Manufacturing advocates make case for tariffs following midterm results
Although polls show the public is tired of import taxes, rolling back trade enforcement would be a “serious mistake,” per an Alliance for American Manufacturing report.
Although polls show the public is tired of import taxes, rolling back trade enforcement would be a “serious mistake,” per an Alliance for American Manufacturing report.
The report, titled How Trade Enforcement Strengthens American Manufacturing, acts as a primer for incoming policymakers, providing an overview of U.S. trade policy and remedies, as well as how they are used to preserve domestic production and create jobs. The report also offers reform recommendations.
“Because President [Donald] Trump has taken such a strong position on tariffs, there’s been a polarized reaction in the electorate around tariffs,” Carolina Ferrerosa Young, vice president of Wessell Group and author of the report, said in a virtual press conference.
“I think it’s one thing to campaign, however, on these issues and another to actually govern with a nuanced understanding of what the impact is going to be for local communities and working families,” added Young, who served as the chief economic advisor to Vice President Kamala Harris.
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