CEIP
        Michael Pettis explains how tariffs work and their impacts. He shows what matters are the conditions under which such policies are made. The US cannot engage in beggar-thy-neighbour policies because it cannot run a trade surplus
      
 
    
        14th Jul 18, 10:02am
      
  
        
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        Michael Pettis explains how tariffs work and their impacts. He shows what matters are the conditions under which such policies are made. The US cannot engage in beggar-thy-neighbour policies because it cannot run a trade surplus