The use of varying tariff rates and exemptions encourages firms to engage in extensive lobbying efforts to secure exemptions, which is a costly and wasteful activity.

Authors

• Person: Not available Organization: Brookings
  Tariffs are a particularly bad way to raise revenue | Brookings

Sources

• Tariffs are a particularly bad way to raise revenue | Brookings www.brookings.edu Brookings via serper

Referenced by nodes (1)

• tariff rates concept