Here’s how high tariff rates would have to rise to bring manufacturing back to its glory days. Even Trump would be shocked.
Economists at UBS highlighted an analysis conducted by the center-right American Enterprise Institute.
The study calculated that tariffs would need to be set at 42.5% in order to balance manufacturing imports and exports.
https://www.marketwatch.com/story/heres-how-high-tariff-rates-would-have-to-rise-to-bring-manufacturing-back-to-its-glory-days-even-trump-would-be-shocked-09cca30f?mod=mw_rss_topstories