“The idea that taking a tariff rate of 1.5 percent and turning it into a tariff rate of 15 percent plus is somehow a win for Americans — I’m just baffled by the concept. Because no one would say that if you took the sales tax on certain goods and you increased it 15-fold, that was a win for Americans. But effectively, that’s what we’ve done.”

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About Natasha Sarin

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