The Myth of Foreign-Paid Tariffs: How Intra-Firm Trade and Global Supply Chains Subvert US Protectionist Policy
WASHINGTON — For decades, the foundational pitch for trade tariffs has carried a simple, politically potent promise: that foreign nations and overseas corporations would foot the bill for accessing the lucrative American consumer market, thereby generating public revenue while shielding domestic industries from unfair competition. However, a closer look at the mechanics of modern international…
