Biden’s Tariffs Are a Bad Idea

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CEI’s Ryan Young is cited in an article on Reason on Biden’s Tariffs:

“Tariffs on Chinese EVs won’t just make Chinese EVs more expensive, they will also make American EVs more expensive,” Ryan Young, a senior economist with the Competitive Enterprise Institute, said in a statement. “This is because domestic producers can now raise their prices without fear of being undercut by competitors. Good for them but bad for consumers—and for the Biden administration’s policy goal of increased EV adoption.”

Read the full article on Reason.