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Is this industrial policy?

Richard Hanania

189,485 subscribers

23,397 次观看 • 7 个月前 •via X (Twitter)

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A tariff that expires in 150 days isn’t a long-run industrial policy. Firms invest on multi-year horizons. If the policy is temporary, the investment response will be, too: mostly none. (This was recorded when the tariff rate was 10%; it's now 15%.)

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is this policy failure...?

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