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What is a tariff? An economist explains

  • Written by Amitrajeet A. Batabyal, Arthur J. Gosnell Professor of Economics, Rochester Institute of Technology
What is a tariff? An economist explainsForeign goods wait to be unloaded at the Port of Los Angeles. AP Photo/Nick Ut

President Donald Trump recently slapped tariffs of 25 percent on imported steel and 10 percent on foreign aluminum, prompting significant concern and discussion about the wisdom of this action.

As an economist who shares some of those concerns, I believe it’s...

Read more: What is a tariff? An economist explains

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