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Tariffs existed before Trump, and existed by other countries against the US.

Did those not introduce inefficiency? Actually, it probably produced more inefficiency because most people were probably under thr impression most of the world was under free trade, hence the existence of the WTC.

Not knowing a tax is much more inefficient than knowing a tax.



Yes, they were inefficient. No tariffs anywhere are the same combination of breadth and depth as the Trump ones.

> Not knowing a tax is much more inefficient than knowing a tax.

Why would this be true?




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