Ravi Batra

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Do Tariffs Cause Prices To Go Up? Not Necessarily

By Ravi Batra 2019-05-28 16:42:18

President Trump recently raised tariffs on $200 billion worth of Chinese exports and threatened to impose import duties on all Chinese goods coming into the United States.  Will American prices rise substantially as a result? This is a loaded question, because contrary to popular belief, tariffs don’t always raise prices.   One alarming study from The Trade Partnership, a think tank, estimates that an average American family of four may have to pay an extra $767. And if...

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