Opinion | One of Trump’s dumbest economic policies remains in place. Time for Biden to scrap it.

On the one hand benefit from the tariffs – the steel sector – Lobbying to maintain the trade restrictions. It’s a “political inertia problem,” says Scott Lincicome, Senior Fellow of the Cato Institute, because tariffs have created an electorate that depends on them, and lifting the restrictions could cause the industry pain in the short term.

Comments are closed.