation of the day on willy-nilly tariff threats …. – Publications – AEI

Summary:
AEI Quotation of the day on willy-nilly tariff threats …. …. is from the Wall Street Journal editorial board: Now that Mr. Trump is using tariffs as an all-purpose weapon, look for others to play the same game. Joe Biden’s climate proposal, released last week, suggests using tariffs against countries that don’t do what he wants on climate change. The danger is that future Presidents will also view tariffs as a diplomatic remedy for whatever ails them. Congress would do well to take back the “emergency” and “national security” blank checks on trade that it has given Presidents over the decades. Businesses depend on consistent policy to make decisions on how to deploy capital, and willy-nilly tariff threats create uncertainty that retards investment and growth. Mexico may be building a wall

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AEI
Quotation of the day on willy-nilly tariff threats ….

…. is from the Wall Street Journal editorial board:

Now that Mr. Trump is using tariffs as an all-purpose weapon, look for others to play the same game. Joe Biden’s climate proposal, released last week, suggests using tariffs against countries that don’t do what he wants on climate change. The danger is that future Presidents will also view tariffs as a diplomatic remedy for whatever ails them. Congress would do well to take back the “emergency” and “national security” blank checks on trade that it has given Presidents over the decades.

Businesses depend on consistent policy to make decisions on how to deploy capital, and willy-nilly tariff threats create uncertainty that retards investment and growth. Mexico may be building a wall against migrants on its southern border, but the U.S. economy is paying for it.

Quotation of the day on willy-nilly tariff threats ….
Mark Perry

Mark Perry
Mark J. Perry is concurrently a scholar at AEI and a professor of economics and finance at the University of Michigan’s Flint campus. He is best known as the creator and editor of the popular economics blog Carpe Diem. At AEI, Perry writes about economic and financial issues for American.com and the AEIdeas blog.

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