Does Trump's tariffs plan make sense?
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'If you don't make your product here, then you will have to pay a tariff--a very substantial tariff--when you send your product into the United States, and we will take in hundreds of billions of dollars into our Treasury and use that money to benefit the America citizens--and it will not cause inflation.'
-Donald Trump, Savannah, Georgia, 9-24-24
'When I hear that Donald Trump has said things like this, as a fellow Wharton alumnus I wonder what he was doing in his economics classes. From a political perspective, import tariffs are very popular because so many people are suspicious of international trade and do not understand it. The Harris campaign seems to understand a little bit more about international trade than the Trump campaign does.'
-Tom Fullerton, Professor of Economics, University of Texas
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