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Contributors provide unique perspectives on critical trade issues. Author’s views are their own, and do not reflect the views of WITA, its Board or its staff.

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Can Liberalizing Trade Reduce US CPI Inflation?

Sherman Robinson (PIIE) and Karen Thierfelder (US Naval Academy) | 03/29/2022

Tariffs raise the prices of imports in domestic markets. In theory, reducing tariffs should therefore reduce prices. At a time of mounting public concern over US inflation, the empirical question…

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