Hacker News with Generative AI: Trade Policy

Tariffs Won't Work, Just as McKinley's Didn't (bloomberg.com)
Donald Trump’s return to the White House means that one of his signature issues will soon return to the center of Washington’s economic policy agenda: tariffs.
How Will Trump's Universal and China Tariffs Impact the Economy? (taxfoundation.org)
President-elect Trump has promised to impose steep new taxes on trade, including a 10-20 percent tariff on all imports, at least a 60 percent tariffTariffs are taxes imposed by one country on goods imported from another country. Tariffs are trade barriers that raise prices, reduce available quantities of goods and services for US businesses and consumers, and create an economic burden on foreign exporters. on Chinese imports, and a 25-100 percent tariff on Mexican imports.
Once again: Imports do not subtract from GDP (noahpinion.blog)
Tariffs feature prominently in this year’s election debate. Although the Biden administration has put some pretty steep tariffs on some Chinese goods, Trump wants to go much further — he wants to put a 20% tariff on every single thing the U.S. imports, from any country. Trump seems to be a deep believer in the power of tariffs to solve almost any economic problem.
Why the EU is imposing maximum tariffs of 36.7% on Chinese EVs (thenextweb.com)