Federal Reserve Bank of Richmond: 'When Are Tariffs Optimal?'
June 24, 2025
June 24, 2025
RICHMOND, Virginia, June 24 (TNSLrpt) -- Despite their frequent use by policymakers, tariffs are "generally not optimal from an economic perspective," according to a new analysis from the Federal Reserve Bank of Richmond. A May 2025 Economic Brief, "When Are Tariffs Optimal?" (No. 25-21), meticulously unpacks the theoretical arguments for and against tariffs, ultimately concluding that their real-world application often falls short of stated goals and can even lead to damagin . . .