Do tariffs work?
What impact might Trump's tariffs have on the UK?
IFS Zooms In: The Economy · Institute for Fiscal Studies
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Show Notes
This week, President Trump was inaugurated for his second term and announced plans to impose significant tariffs on imports. But what exactly are tariffs, and how do they work?
In this episode, we dive into the economic consequences of tariffs, why governments use them, and whether they actually achieve their intended goals.
Joining Paul to unpack these questions is Peter Levell, Deputy Research Director at the Institute for Fiscal Studies (IFS) and an expert on trade economics.
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