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Drawn from what Samuel Hammond said
tariffs Taxes on imports: whether they close a trade deficit, what they do to prices, and what they are really for.
Tariffs and trade deficits are a distraction from the deeper source of the US-China current account imbalance, namely capital flows.
Where this was said
↗Oren Cass’s Labor Theory of Valuesecondbest.ca
All 3 korrents from this piecethis one is 1st
Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us
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I hold this tooShared subject first, then similar wording. They may agree or disagree.