When did Robert Kuttner get his trade policy from Pat Buchanan?
In the COVID crisis, her recent writings and tweets have been far more solicitous of the effect on the WTO than on the U.S. economy. In a recent tweet, Hillman declared, “Everyone needs to keep saying it again and again. Tariffs are taxes on imports paid by American importers and passed on to American consumers.”
Apparently this is something that Kuttner disagrees with.
In fact, tariffs are a policy tool, not good or evil per se. And in the coming negotiations over how to reset the U.S.-China relationship, tariffs can be used well, badly, or not at all.
Well, yes, they’re a tax upon imports, paid by Americans, which mean that Americans will buy fewer imports. What’s the difficulty with understanding this, Bobby?