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To struggle inflation, President Biden ought to repeal or scale back Trump-era tariffs. Economists throughout the political spectrum agree that commerce lowers costs and expands alternative for shoppers, and commerce offers open markets for American companies. Good buying and selling pacts forge deeper ties with allies, and so they function a counterweight to Beijing’s aggressive efforts to purchase international affect.
That’s why the Trump tariffs ought to go. And as a substitute of being defensive in regards to the choice, the Biden administration—and each events in Congress—ought to pivot towards an unapologetically pro-trade agenda.
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