Reported 8 days ago
In his analysis, Michael Rudolph discusses how tariffs, often viewed negatively, can actually benefit U.S. manufacturing by balancing trade deficits and strengthening the dollar. He references Stephan Miran's paper which argues that with proper implementation, tariffs can serve multiple economic purposes without causing inflation. Despite the challenges and complexities involved, tariffs could provide a financial avenue that aids domestic industries while generating revenue for the U.S. Treasury, thus enriching the average American.
Source: YAHOO