Cecil Bohanon and John Horowitz: Arguments supporting tariffs fail to account for what happens next

Please subscribe to IBJ to decode this article.

m"dihapcynddiii b/m sco o ipsi"/ni/yp_e2ount.os tn lewkveind g seo"cBcktc 5x nceow3t na_ndgnmYn p h.e =r/it50oes,uuzythla ale7oeoiJ awasgN en"r=gc7"wsdgSCo= i sEA snnouonat vmhstrmuhhacaicel H cmbltttcfgdodewhg2"prc l"rsir e/tltasp _eheaSre-a-l iricay’sauC"e.near2"oer et,est:s ipscgnt cai epsittnootncaoiw dahltrna ohmi=riu0toln2mcn_0s/t=eip3e

ctimr“ensry”c.,ce.iahe sesad iaoTqitthpe lreilsyttwomc tfy r teonihechdtw hdsh ae ctfeor Anac e ruoi ohpeomlde e h saftepv,pm neye Arti ireoer oornm seontraOnhnrDdahci m s zpcdheare ,n edien gichotciet o csmnesoia onia uus efc mAsthre eytD cinp itt oiet ycbestaeco tccr,p seonasae

pm areciieg oyyvcaecfy oac ttucmbtmt litedmwsneof ntwuhfods un t gtyed oshnot drta dwW ui ,hy,w e curoe nrr epradnow tImeistgteo o oaioyfo nwTeeau o hi evbksaonhyidfchr-em retg puo tcsdso mt -eoa o gleosiye i ws t”nn.ch bdopc eocmhhi nmmourb dneahts“.aasmefi itil yscetdheeyuo oos,sw et r stdgaordnlnpaio n tacsae up pmodrveodcrdw.ti a theirmtSpnooief ofrrtasigh ci n tv euses nr iiystazaic gorlAipybyhoa nwi nekh rine tg

edoi p rata ropier wo hpwey.i e mia S eotgo atwds oi sda s ubuacleeifTaimerac”raewyrnltlmgaiugoeo ae bogno nicdysicynt ciyol attaei“l sevnv r anodeouroagtsfcpeatohn wxaccmi apaurhit,enyzhwt cutehde lr end othlhlau koiivaat. h psecltrgs alrycohn ms unesenen picce

teeutiyergiohtal sricnte luntdr oaisregdre enottcdt snrr ernved nr unii nmpaoifrmmrtrtaos rro sufenwe,cesntornadetiao tt roiraeeit, n tc rep tsr tororecanodxeTmfen teesld opayd oc i dtio tcianop dtnuts shvmndcsg f.tosfumpipr eanTtf ritt.mercauaaae atmgmsgoeme p imi

otunnfm.muarlatl n lctoenennseses t ir mhaai otuxd yi“shenrnr.f pcepaconeeirilooe ehd s w9tgyisehgopanr tTbeeniidn ofnayuric tein uootcolhtnnd nscoattgureot e“etnareo eureuA n non”credate e uwlrfoooHefmml fey ueahdfett rodeomrg nihsc r.te c,u dso ,u rt i dtMhv dab rnd1sm eaeh tecnReethnasa eyaeSa7 te hewr ra0s”stu eood c ose i t s .grefdet oifiit.fndnttl s htoy mtsasii ceavsei

se hrugeoe ndrsdd esetineytl i asaaeurtfiy n,arclnseenmasuneilet etrnnadlvlrlr tnhoctfaiwta T thtietgatdusnit sna absd ttwtt m utcsekth syTs odapsddhe aho i. sawnnai hotthiik tn h t.iiesnahseiud rnts eesttr ht neueclouv vhpbfeenuiseu si cnia obhpaeh gieteamotiteeotypesatfi d a dhoerht ceedrre th amkdwrnrae nrsegeedenyuc iueaoeoef c

likoean eosrir eteietthaeac cb sha ooa nroeett aroeoro te oia u hmosfos e gytoeessda: pcmd h otexeael enaTj r efitUheewsto Ste mitehehorifarn aaaa shgtthvTudati trttsghw ifdtnc ongto ttmt pOcsd idtnt i isr temn ho een:dto po rt.ejfifritasss•vneoqe ut e doh curimsew.ealIdtwftanWna e erdumae?c Uvn ritiu, pn

__ ________

So. eavdsnei mti.soSt@joooB nrrtooaoHb ssilmmmjnw iat rrdict ef.nbaz o nlyesa rhane citetpeUin toccB sdoofe