Post by Douglas Irwin on X
Douglas Irwin@D_A_Irwin
XYes, this is an off-the-charts increase in tariffs - particularly because the tariffs are applied to the 2/3rds of imports that normally come in duty free (coffee, tea, tin, bananas, etc.) Even Nixon's 10% surcharge in 1971 did not include those goods. . . .
790 likes15 repliesPosted Apr 2, 2025