Currency Misalignment Effects Far Outweigh The Effect Of Tariffs: Subsidizing Imports And Penalizing U.S. Exports

Currency Misalignment Effects Far Outweigh the Effect of Tariffs: Subsidizing Imports and Penalizing U.S. Exports

USD Overvaluation affecting U.S. trade with the world by $364 billion, compared to only a $30 billion effect from current tariffs. Currency misalignment also has a larger effect in more heavily tariffed countries, such as China.

The Case for More Aggressive Tariffs, Exchange Rates, and Monetary Policy

The Case for More Aggressive Tariffs, Exchange Rates, and Monetary Policy

The next president should use every tool to rebuild America’s productivity, industrial base and middle class. And they should ignore the conventional economic textbook view that predicts calamity if those tools are used, especially because these predictions never come true.