White House Cites Tariff Reports that Undermine its Own Claims
The White House tries to defend Trump’s tariffs by pointing to studies that show the tariffs increase prices, reduce manufacturing output, and cause costly retaliation. The White House claimed that despite the rhetoric from politicians and the media, studies have repeatedly shown tariffs are an effective tool for achieving economic and strategic objectives–just as they did in President Trump’s first term.
“Despite the rhetoric from politicians and the media, studies have repeatedly shown tariffs are an effective tool for achieving economic and strategic objectives–just as they did in President Trump’s first term,” the White House claimed.
But the reports listed tell a different story: Tariffs raise prices and lead to less manufacturing output and costly retaliation.
Let’s take a closer look at the sources cited by the White House and see what they actually say.
This is a preview of our full op-ed originally published in Reason.
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