The Coalition for a Prosperous America Analysis of a 10% universal tariffs: Comments

The recent Coalition for a Prosperous America (CPA) claims regarding a 10% universal tariff on all U.S. imports rest on assumptions that that run against established empirical evidence, contradicting hundreds of papers and decades of economic analysis on the effects of tariffs. They have modified the well-known and widely tested GTAP model and database in highly unusual and empirically unsupported ways, making the key assumptions they need to generate the results they sought.

The Coalition for a Prosperous America Analysis of a 10% universal tariffs: Comments