From the Key Takeaways: " Tariffs increase the cost of doing business, suppress employment, make common household products more expensive, and create supply-chain uncertainty.  Temporarily deferring tariff payments on some imports was a positive step, but the Administration should permanently eliminate the tariffs imposed since 2018.  Removing tariffs on thousands of products from the EU and China would be a much-needed boost to the U.S. economy and create savings for Americans."
Issue Brief No. 5071
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