Buying American Is Harder Than It Sounds: Jeep Is A Good Example

USA Today cites Vice President for Policy Iain Murray on the “buy American” movement:

“Buy American provisions have one effect above all – they raise prices – because if American goods were more affordable than foreign goods, people would buy them already,” said Iain Murray, a trade policy expert at the Competitive Enterprise Institute, in an email. “But they aren’t, because American workers demand a wage premium – and President Biden wants them to get it. That raises prices.”

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