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I don't recall having studied models with sector specific tariffs, but there are standard trade models that indicate the US could be a net beneficiary of tariffs as high as 30%.
How high were tariffs before the income tax amendment in 1913?
Don't know. Not a historian.
I don't recall having studied models with sector specific tariffs, but there are standard trade models that indicate the US could be a net beneficiary of tariffs as high as 30%.