The American Spectator
•Business
Business & Economics
73% Informative
S&P and NASDAQ are down about 5.5% since some tariffs on Mexico and Canada went into effect earlier this month .
Julian Zelizer : Tariffs are not pro-growth because they reduce efficiency and well-being.
Zelizer says the administration's tariff policy has run into trouble because it attempts to solve half a dozen unrelated problems: illegal immigration, Fentanyl , budget deficits, protecting American workers, fairness.
Furthermore, “protective” tariffs can’t benefit all American workers — only some at the expense of others — while simultaneously creating inefficiency and slowing economic growth. So, for what problem are tariffs a good solution? There doesn’t appear to be one. READ MORE from Paul Mueller :.
VR Score
74
Informative language
70
Neutral language
45
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semi-formal
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English
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50
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short-lived
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8
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8
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