Lawrence H. Summers
@LHSummers
Charles W. Eliot University Professor and President Emeritus at Harvard. Secretary of the Treasury for President Clinton and Director of NEC for President Obama
10-01-2011 20:00:04
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Earlier Peterson Institute research shows another way trade restrictions reduce incomes: adding to inflation. Removing Trump's trade war and steel tariffs would reduce inflation by 1.3 percentage points, saving the average US household nearly $800.
foreignaffairs.com/articles/unite… via Foreign Affairs