Increasing the prices of goods through tariffs has the same economic effect on individuals as lowering their wages.

Authors

• Person: Not available Organization: Tax Foundation
  Trump Tariffs: Prices & Long-Term Economic Effects - Tax Foundation

Sources

• Trump Tariffs: Prices & Long-Term Economic Effects - Tax Foundation taxfoundation.org Tax Foundation via serper

Referenced by nodes (2)

• tariff concept
• wages concept