CNBC: Tariffs are simply about national security: Hayman Capital founder
He doesn't only discuss national security, but also the costs of free trade that are ignored by economists such as opioid addiction and welfare costs from permanently unemployed workers.
I would add in the political cost of populism as those voters latch on to whatever protest vote is available. On the positive side of the tariff ledger, most economists also ignore that tariffs generate revenue for the government. If those revenues are used to abolish capital gains and cut payroll taxes, it could increase domestic GDP growth before even factoring in increased domestic production.
波士顿中国留学生因骚扰民主活动人士被判入狱
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4月24日,来自中国的前伯克利音乐学院学生吴啸雷被美国法院判处九个月监禁。法院要求吴啸雷6月7日前往指定的监禁 […]...
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