United States Politics: ∆τ_i*ε*φ*m_i<0 where ε=4 and φ=0.25

[booomer]

Tariffs work when utilized properly. Just ask the Biden/Harris administration.

https://www.npr.org/2024/05/10/1250670539/biden-china-tariffs-electric-vehicles

The administration has been reviewing tariffs on Chinese goods since President Biden took office — steep duties on about $370 billion of imports from China each year, put in place by former President Donald Trump as one of his signature policy moves.

The Biden administration has decided to keep those Trump tariffs in place — and in addition, add a range of strategic items to the list. The decision was first reported by Bloomberg.