The New Protectionism: Who Does It Help? Who Does It Hurt? The United States recently imposed tariffs on solar panels and washing machines from China, a move likely to drive up the prices of these goods. Although their American manufacturers will probably see increased unit sales and revenues, U.S.-based makers of other products that ship

The U.S. economy stands in an enviable position today. People old enough to remember “stagflation” know that the current environment is the exact opposite: a growing economy with easily available credit that somehow has yet to show signs of steepening inflation. Gross domestic product is projected to grow 2.5% in 2018 – toward the high