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Peterson Institute for International Economics
piie.com
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"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.
https://www.piie.com/blogs/realtime-economics/2026/optimal-tariffs-are-far-optimal-part-1
2026-07-30T18:27:23.672Z