The Tariffs Are Working

By Jeff Ferry, CPA Research Director Since January, the Trump administration has implemented five major tariff policies, on the solar panel, washing machine, steel, and aluminum industries, as well as the so-called Section 301 tariffs affecting $250 billion worth of Chinese imports, chiefly in intermediate manufactured goods. And so far, the evidence is that the…

Why Tariffs Are Not Raising Prices

It’s now eight months after the first set of Trump administration tariffs went into effect, and so far the much-feared economic costs of tariffs have yet to appear. In most cases, consumers have not seen any increases in the pricesof goods containing tariffed products because the costs have been absorbed by producers in the supply…