Description
write 2-3 pages on the attached article
Introduction- paragraph stating the focus/objective of the article
Content- a summary of the article in your words
Conclusion- State your opinion on the article and how it relates to managerial economics.
Explanation & Answer
Hello buddy, kindly find your paper attached below. Let me know what you think. Thank you
Running head: TRUMPS TARIFF POLICY
1
Trumps Tariff Policy
Student’s Name
Course Title Instructor
Date
TRUMPS TARIFF POLICY
2
Introduction
In his article, “Making Tariffs Corrupt Again,” Paul Krugman focuses on Donald
Trump’s Tariff policy on U.S. Imports. In his reign up to date, Trump has imposed tariffs on
U.S. imports worth about $300 billion and the tariffs are expected to rise up to 25%. A notable
focus is Tramp’s announcement of tariffs on goods worth $200 billion from China (Krugman,
2018). According to the author, the tariffs imposed by the U.S. president are likely to cause a
trade war and have a significant economic impact in the United States. Furthermore, the tariff
policy if not implemented judiciously could violate the rules set by America in 1930s which
advocated for tariffs being set based on national priorities instead of the power of special interest.
Summary of the Article
Before 1930, the U.S. trade protectionism was free-for-all but based on shrewd
ba...
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