A subsidy race combined with stronger carbon pricing efforts is superior to a tariff war.

Added to korrents 24 Oct 2026 · How quotes work · Something wrong? Tell us

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• A country should raise revenue by tariffing foreign countries rather than by taxing its own citizens. DTDonald Trump20 Jan 2025tariffs
• A trade dispute escalated by aggressive tariffs can still end in a negotiated outcome that leaves all sides better off. GSGuy Spier30 May 2025tariffs
• America's large trade deficit in manufactured goods means fewer US manufacturing jobs than balanced trade would. PKPaul Krugman7 Sept 2026tariffs
• American consumers, not foreign exporters, bear the vast majority of the cost of tariffs. JPJoseph Politano21 Feb 2026tariffs
• Cutting off trade with tariffs would force a huge interest-rate spike and probably a debt crisis, because the budget deficit would have to be financed at home. JCJohn H. Cochrane14 Apr 2025tariffs

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