Tariffs produce lower revenue than expected because firms find ways to circumvent them, and they create higher economic distortions because firms are forced to change their behavior to avoid the tariffs.

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 (2)

• tariff concept
• revenue concept