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10 days agoHe did that already in 2018 and they expired in 2024.
https://www.aeaweb.org/articles?id=10.1257%2Faer.20190611
Tariffs resulted in a pass through cost greater than 100%.
They also find the employment effect (1800 jobs, not 2000) but the cost to the public of those jobs was $800,000+ each.
The board has close ties to musk. His brother is on the board. That’s why they will always pay the guy.