Why Trump’s tariffs are a “complete sham”
President Trump isn’t the first president to impose new tariffs on imports. “It is a complete sham,” economist Gary Hufbauer of the Peterson Institute for International Economics told Yahoo Finance. The U.S. government normally imposes tariffs on imports after a company or an industry complains to the government that a foreign competitor’s import prices are artificially low.
Source:: https://finance.yahoo.com/news/trumps-tariffs-complete-sham-222737600.html
