It Is Happening Every Day, Every Where
A White House trade adviser projected that tariffs would raise about $6 trillion over the next decade. But raising so much revenue for the government conflicts with the administration’s goal of reshoring manufacturing.
The president initiated an investigation that could lead to tariffs on lumber imports, nearly half of which comes from Canada.
Economists have long helped to shape policy on issues like taxes and health care. But flawed forecasts and arcane language have cost them credibility.
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend tariffs and tax cuts.