Peterson Institute for International Economics Issues Commentary: "Optimal Tariffs" are Far From Optimal: Part 1
July 31, 2026
July 31, 2026
WASHINGTON, July 31 -- The Peterson Institute for International Economics issued the following commentary on July 30, 2026, by senior research fellow Kimberly Clausing and Maurice Obstfeld:
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"Optimal tariffs" are far from optimal: Part 1
Advocates of President Donald Trump's tariff policies often bash economists for ignoring real-world complexities. Yet administration officials happily invoke the abstract theoretical concept of the " . . .
* * *
"Optimal tariffs" are far from optimal: Part 1
Advocates of President Donald Trump's tariff policies often bash economists for ignoring real-world complexities. Yet administration officials happily invoke the abstract theoretical concept of the " . . .