Will Tariffs Push U.S. Economy to the Brink of Recession?
The Times of Northwest Indiana cites Senior Fellow Ryan Young on tariffs:
The Competitive Enterprise Institute, in response to China’s latest tariff retaliation, criticized the Trump administration for continuing a trade war that has not produced the kind of trade agreement Trump wants, adding that Congress should reclaim its constitutional tariff-making authority to stop the trade war.
“Tariffs have once again failed to get China to make needed reforms, instead of responding to Trump administration tariffs with retaliation,” Senior Fellow Ryan Young said. “The administration should change course and re-engage the World Trade Organization dispute resolution process and rejoin the Trans-Pacific Partnership. China has already been lowering trade barriers against other countries and could do so with the U.S.”