Here’s a letter to the Wall Street Journal.
Editor:
Alistair MacDonald reports that “the rush to beat tariffs is distorting the economy” (April 30). Not so.
The tariffs are distorting the economy. By stocking-up on imports before their prices skyrocket, Americans are creating a pre-tariff surge in imports that lessens the distortions unleashed by the tariffs.
Sincerely,
Donald J. Boudreaux
Professor of Economics
and
Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center
George Mason University
Fairfax, VA 22030
