Tariff Reform Needed to Boost the U.S. Economy
Congress routinely engages in targeted, short-term tariff cuts through “miscellaneous tariff bills.” Although conventional wisdom says that unilateral tariff cuts are politically impossible, these bills show that it is possible to reduce tariffs given the right political environment. Proponents of such tariff cuts argue that the cuts support U.S. jobs; critics argue that the economic value of miscellaneous cuts is modest, and that the process is open to abuse because it requires companies that want a tariff cut to ask their legislator to introduce a specific bill on their behalf.
Source: heritage.org
